This is what they call a "false positive" and it is incredibly annoying. It happens to thousands of people with names like Mohammad or Ivan. You can definitely apply for a "Redress Number" through the DHS, but that is mostly for travel. For banking issues, you need to work on your "due diligence" file. You should check the main website
https://ofacblockedfundslawyers.com/ to see how to handle these identity conflicts with the US Treasury. Usually, you can submit a request to the bank to update your profile with more specific info like your middle name and date of birth. I had a client who had the same name as a sanctioned general and he had to carry a legal memo everywhere to avoid being detained. It is a hassle, but once you have a professional legal opinion in your file, the banks will usually stop blocking your regular transfers.
