WASHINGTON (MarketWatch) — Dutch bank ING ING -3.00% NL:INGA -2.80% said it’s going to pay a $619 million fine to the U.S. Treasury Department for allegedly violating Office of Foreign Assets Control rules, mostly associated with ING’s Cuban operations. ING also was accused of breaking rules restricting transactions with Iran, Burma, Sudan and Libya. ING said it’s also entered into a deferred prosecution agreement with the Justice Department, the U.S. Attorney’s Office for the District of Columbia and the District Attorney of the County of New York. This is the largest-ever settlement reached in an OFAC sanctions case. ING took a provision in the first quarter to cover the fine.