No new problems for Iranians in British banking system
Managing Director of International Bank Persia Mohammad Reza Meskarian said on Saturday that no new problems have been created for the UK-based Iranians in the country’s banking system. Closure of certain Iranians’ accounts in Britain is not something new and is mainly rooted in the past, he said, noting,…
Banking relation with Iran is moving, says British law expert
Sue Millar of Stephenson Harwood Law firm says British banks are generally very interested to re-establish connections with Iran and claim that there is a real movement happening in this area. In an interview with IRNA in London, and commenting on her opinion about the current banking situation, Millar said,…
SWIFT open to four more Iranian banks
Iran’s media reported on Thursday that four more of the country’s banks have been reconnected to SWIFT, the global provider of secure financial messaging services. The banks are all the foreign branches of key Iranian banks. They include the Yerevan branch of Bank Mellat, the Dushanbe branch of Tejarat Bank…
Talks Underway between Visa, Master Card Iran banks
Negotiations with big credit card issuers, namely Visa and Master Card, are underway to introduce their cards to Iran’s market, the CEO of Shaparak payment and settlement network said on Wednesday. Mohsen Qaderi, however, added that the process could take a long time. “The success of the talks hinges on…
1,000 LCs opened on 1st day of lifting sanctions: ICCIM
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture Mohsen Jalalpour said on Sunday that 1,000 LCs were opened on the first day of implementation of the Joint Comprehensive Plan of Action. Jalalpour told reporters on the sidelines of the meeting of the group of representatives of Iranian Chamber…
CBI governor predicts a breakthrough in banking system after JCPOA implementation
Governor of Central Bank of Iran (CBI) Valiollah Seif said on Monday that the Iranian banking system will experience a breakthrough after the implementation of the Joint Comprehensive Plan of Action (JCPOA) reached on July 14 between Tehran and the six world powers. Noting that Iran is now on the…
