Banking Transactions

Swiss bank BCP halts all new business with Iran: Reuters

TEHRAN, May 30 (MNA) – The Swiss BCP bank said on Tuesday that it has suspended new transactions with Iran after the US withdrawal from the nuclear deal.

Oil giant Total says EU efforts to keep company in Iran futile

TEHRAN, May 26 (MNA) – According to Total President and CEO Patrick Pouyanne, it is impossible to keep giants in Iran as big companies need to work with American banking system and Europe is unable to solve the problem.

Some German banks back Iran despite US threats

TEHRAN, May 23 (MNA) – Six credit unions in southern Germany are still processing payments to Iran, undaunted by the threats of Trump’s administration against Iran.

Croatian economy min.:

Removing banking barriers with Iran, priority of Europe’s private banks

TEHRAN, May 18 (MNA) – Croatian Minister of Economy Martina Dalić said that transfer of money to Iran is not prohibited within the framework of EU rules and regulations.

Iran-Croatia banking relations re-opened: deputy eco. min.

TEHRAN, May. 08 (MNA) – Mohammad Khazaei, Iranian Deputy Economy Minister and President of the Organization for Investment, Economic and Technical Assistance of Iran said that Iran and Croatia have re-established normal banking relations.

CBI governor:

Iran, Croatia to boost banking relations

TEHRAN, May. 07 (MNA) – Governor of the Central Bank of Iran (CBI) Valiollah Seif said that banking ties between Iran and Croatia will be expanded.

CBI governor:

Iran not concerned about US pullout from JCPOA

TEHRAN, Apr. 29 (MNA) – Central Bank of Iran (CBI) has predicted all scenarios in case of US withdrawal from the Joint Comprehensive Plan of Action (JCPOA), the official title of nuclear deal.

Official urges removal of Iran’s name from FATF blacklist

TEHRAN, Apr. 29 (MNA) – Manager of the Central Bank of Iran (CBI) Ferdows Zare’ for Compliance Affairs pointed to tracking transactions in Society for Worldwide Interbank Financial Telecommunication (SWIFT) as pilot and said, “according to CBI instructions, banks are obliged to approve and notify the Compliance Charter in the highest level.”

CBI bans trading cryptocurrencies

TEHRAN, Apr. 22 (MNA) – The Central Bank of Iran (CBI) has issued instructions banning the country’s banking network and its related tools from trading all kinds of cryptocurrencies or digital currencies.

Lack of banking ties obstructing development of Iran-Brazil ties: Zarif

TEHRAN, Apr. 10 (MNA) – Iranian Foreign Minister Zarif, the addressed the opening of the Iran-Brazil Joint Trade Seminar in Brasilia on Tuesday and urged the Brazilian government and economy activist to remove banking obstacles.

Zarif:

Iran after all-out relations with Pakistan

TEHRAN, Mar. 12 (MNA) – Iran’s foreign minister said Iran seeks to have fully-fledged relations with Pakistan, adding it is waiting for Pakistan’s response.

Ares Bank of Spain posed to offer credit line to Iranian

TEHRAN, Feb. 27 (MNA) – The MD of Ares Bank of Spain announced on Tuesday the readiness of this bank for issuing a credit line of short-term finance between Iran and Spain.

Nonbanking order process for importing goods from 4 countries banned

TEHRAN, Feb. 8 (MNA) – In a directive issued by the First Vice President Es’hagh Jahangiri, order registration process for importing goods from four countries of India, South Korea, Turkey and China is possible only through opening Letter of Credit (L/C), draft and remittance, effective as of Jan. 30, 2018.

Demirbank license revoked, Kapital Bank to reimburse depositors

TEHRAN, Jan. 15 (MNA) – Iranian official announced that Demirbank license has been revoked since December 23, 2017 and the Azerbaijani Kapital Bank has been chosen as the substitute bank that will reimburse depositors.

Iran to probe into frozen bank accounts in China

TEHRAN, Jan. 06 (MNA) – Chairman of Tehran Chamber of Commerce Masoud Khansari said that the Chinese have declared money laundering to be the reason for closing the bank accounts of Iranians in China and announced that the problem will be discussed with the foreign minister in a meeting.

3 Russian banks open credit lines for Iran

TEHRAN, Jan. 02 (MNA) – Iranian Minister of Economic Affairs and Finance, Masoud Karbasian reassured that three Russian banks will provide Iranians with needed banking services, finance, and credit.

90% of Iranian ships sail under Iran flag after JCPOA

TEHRAN, Dec. 10 (MNA) – CEO of Iran Shipping Lines Group said Sun. that the implementation of JCPOA has made it possible for 90% of Iranian vessels to sail under Iran’s flag.

Iran, JCPOA to move forward, despite Trump’s efforts: MP

TEHRAN, Nov. 12 (MNA) – Iranian MP Saffari Natanzi says that the US efforts to get Europeans along in its anti-Iran campaign has been futile so far. The legislator reassured that Europeans will stay committed to the pact.

Iran reacts to new Chinese banks restrictions

TEHRAN, Oct. 28 (MNA) – In a statement issued Saturday, Iran’s embassy in china has addressed the intensification of banking obstacles for Iranian’s living in China.

Iran talks with Europe to open lines of credit

TEHRAN, Oct. 15 (MNA) – Pointing to CBI’s talks with several European and Asian countries to open lines of credit, Deputy Economy Minister said it is expected that finalizing these talks could increase foreign investments.

Iran, Turkey agree to use national currencies

TEHRAN, Oct. 10 (MNA) – A draft of MoU for using Iran’s rial and Turkey’s lira was inked by governors of Iranian and Turkish central banks.

Resolving bank issues to help Iran-France ties

TEHRAN, Oct. 04 (MNA) – The new Iranian Ambassador to Paris, Ablqasem Delfi, met with 62 members and representatives in ARUA and urged for resolution of banking issues for better interactions between Iran and France.

Pres. Rouhani:

'Iran can provide for Europe's energy needs'

TEHRAN, Oct. 03 (MNA) – In a Tue. meeting with Chairman of Irish Senate, Iranian President Rouhani stressed that the Islamic Republic can be a reliable source for meeting the energy needs of European countries.

No problem in China's payment for Iran petrochemicals: FM

TEHRAN, Sep. 26 (MNA) – The Spokesman of Iran’s Foreign Ministry Bahram Ghasemi says all obstacles on the payments of Iranian export of petrochemical products to China has been removed.

Jens Rönnberg:

Lack of transparency challenges foreign investment in Iran

TEHRAN, Sep. 18 (MNA) – A member of European Central Bank’s Executive Board and an auditor in PricewaterhouseCoopers firm says transparency is still the major obstacle to international companies’ cooperation with Iran.

Cabinet spox:

US hostility no longer works in swaying global opinions

TEHRAN, Sep. 05 (MNA) – Iran's cabinet spokesperson Nobakht said some foreign banks are not cooperating with Iran due to US pressure, adding this hostile behavior no longer works in influencing global opinions.

Zagreb, Tehran after deeper banking ties

TEHRAN, Sep. 02 (MNA) – Boris Vujčić, Governor of Central Bank of Croatia said the largest bank of the Eastern European country was keen on bolstering cooperation with Iranian counterparts.

Iran, Iraq industry mins. meet in Tehran

TEHRAN, Jul. 16 (MNA) – Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh received his Iraqi counterpart Mohammad Shiya al-Sudani in Tehran.

Iranian banks to establish treasury operations

TEHRAN, Jun. 21 (MNA) – A CBI official said, by end of the present year, necessary conditions will be created for launching broker ties with the world’s banks as a prerequisite to adopting uniform currency rates.