Banking Transactions

China’s Bank of Kunlun to resume financial transactions with Iran tomorrow

TEHRAN, Dec. 09 (MNA) – According to the Vice-Chairman of Iran-China Chamber of Commerce, Bank of Kunlun will resume receiving payments from Iranian importers tomorrow.
2018-12-09 23:30
Iran, China discuss ways to enhance banking ties

TEHRAN, Dec. 04 (MNA) – Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati and Chinese Ambassador to Iran Pang Sen held a meeting on Tuesday in Tehran, conferring on ways to boost banking relations.
2018-12-04 15:11
Banking official:

Major European bank keen on resuming coop. with Iran

TEHRAN, Dec. 02 (MNA) – An official working in Iran’s banking system said Sun. that the country has held several sessions with a major European bank during which the bank has voiced readiness to resume cooperation with Iran in the face of US sanctions.
2018-12-02 13:40
German banks block, refuse to open new accounts for Iranian students

TEHRAN, Nov. 26 (MNA) – Some German financial institutions have caused a lot of problems for Iranian students by blocking their bank accounts and refusing to open new accounts.
2018-11-26 19:06
Iran welcomes foreign banks to join its alternative to SWIFT

TEHRAN, Nov. 18 (MNA) – An informed source said the Central Bank of Iran (CBI) has launched a money transfer alternative to the SWIFT, adding that foreign banks are joining the platform one after another.
2018-11-18 16:39
Beijing planing to set up new banking system for financial, banking coop. with Tehran

TEHRAN, Oct. 29 (MNA) – With the possibility of cutting banking relationship between China’s Bank of Kunlun and Iranian traders, Beijing intends to launch a new banking system to continue financial and banking cooperation with the Islamic Republic of Iran.
2018-10-29 15:36
Iranian diplomat:

EU still in talks with Iran to find ways to buy Iranian oil

TEHRAN, Oct. 20 (MNA) – Iranian diplomat Morteza Safari Natanzi said Sat. that the reason behind EU’s prolonged talks with Iran is because European countries are trying to find better ways to maintain banking ties and buy Iranian oil.
2018-10-20 12:00
MCC:

MCC approves regulations on establishing representation offices of foreign banks in Iran

TEHRAN, Oct. 19 (MNA) – Money and Credit Council (MCC) in its latest session, held at the venue of the Central Bank of Iran (CBI), approved the regulations on ‘instruction of the way of establishing, monitoring, supervising and closing branch offices of foreign banks in Iran’ in 79 articles and 22 notes.
2018-10-19 17:35
Iran to reform banking system, gives Central Bank necessary permits

TEHRAN, Oct. 13 (MNA) – The Supreme Council of Economic Coordination convened on Sat. in a session chaired by President Rouhani where members discussed and approved the authorities of the Central Bank of Iran for implementing the Banking System Reform Plan.
2018-10-13 18:23
Sanctions motivate Russian banks to bring more euro than dollars

TEHRAN, Sep. 30 (MNA) – The threat of US and Europe sanctions against Russia has motivated Russian banks to bring into their country more euros than dollars, the CEO of Russian VEB development bank told TASS Sat.
2018-09-30 16:21
EU steps to circumvent US sanctions are ‘weak’: Iranian official

TEHRAN, Sep. 17 (MNA) – Chairman of Iranian Parliament’s National Security and Foreign Policy Commission Heshmatollah Falahatpisheh has called the European Countries’ actions in circumventing US sanctions on Iran as ‘weak’.
2018-09-17 18:12
Europe seeks to establish banking system with Iran

TEHRAN, Sep. 08 (MNA) – The Chair of the European parliament's group for relations with Iran has said that the European countries are looking for an independent financial system for banking cooperation with Iran.
2018-09-08 21:14
Rouhani fails to convince Parl. on 4 out of 5 economic-related questions

TEHRAN, Aug. 28 (MNA) – Iranian lawmakers were not convinced by President Rouhani’s answers to four out of five questions about his government’s handling of the country’s economic situation.
2018-08-28 11:08
Zarif says Iran still waiting for EU to guarantee oil sales, banking ties

TEHRAN, Aug. 25 (MNA) – Iranian Foreign Minister Mohammad Javad Zarif says that the EU is expected to take some steps to save the nuclear deal including preserving Iran’s oil sales and its banking relations.
2018-08-25 19:14
Top US banks won’t commit to ending Iranian financial access: report

TEHRAN, Aug. 25 (MNA) – Two top American financial institutions would not commit to cutting Iranian access to international financial markets as part of Trump's anti-Iran campaign, the Washington Free Beacon reported on Friday.
2018-08-25 09:43
Official:

Iran, Italy continue banking transactions by ditching dollar

TEHRAN, Aug. 23 (MNA) – President of Iran-Italy Joint Chamber of Commerce said Thu. that the two countries will continue their banking transactions by ditching dollar in the face of US sanctions.
2018-08-23 10:43
Iran-Kazakhstan transit potentials complementary: Pres. Rouhani

TEHRAN, Aug. 12 (MNA) – Iranian President Hassan Rouhani told Kazakh President Nursultan Nazarbayev on Sunday that the two countries should increase bilateral transit relations.
2018-08-12 17:45
UniCredit CEO expects to reach agreement with US over Iran by year-end

TEHRAN, Aug. 08 (MNA) – Italy’s biggest bank UniCredit expects to reach a deal with the United States in a dispute over alleged sanctions violations in Iran in the coming months, its CEO said on Tuesday.
2018-08-08 13:34
Deutsche Bank bans cash delivery to Iran

TEHRAN, Aug. 02 (MNA) – Germany’s Deutsche Bank passed a new financial policy on Wednesday which will prevent any money transfer to Iran in cash.
2018-08-02 13:10
Envoy warns of outside attempts to return Iran to FATF blacklist

TEHRAN, Aug. 01 (MNA) – Iranian ambassador to UK said the US, Saudi Arabia, Argentina and Israel made a lot of efforts to return Iran to FATF blacklist at the last plenary session of the global financial watchdog in Paris.
2018-08-01 10:56
Sanaei hails Iran-Russia banking relations

TEHRAN, Jul. 12 (MNA) – Iranian Ambassador to Moscow Mehdi Sanaei hailed the good banking relations between Iran and Russia, saying the necessary conditions have been made for further expansion of ties between the two sides.
2018-07-12 15:47
Japan’s biggest bank to halt Iran-related transactions

TEHRAN, Jul. 12 (MNA) – Mitsubishi UFJ Financial Group Inc (MUFG), which is considered the biggest bank of Japan, will stop all transactions related to Iran in compliance with the re-imposing of US sanctions against Tehran, Reuters reported on Thursday.
2018-07-12 14:35
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.
2018-05-30 10:26
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.
2018-05-26 16:15
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.
2018-05-23 10:33
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.
2018-05-18 13:49
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.
2018-05-08 15:55
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.
2018-05-07 11:31
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.
2018-04-29 11:43
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.”
2018-04-29 11:26