Iran’s Central Bank says a financial mechanism is being developed to replace SWIFT system for transactions with Iran, and foreign banks are gradually joining the new system, known as SEPAM, to conduct financial transactions with the Islamic Republic.
News ID: 4890 Publish Date : 2018/11/26
TEHRAN(Basirat): The international financial messaging system SWIFT has announced the suspension of several Iranian banks from its service. The move comes as the United States re-imposes nuclear sanctions on Tehran.
News ID: 4795 Publish Date : 2018/11/07
TEHRAN (Basirat): Europe should set up payment systems independent of the US if it wants to save the 2015 nuclear deal between Iran and world powers that was abandoned by President Donald Trump, German Foreign Minister Heiko Maas said.
News ID: 4444 Publish Date : 2018/08/22