Thursday, 16 September , 2021
banking transactions Archives - Iran News Daily
Russia, Iran coordinating their payment systems as SWIFT alternative 14 Sep 2019

Russia, Iran coordinating their payment systems as SWIFT alternative

Russia and Iran are organizing cooperation between the Russian financial messaging system and Iran's Electronic Financial Messaging System (SEPAM) as an alternative to making payments through SWIFT for protection against third countries' sanctions, Russian presidential aide Yury Ushakov told reporters Friday.

Iran, Turkey ditched dollar for 35% of trade last year: Zarif 01 Jul 2019

Iran, Turkey ditched dollar for 35% of trade last year: Zarif

Iranian Foreign Minister Zarif, while stressing the dwindling power of US dollar in international transactions, said Iran and Turkey used national currencies for 35% of their bilateral trade last year.

CBI outlines 6 tactics to neutralize US economic pressure 04 May 2019

CBI outlines 6 tactics to neutralize US economic pressure

Governor of the Central Bank of Iran has outlined six strategies to counter and neutralize the US economic pressures and rein in inflation.

Iran, Italy continue banking transactions by ditching dollar 23 Aug 2018

Iran, Italy continue banking transactions by ditching dollar

 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. Ahmad Fallahpour made the announcement on Thursday, adding “given the fact that Italy’s economy mostly relies on small and medium-sized enterprises (SMEs), they have little concern about international reactions […]