Saturday, 8 May , 2021
swift Archives - Iran News Daily
Some $5b of Iran Assets Blocked in Italy 10 Nov 2020

Some $5b of Iran Assets Blocked in Italy

Chairman of Iran-Italy Joint Chamber of Commerce Ahmad Pourfallah warned Iranian policy-makers

Russian, Chinese Banks Refrain From Serving Iranians 02 Aug 2020

Russian, Chinese Banks Refrain From Serving Iranians

Chairman of Iran-China Joint Chamber of Commerce says currently there is no banking transaction with Russia and China and if an individual with Iranian passport wants to enjoy banking services, he will be denied by both countries’ banks.

Iran to bypass SWIFT for trade transactions: CBI governor 18 Sep 2019

Iran to bypass SWIFT for trade transactions: CBI governor

Governor of Central Bank of Iran, Abdolnaser Hemmati, said Wed. that the country is making efforts to further strengthen trade transactions via national currencies, and render SWIFT practically useless.

Iran able to make its intl. trade unsanctionable via new monetary treaties 14 Sep 2019

Iran able to make its intl. trade unsanctionable via new monetary treaties

In its latest report titled ‘challenges of and solutions for economic prosperity in year 1398’, Iran's Islamic Parliament Research Center underscores the vitality of making new mutual or multilateral monetary contracts with international trade partners for Iran to skirt SWIFT, which operates under full supervision of the US.

Secondary bank sanctions at the top of monetary ammunition triangle 27 Apr 2019

Secondary bank sanctions at the top of monetary ammunition triangle

America’s monetary ammunition refers to the coordinated collection of US secondary banking sanction laws, the FATF recommendations and Swift Services for imposing sanctions, which Iran has been one of its most important targets in recent years.

Russia working on financial system independent from SWIFT: Putin 01 Dec 2018

Russia working on financial system independent from SWIFT: Putin

 Russian President Vladimir Putin said that Moscow is working with its major partners to create financial systems that are not dependent on the Society for Worldwide Interbank Financial Telecommunication (SWIFT). He made the remarks on Wednesday at the 10th annual ‘Russia Calling’ Investment Forum in Moscow. “We are actively working with some countries, with our partners […]

Germany Urges EU to Split from US to Save Iran Nuclear Deal 23 Aug 2018

Germany Urges EU to Split from US to Save Iran Nuclear Deal

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. “That’s why it is indispensable that we strengthen European autonomy by creating payment channels that are independent of […]

Official urges removal of Iran’s name from FATF blacklist 29 Apr 2018

Official urges removal of Iran’s name from FATF blacklist

 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.” Speaking in 6th Iran-Europe Business Forum, held in […]