Monday 24 October 2016
Iranian banks

Network International in talks with Iranian banks

UAE-based Network International, the largest payments processor in the Middle East and Africa, could begin working with some of Iran's largest banks this year, the company's chief executive told Reuters on Sunday. The comp


Iranian banks reconnected to Swift network

Global transaction network Swift has reconnected a number of Iranian banks to its system, allowing them to resume cross-border transactions with foreign banks after the lifting of sanctions on Tehran, a Swift official said. Irania


Swift to cut off Iranian banks

Belgium-based Swift, which operates the bulk of global cross-border payments, will cut off sanctioned Iranian banks on Saturday under tighter EU financial sanctions on Tehran. Swift (Society for Worldwide Interbank Financial Telecommunicat

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