eu to ban iranian banks from using worldwide financial network
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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EU to ban Iranian banks from using worldwide financial network

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Arab Today, arab today EU to ban Iranian banks from using worldwide financial network

Brussels - Kuna

The EU intends to ban Iranian banks from conducting global financial transactions, the Brussels-based 'Euobserver' webiste reported today quoting unnamed senior US and EU diplomats. The Iranian banks will no longer be able to operate the Society for Worldwide Interbank Financial Telecommunication (Swift). Swift which has its headquarters in Belgium is a worldwide financial messaging network which exchanges messages between banks and other financial institutions.

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