Thursday , October 28 2021

SWIFT doubles pressure from the United States, cutting Iran's banks


Several Iranian banks have been detached from the SWIFT payment system.

The SWIFT payment system, the backbone of international money transfers, said on Monday it had suspended several Iranian banks after its nuclear sanctions imposed by the US. UU. In Tehran. "In line with our mission to support the resilience and integrity of the global financial system as a global and neutral service provider, SWIFT blocks the access of certain Iranian banks to the news system, which regrets, but in the interests of the stability and integrity of the system global financial ". SWIFT, a global interbank financial telecommunications company based in Belgium, provides banks with a secure international credit transfer network. Without their services, it will be harder for Iranian banks to do business with customers who are willing to maintain US sanctions. UU. To maintain relations with Tehran. Some American sanctions …

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