News - Iranian banks bypass sanctions on SWIFT payment systems

Started by MikeLigalig.com, February 13, 2013, 10:12:20 PM

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MikeLigalig.com

Iranian banks bypass sanctions on SWIFT payment systems

TEHRAN, Feb. 12 (MNA) ? Iran?s banks have been able to bypass a ban imposed last year on carrying out global financial transactions via the world?s most-used electronic payment system, known as SWIFT, according to officials at the Belgium-based company which runs the system.

Source: Iranian banks bypass sanctions on SWIFT payment systems
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