swift will disconnect some iranian banks this weekend
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

SWIFT will disconnect some Iranian banks this weekend

Egypt Today, egypt today

Egypt Today, egypt today SWIFT will disconnect some Iranian banks this weekend

SWIFT is the international interbank system.
Moscow - TASS

The global financial messaging service provider SWIFT will be disconnecting some Iranian banks this weekend, Reuters reported on Friday citing SWIFT chief executive Gottfried Leibbrandt.

On Monday, SWIFT stated that it would be suspending some unspecified Iranian banks’ access to its messaging system in the interest of the stability and integrity of the global financial system. SWIFT did not mention US sanctions coming back into effect on some Iranian financial institutions.

On November 2, US Treasury Secretary Stephen Mnuchin announced that Washington may impose sanctions against SWIFT in connection with Iran. According to him, the banking system was informed about the need to disconnect any Iranian financial institutions that would come under US sanctions. However, Mnuchin noted that an exception will be made for financial transactions of a humanitarian nature involving non-sanctioned legal entities.

SWIFT is the international interbank system of information transmission and payments. Over 11,000 financial institutions of more than 200 countries of the world are connected to it. The possibility of disconnecting Russia from SWIFT is discussed since 2014, when first anti-Russian sanctions related to the situation in Ukraine were introduced.

 

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

swift will disconnect some iranian banks this weekend swift will disconnect some iranian banks this weekend



GMT 07:22 2017 Monday ,20 November

Honda recalls 800,000 minivans over faulty seats

GMT 07:15 2017 Thursday ,30 November

Colombian President invites UAE companies

GMT 13:44 2013 Wednesday ,07 August

Chinese game developers bet on smartphone games

GMT 10:30 2011 Tuesday ,23 August

The Arab-Spanish investment forum 2011

GMT 10:49 2017 Monday ,06 November

Britain frozen out as EU finance chiefs plot future

GMT 14:30 2017 Wednesday ,06 December

India scent Test victory as pollution makes bowlers vomit

GMT 12:32 2018 Tuesday ,16 October

Runaway former sex offender nabbed in Thailand

GMT 16:34 2017 Wednesday ,01 March

Afghan capital attack toll jumps to 16

GMT 20:32 2013 Monday ,17 June

Porsche finds a new target audience

GMT 10:13 2011 Sunday ,31 July

Distressed debt firm eyes Nakheel creditors

GMT 18:25 2016 Thursday ,08 September

Ex-Lankan president’s ‘vanity airline’ grounded

GMT 21:02 2018 Wednesday ,05 September

Magnitude 5.5 earthquake strikes Russia’s Urals region

GMT 18:54 2014 Tuesday ,14 January

Cobalt nanoparticles applied in designing biosensor

GMT 12:00 2013 Wednesday ,31 July

Saudi consumers given teeth whitening kit warning

GMT 14:26 2014 Wednesday ,12 February

Earthquake behind shroud of Turin image

GMT 08:58 2014 Wednesday ,15 January

\'Lone Survivor\' blows away North American box office

GMT 15:32 2015 Sunday ,27 September

Thousands march to remember Mexico's missing students

GMT 01:25 2017 Thursday ,05 January

Strong Earthquake Strikes Off Coast of Fiji

GMT 12:51 2011 Friday ,08 July

No plans to merge Gazprom and Naftogaz
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday