EghtesadOnline: It’s business as usual when it comes to money transfer for the import of essential goods, as processing of transactions and shipments into Iranian ports has not changed since a year ago, the head of Ports and Maritime Organization of Iran said.
EghtesadOnline: Despite sanctions and limitations on international money transfer, Iran will import 1.1 million tons of raw vegetable oil, including those from soybean, sunflowers, palm and sesame, in the fiscal 2019-20, just as it did last year, the secretary of Iranian Vegetable Oil Industry Association said.
EghtesadOnline: Money transfer, one of the biggest obstacles to Iran-Africa trade, can be taken care of through barter, the head of Iran-Africa Economic Cooperation Council said in a conference on July 30.
EghtesadOnline: When US President Donald Trump announced the reimposition of strongest sanctions against Iran on May 8, he also cast doubt over the survival of the country’s reinsurance deals with European counterparts.
EghtesadOnline: Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook Inc's chat application, as competition in the digital payments landscape intensifies.