EghtesadOnline: Iran’s payment settlement network, Shaparak, processed 2.2 billion transactions during the month to January 20, down 2.24% in volume compared to the earlier month.
EghtesadOnline: The government wants to bring under closer scrutiny transactions above 50 billion rials ($375,000) conducted inside the country, head of Iranian National Tax Administration said.
EghtesadOnline: President Hassan Rouhani called for appropriate action on the part of all authorities to prevent a break-off in Iran's banking relations with the world, stressing that this is an issue of national interest.
EghtesadOnline: More than 3.7 billion transactions were processed via automated teller machines in the first eight months of the current fiscal year that ends in March.
EghtesadOnline: The nationwide payment settlement network, known as Shaparak, processed more than 2.25 billion payments worth 2,790.8 trillion rials ($20.98 billion based on open market currency rates in Tehran) in the last calendar month to December 21.
EghtesadOnline: Sincere stakeholders, in the anti-FATF camp in Tehran, say now is not the time to embrace the Financial Action Task Force rules. Their argument is premised on the reality that the country is saddled with tough US sanctions and that the limited foreign trade and transactions would be jeopardized by the watchdog’s oversight.
EghtesadOnline: Shaparak, Iran’s payment settlement network, processed 2.22 billion transactions worth 2,522 trillion rials ($20 billion) in the last calendar month to Nov. 22.
EghtesadOnline: Iran and Armenia discussed the possibility of establishing a special-purpose vehicle for conducting trade between the two neighboring countries.
EghtesadOnline: More than 2.26 billion transactions worth 2,534.9 trillion rials ($22.5 billion) were processed through Shaparak, Iran’s payment settlement network, during the last calendar month to October 22.
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.