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Iran's CB Restricts Card Money Transfers

Iran's CB Restricts Card Money Transfers
Iran's CB Restricts Card Money Transfers

The Central Bank of Iran has imposed new limits on money transfer via bank cards in a renewed bid to control and curb suspicious transactions.
In a bylaw to banks, the CBI has required them to limit card-to-card money transfer to each recipient to 20 transactions per day, according to the Persian-language journal Peyvast.
Each card-holder with an ID can receive money via bank cards through a maximum of 20 transactions per day.  In one  month the number of transactions must not exceed 80, according to the new rules.  

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