Business And Markets
0

Iran's CB to Reconsider New Limits on Money Transfer via Cards

Iran's CB to Reconsider New Limits on Money Transfer via Cards
Iran's CB to Reconsider New Limits on Money Transfer via Cards

Governor of Central Bank of Iran, Akbar Komijani, has instructed relevant officials to reconsider new rules set for transferring money via bank cards.
The move came after concerns that the new card-to-card money transfer restriction would undermine small businesses, the CBI website said.    
Earlier in the week, the CBI passed a bylaw imposing new limits on money transfer via bank cards to control and curb suspicious transactions.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com