Producers, exporters, and importers met with governor of the Central Bank of Iran, Mohammad Reza Farzin.
During the meeting, business owners expressed disappointment with the excessive fees bank-affiliated exchange shops charge. The CBI has said that charging fees over and above approved by the regulator is against regulations and pledged to take action, IBENA reported.
Producers demanded that they receive an invoice for the fees they pay to moneychangers so that they can incorporate it into the total manufacturing cost, apparently for taxation needs.
Some importing companies highlighted the bloated bureaucracy and hassles in designating the intermediary bank during order registration and called for the designation at the time of submitting the payment receipt. The CBI stated that that would be the function of the Ministry of Industry, Mine, and Trade when making orders.
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