New Bank Fee System Delayed

Changes to the bank commission mechanism announced by the Central Bank of Iran last month were scheduled to come into effect today (Sunday). But sources say that that the implementation phase has now been postponed to later this month.
A report by Way2pay website said that the delay is largely because several banks and credit institutions are not ready to adapt to the new system. However, it is unclear whether or not the unpreparedness is related to lack of infrastructure and technicalities of the banking network.