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Electronic Money Transfer in Gov't Organizations

Electronic Money Transfer in Gov't Organizations
Electronic Money Transfer in Gov't Organizations

Central Bank of Iran has introduced a mechanism since November that allows payments among administrative bodies to be transferred electronically instead of checks.  
According to the CBI website, as per the provisions of the Monetary and Banking Law, the CBI is a government banker tasked with holding its financial accounts and processing all its inbound and outbound transactions. 

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