Iran, Turkey Eye Bank Card Integration

Following a national currency swap deal that was recently implemented, Iran and Turkey are now pursuing the integration of bank cards in a move aimed at helping the massive flow of tourists traveling between the two nations.
This was announced during a meeting on Saturday between high-level representatives of Bank Melli Iran and Turkey’s Ziraat Bank, the official website of BMI reported.
“It has been decided that bank cards will be used between the two countries. Many Iranian and Turkish tourists travel between the two countries each year and using these cards can lead to the growth of tourism,” Mohammad Reza Hosseinzadeh, Bank Melli’s CEO, said.
Huseyin Aydin, CEO of Ziraat Bank who also heads Turkey’s association of state-owned banks, also put his support behind the scheme and said using integrated bank card systems can help the exchange of currencies and boost bilateral trade.”