Zarif: 7 Central Banks Will Join EU's New Iran Payment System

Seven central banks have agreed to establish a special payments channel to facilitate payments for Iran and turn this channel into an institution in the future, Foreign Minister Mohammad Javad Zarif said, answering a question about the details of the payment mechanism announced by the EU. 
He said the European countries’ efforts in recent months to find ways to maintain trade with Iran following the reinstatement of unilateral US sanctions.