Iran has initiated a scheme to provide travel money cards for outbound tourists with the first prepaid card issued for First Vice President Es'haq Jahangiri on Sunday.
According to Ali Asghar Mounesan, the head of Iran's Cultural Heritage, Handicrafts and Tourism Organization, the plan is aimed at controlling the outflow of foreign currency via travelers. "Iranians often carry dollar and euro bills with them when they travel abroad which puts the country's banking system under considerable pressure," he was quoted as saying by ICANA.
Mounesan did not specify which banks had cooperated in launching the scheme.
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