In line with measures to improve security and transparency of bank transactions, the Central Bank of Iran said it plans to block unidentified transactions in less than two weeks.
Mehran Mahramian, the CBI vice governor for innovative technologies, said from January 24 all bank payments done via bank accounts whose owners lack registered ID numbers would be refused
The measure will particularly impact bank clients who have not completely registered their identity with banks.
"The move will not affect customers whose ID details are registered with banks and credit institutions," the CBI public relations website quoted Mahramian as saying.
He said relevant regulations had been in place years ago but not enforced because “the CBI needed [more] time to develop the structures.”
Government organizations, namely the National Organization for Civil Registration, Iranian Company Registration Office and the Ministry of Interior helped the CBI to ensure the ID accuracy of bank customers, he said.
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