Iran General NewsBanco Santander, La Caixa close Iran accounts, Press TV...

Banco Santander, La Caixa close Iran accounts, Press TV reports

-

Bloomberg: La Caixa and Banco Santander SA closed the accounts of Iran’s embassy in Madrid to comply with financial sanctions against the country over its nuclear program, Press TV reported, without citing anyone.

Bloomberg

By Ladane Nasseri

La Caixa and Banco Santander SA closed the accounts of Iran’s embassy in Madrid to comply with financial sanctions against the country over its nuclear program, Press TV reported, without citing anyone.

Banco Santander earlier requested embassy officials withdraw their funds within a month, the Iranian state-run news channel said. The bank closed the account after the money was pulled out, Press TV said.

Embassy officials subsequently opened an account with La Caixa, which halted all banking transactions last week and shut the account yesterday, the channel said late yesterday.

Officials from Iran’s Economic Affairs and Finance Ministry and the country’s Chamber of Commerce arrived in Madrid yesterday to meet with Spanish officials, Press TV said.

Latest news

The Real ‘Separatists’ Are Iran’s Rulers

Dictatorships are marked by the absence of a balanced government, political and social instability, significant human rights violations, and...

The Role of Students and Universities in Iran’s Nationwide Uprising

In the national uprising of the people of Iran, which started in mid-September this year, the students played a...

Snapback Sanctions, a Must Response to Iran’s Human Rights Abuse and JCPOA Violations

The protests in Iran have been going on for more than two months, even though the regime is cracking...

Growing Disintegration Among Iran Regime’s Forces

Iran has been shaken by a wave of nationwide protests since mid-September. The trigger was the death of the...

Grim Tidings for Iran’s Regime After Approval of UN Fact-Finding Mission

After many discussions and debates, the United Nations Human Rights Council has approved a fact-finding mission to investigate the...

Iranian People’s Resistance Changed the Appeasement Policy

Soon after the new US government started its obligations in January 2021, hand in hand with the European governments...

Must read

Two hanged in central Iran prison

Iran Focus: Tehran, May 19 - Iran hanged two...

Russia denies arms could reach Iran via Syria

AFP: Russia on Wednesday denied a press report which...

You might also likeRELATED
Recommended to you