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Switzerland ready to reactivate Iran’s bank accounts

Business Materials 4 October 2015 15:48 (UTC +04:00)

Baku, Azerbaijan, Oct. 4

By Fatih Karimov - Trend:

Switzerland is ready to reactivate Iran's dormant bank accounts.

Iran's Central Bank Governor Valiollah Seif said that Swiss banks are ready, even before the implementation of the Joint Comprehensive Plan of Action (JCPOA), to reactive Iran's bank accounts, Tasnim reported Oct. 4.

"All the obstacles should be identified and removed before Iranian banks' branches abroad are reopened," Seif further commented.

He emphasized the need to make the situation ready for implementing the JCPOA, saying that activities of all Iranian banks should be brought back to the pre-sanction level.

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