How Iranian Central Bank prevents money laundering?
Tehran, Iran, Dec.16
The governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati spoke about the regulator’s restrictive banking policies, which have prevented money laundering that is happening through certified cheques and bank cards.
“Money laundering via certified cheques and bank cards has been halted as a result of the recent limitation policies in daily banking transaction,” Trend reports as Tasnim cited Hemmati.
The central bank’s recent regulations have limited big figure transactions via POS terminals, while the issuance of certified cheques was restricted.
"The aim was to prevent the devaluation of national currency," he said.
The governor of the Central Bank of Iran has insisted on the necessity to use full capacity of new technologies to control national and foreign currency market for more dynamic economy.
"The use of technological infrastructures would expand CBI monitoring policies", he said.
During a visit to the Informatics Service Cooperation, Hemmati launched three customer identification systems.
Hemmati insisted on close monitoring and identification of customers' electronic transactions." The CBI’s goal is to lead national payment systems that would have full knowledge of banking transaction and avoid any abuse in electronic payment services which might disrupt the economic activities."
Sepand System is an automatic bill payment system that would subtract the bill from bank accounts.
Mahak is a monitoring infrastructure and part of fuel card system that would clarify the identity of card owners. The system is a link between Iran fuel management and banking system.