Baku, Azerbaijan, Jan. 21
By Khalid Kazimov - Trend:
Iran's Central bank has announced that the SWIFT (the Society for Worldwide Interbank Financial Telecommunication) sanction on the country's 12 banks has been lifted, IRNA news agency reported.
According to the announcement, the country's Central Bank as well as Tejarat Bank, Refah Bank, Export Development Bank of Iran, Bank Sepah, Post Bank Iran, Bank of Industry and Mine, Iran-Europe Commercial Bank, Tose`e Ta`avon Bank (Cooperative Development Bank), Sina Bank, Bank Mellat and Bank Melli are now eligible to use SWIFT.
On 20. Jan, the governor of the Central Bank of Iran (CBI), Valiollah Seif, said that despite the removal of international sanctions at least two Iranian banks are still under sanctions.
In a joint statement on Jan. 16, the EU High Representative Federica Mogherini and Iran's Foreign Minister Mohammad Javad Zarif announced the implementation of the JCPOA, aka nuclear deal, and the removal of economic sanctions on Iran.
According to the statement, EU confirmed that legal framework, providing for lifting of its nuclear-related economic and financial sanctions, is effective.