20 Apr 2024
Tuesday 17 March 2015 - 14:19
Story Code : 156007

Russia ready to facilitate money transfer to Iran

[caption id="attachment_108529" align="alignright" width="219"]Irans Ambassador to Russia Mehdi Sanayee Irans Ambassador to Russia Mehdi Sanayee[/caption]

TEHRAN (ISNA)- Mir Business Bank is ready to provide services and facilitate monetary services from Russia to Iran, said Iranian Ambassador to Russia Mehdi Sanaie.

Based on the decisions made and also based on banking agreements between the two sides, Mir Business Bank in Moscow is ready to provide services and facilitate money transfer from Russia to Iran, he said.

The services would be provided under rules of Russian Central Bank, he said, adding legal and natural entities can give their cash to the bank and receive its legal equivalent in Tehran.

The measures aims to encourage Iranian exporters and facilitate transfer of cash obtained from exports to Russia and the republics of Central Asia and Caucasus.

By ISNA
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