Europe Money Transfer Via Saman

EghtesadOnline: Saman Bank is now able to transfer money to European banks without any hurdle, the bank’s website has announced.

News ID: ۷۷۶۸۹۱

11 June 2017

”According to agreements, money transfer for different purposes, including for students and medical expenses, can be conducted through banks with which Saman has correspondent relations, provided the destination bank accepts it,” the bank said in a statement. Based on the report, the service is not restricted to Saman Bank’s customers and those of other Iranian banks can also benefit within the framework of central bank regulations. In May 2017, Saman Bank launched a representative office in Rome aiming to promote investment opportunities in Iran and offer banking, financial and legal consultancy services to European investors keen on doing business in Iran, according to Financial Tribune. Capital Intelligence Ratings, last May, affirmed Saman Bank’s long- and short-term foreign currency rating of ‘B’.