Payment System
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CBI’s New Instant Payment System Ready for Launch
EghtesadOnline: The Central Bank of Iran is to launch an instant payment platform in late December, a deputy governor of the bank said.
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Russia Links INSTEX Inclusion to Iran Oil Sales
EghtesadOnline: Russia has said it may join a European Union payment system aimed at salvaging the Iran nuclear deal if the mechanism is expanded to include oil purchases.
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German FM Heiko Maas: Iran Payment System Will Be Finalized Soon
EghtesadOnline: Germany’s foreign minister said he is hopeful Europe in the coming weeks will be able to finalize its long-promised payment channel for conducting trade with Iran.
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India Mulls Barter System to Export Rice to Iran
EghtesadOnline: India's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop…
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CBI Governor: EU Mechanism Allows Access to Export Earnings
EghtesadOnline: Governor of the Central Bank of Iran has provided some details about the payment system to be unveiled by the European Union in the coming days saying that the mechanism allows…
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Iran Parliament Sets Rules for Establishing Financial, Credit Institutions
EghtesadOnline: Those wanting to establish business in the monetary market, namely establishing credit institutions, setting up branches and offices, attracting public deposits in any form, offering…
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Zarif: 7 Central Banks Will Join EU's New Iran Payment System
EghtesadOnline: Seven central banks have agreed to establish a special payments channel to facilitate payments for Iran and turn this channel into an institution in the future, Foreign Minister…
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Europeans Exploring Payment System With Iran
EghtesadOnline: Germany and its European partners are considering setting up a payment system with Iran, which allows the continuation of business transactions with the Islamic Republic once…