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Swiss bank suspends all dealings with Iran

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Swiss bank suspends all dealings with Iran

Post  RamblerNash on Tue May 29, 2018 10:20 pm

Swiss bank suspends all dealings with Iran

29-05-2018 04:26 PM

The Euphrates -

Swiss Trade and Investment Bank said on Tuesday it had suspended all dealings with Iran and would gradually end its activities with this country after US President Donald Trump announced a withdrawal from the nuclear deal with Tehran.

The bank said in a statement that it had suspended all new transactions related to Iran after May 8.

Trump announced the withdrawal from the agreement on May 8 with the re-imposition of sanctions on Iran within 180 days, prompting a number of European companies to announce their exit from Iran.


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