Central Bank of Iran (CBI) said some 200 foreign banks have so far forged business ties with Iran since the implementation of a lasting nuclear deal between Tehran and world powers in January, Tasnim news agency reports.
“Two hundred small and medium-sized international banks have started correspondent relationships with Iranian banks,” CBI said in an emailed response to questions by Reuters.
It further said that Iranian banks are now opening accounts and letters of credit with foreign banks and conducting “currency transfers in the form of issuing payment orders for foreign exchange services and imports”.
