08 November 2018 - 11:34

SWIFT Action against Iranian Banks is Regretful: European Commission

European Commission said that SWIFT's stance for suspending Iranian access to it is regretful.
News ID : 93440
سوئیفت

According to Reuters, the European Commission said it found regrettable the decision by the Belgium-based SWIFT financial messaging service to suspend some unspecified Iranian banks' access to it.



"We find this decision rather ... regrettable," Commission foreign affairs spokeswoman Maja Kocijancic told a briefing.



In a statement, SWIFT said that suspending the Iranian banks access to the messaging system was "taken in the interest of the stability and integrity of the wider global financial system."


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