banking

By imposing a sweeping international banking blockade against the Iran, the global community can stymie efforts by the Iranian regime to utilize non-sanctioned banks to circumvent efforts to sever Iran from the international financial system.

New banking sanctions must focus on all Iranian banks and contain no limit or thresholds on the areas of prohibited activity. Sanctions against Bank Markazi, Iran’s central bank, should be comprehensive and not limited. Any financial institution participating in, transacting in any way, holding or transmitting funds, arising out of or related in any way to a “barter” transaction shall be subject to sanctions.

In addition, banks should represent and certify that they do not facilitate, directly or indirectly, the transfer of hard currency into and out of Iran, and, in particular, banks should certify that they do not, directly or indirectly, facilitate transactions on behalf of any Iranian financial institution, including the Central Bank of Iran. Click here for UANI Banking Legislation.

Press Releases

UANI Applauds Standard Chartered Bank for Pulling Out of Iran” (5/10/12)
UANI Calls on IMF to Cease its Business with Iran's Central Bank” (5/1/12)
UANI Calls for International Banking Blockade on Iran” (3/16/12)
UANI Issues Statement Following SWIFT’s Announcement to Discontinue Services to EU-Sanctioned Iranian Financial Institutions” (3/15/12)
UANI Launches SWIFT Campaign Calls on SWIFT to Terminate Its Relationships with Iran's Banks and Financial Institutions” (2/1/12)