Financial Services

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"Visa is not able to offer products or services to Iranian banks, merchants or consumers, a source in Visa Inc., US multinational financial services corporation, told Trend. This is due to the ongoing restrictions by the Office of Foreign Assets Control (OFAC) of the US..." (March 14, 2018)


An AP review of corporate SEC filings found dozens of companies that have done business in Iran in recent years or said their products or services may have made it there through other channels. Some are household names: PepsiCo, Tyson Foods, Canon, BP Amoco, Exxon Mobil, GE Healthcare, the Wells Fargo financial services company, Visa, MasterCard and the Cadbury Schweppes candy and beverage maker. (From bull semen to bras, Iran still buys American, Associated Press, Sharon Theimer, July 9, 2008)

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