Banks Told to Block Transactions of Flawed IDs

The Central Bank of Iran announced that as of April 26, the PAYA network, an electronic clearing house, has stopped processing transactions lacking full ID of bank customers.
The measure is in line with CBI plans to enhance transparency in the banki…

The Central Bank of Iran announced that as of April 26, the PAYA network, an electronic clearing house, has stopped processing transactions lacking full ID of bank customers. The measure is in line with CBI plans to enhance transparency in the banking industry and implement stringent anti-money...