UAE Banks Stop Transfer Money To Iran

United Arab Emirates Bank

Most banks in the United Arab Emirates (UAE), an important trading partner for Iran, has stopped transferring money to Iran as the latest round of sanctions against the Islamic Republic.

“We stop the transfer to Iran in any currency in July,” said an executive with an international bank. UN Security Council pressure Iran with sanctions fourth round on June 9 on the controversial uranium enrichment program, which was considered the West as a hidden effort to make nuclear bombs.
United States and the European Union unilaterally impose strict punitive measure that contains provisions to punish Tehran’s trading partners.

A banker told Emirates bank, the transfer to Iran in U.S. dollars and euros are now prohibited and has become very difficult, if not impossible, in dirhams, the currency of the UAE. ”The transaction by a client of Iran is always monitored,” said the banker.
He added that some transactions by clients of Iran, such as transfer to Asia to buy goods, for example, is sometimes blocked.”We use relationships with several banks in Tehran, but now almost impossible,” said the banker.

UAE officials last month said the country had imposed sanctions on Iran. Reported it began taking steps to implement the latest UN sanctions against Iran in June.

UAE central bank ordered the freezing 41 bank accounts because of sanctions against Iran, according to Internet sites Emirates Business .
Gulf News reported, Dubai, a business center and transportation hub of the UAE airline, also has closed the offices of 40 companies that allegedly violated the sanctions.

Iran is a significant trading partner with the UAE’s trade volume between Iran and Dubai alone is estimated at 10 billion dollars per year, mostly imported to the Emirate.

New Fractional Money, 10,000 Rupiah Best Pursued

The demand for new notes with 10 000 before Lebaran. Prestige of 10 000 with a new color of money Rp2.000 try to defeat the previous year.

According to the Director of Operations and Information Technology Tbk PT Bank Negara Indonesia (BNI), Suwoko Singoastro customers new parts, GNI preparation of a small fraction of RP250 billion in the Jakarta area needed to serve.

10 000 pieces of the demand for money increased by 70 percent, reaching Rp74 billion, compared with normal days of fasting. Peak demand is expected fraction of the new money, August 25 or when employees receive benefits Hari Raya (THR). ”Soon more to permintaanya,” he said.

At present, little money, the interest amounting to Rp76 billion Rp20.000, 10 000 (Rp74 billion), Rp5.000 (Rp68 billion), and a value of Rp42 billion dollars Rp2.000.

Meanwhile, the portion of the money Rp1.000 Rp22 billion reached Rp700 million banknotes and coins. ”Although parts Rp1.000 again, but not too interested,” he said.

He explained that the preparation of the Bank Indonesia (BI), anticipating the needs of small pieces of the money is better than last year. Furthermore, GNI of a currency counter with BI on the National Monument (were recognized).

“This year, BI is much more ready for small change, slide last year. Now is the smooth,” he said.

For deliveries of cash from ATMs and branches to prepare liver GNI Rp37, 9 billion question provided during the 26 days, ie, H-16 H 9.

The Main Obstacle in Starting a Business Online

After five days of vacuum online business blog updates because still enjoying the feel of this year's Lebaran really feels pleasure till now, then at this opportunity a business blog admin wants to vent a little and try to re-focus on serving niche blog articles are suitable to do with seeking money online even if admin is fully aware that his knowledge of Internet business is still far from what is desired from the beginning dahalu blogging, so it can be likened to a ball inside the stadium and sat in the stands at the back of just watching from a distance how much fun the player to create goal -goal is generated.

Continue reading