Iran’s Banking Problems With South Korea Resolved

Following the approval of a measure by lawmakers that allows Iran to formally join the UN treaty for combating the financing of terrorism earlier this week, Iranian residents in South Korea can now open bank accounts, said the secretary-general of Iran-South Korea Chamber of Commerce.

“According to Iranian Embassy in South Korea, Iranians can open bank accounts from October 5 in all branches of KEB Hana Bank and Woori Bank and carry out banking transactions,” Pooya Firoozi was quoted as saying

Source: FINANCIAL TRIBUNE