How do Iranians move money abroad to avoid US sanctions?
- Tehran, Iran – Decades of international sanctions have severely restricted Iran’s access to the global financial system, making cross-border payments difficult for individuals and businesses alike.
- The sanctions have only increased with the current US-Israeli war on Iran.
- Unable to rely on conventional banking for international transactions, many Iranians have turned to alternative channels to pay for goods and services abroad.
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- Tehran, Iran – Decades of international sanctions have severely restricted Iran’s access to the global financial system, making cross-border payments difficult for individuals and businesses alike.
- The sanctions have only increased with the current US-Israeli war on Iran.
- Unable to rely on conventional banking for international transactions, many Iranians have turned to alternative channels to pay for goods and services abroad.
Sources: Al Jazeera