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Commercial Advisor to the Embassy of the Islamic Republic in Moscow, Mohsen Rahimi, confirmed that the creation of the necessary infrastructure for the use of Russian bank cards in Iran is underway, and of course will take some time.
He stressed that this measure was put on the agenda in line with Russia and Iran’s continued efforts to strengthen economic relations
number of Russian banks were banned from dealing through the international financial correspondence system “SWIFT”, and the assets of the Russian Central Bank in Western countries were frozen.
in 2014, when Western countries first threatened to isolate Russia from the system, major powers began to create alternatives.
In Russia, the “System for Transferring Financial Messages (“SPFS”) appeared, and in China – the Cross-Border Interbank Payments System (“CIPS”), and India also has its own system of transfers “UB”