Germany examining Iranian request to move $353 mil cash home

Young journalists club

News ID: 25684
Publish Date: 17:13 - 09 July 2018
TEHRAN, July 09 - Germany's Finance Ministry said authorities are examining a request from Iran to repatriate hundreds of millions of euros in cash held in a Hamburg-based bank.

Germany examining Iranian request to move $353 mil cash homeTEHRAN, Young Journalists Club (YJC) - Bild newspaper reported Monday that Iran wants to bring home 300 million euros ($353 million) it has in the European-Iranian Trade Bank to have on hand when American financial sector sanctions come into effect.

Finance Ministry Jeanette Schwamberger confirmed the request had been made, and says it's now being checked by financial regulators, AP reported.

She says she has no overall figure for Iranian holdings in Germany.

 

Tags
germany ، iran ، request ، cash ، bank
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