Melli Bank Plc offers banking services and correspondent banking

Saturday, April 22, 2017
Board Member of Bank Melli Iran (BMI) and Deputy Chairman in International Affairs, Gholamreza Panahi said Melli Bank Plc is prepared for rendering banking services and correspondent banking to Iranian banks and merchants.
He added;" The reputation of Melli Bank Plc and its connectivity to Target2 since JCPA have now made it possible offering of banking services like opening L/Cs, payment orders, short-term financing, acceptance and advising of documents under L/Cs in Euro to the commercial parties in European area. Therefor Iranian merchants will enjoy the provided facilities in their commercial transactions with foreign parties.
Panahi also said that Banks of Iran can take advantage of the services mentioned via establishing correspondent banking relationships with Melli Bank Plc.

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