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U.S. Sent Cash to Iran as Americans Were Freed

#68
(This post was last modified: 08-04-2016, 07:41 PM by jtmoney.)

Quote:It looks like the wiring of funds to or from Iran is also against the O.F.A.C. regulations.

Effective November 10, 2008, the authorization for “U-turn” transfers involving

Iran was revoked. As of that date, U.S. depository institutions are no longer

authorized to process transfers involving Iran that originate and end with

non-Iranian foreign banks. Details concerning the revocation of the U-turn

authorization and a description of currently permissible funds transfers can be

found in the Financial Dealings with Iran section of this document.




It could also be a matter that Iran demanded the hard currency. Due to the fact that they have been a pariah state under major global sanctions for years their banks were not able to use SWIFT, the worldwide transaction network that most of the developed world uses.


What happened to caps lock?


This also begs another question then. Why on earth are we sending them money? We can't wire them funds, but we can pay them in cash? Does that not sound stupid? Again, serious question and nothing to do with conspiracy.

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U.S. Sent Cash to Iran as Americans Were Freed - by jtmoney - 08-04-2016, 07:39 PM



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