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Iranians can now use bank cards in Russia as sanctions unite banking systems
FirstpostIranians can currently withdraw money in Russia, and will in the future be able to use their cards to pay for in-store purchases Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions.Iranian banks have been excluded since 2018 from the SWIFT international financial messaging service, which governs the vast majority of transactions worldwide. Iranian bank cards can now be used in Russia, state television channel IRINN said on Monday, showing the withdrawal of money using an Iranian bank card from an ATM in Russia. Iranians can currently withdraw money in Russia, and will in the future be able to use their cards to pay for in-store purchases, it added. In the future, Russians will also be able to use their bank cards in Iran, IRINN said, without specifying when.
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