Economics

Banco Santander, La Caixa Close Iran Accounts, Press TV Reports

Lock
This article is for subscribers only.

La Caixa and Banco Santander SA closed the accounts of Iran’s embassy in Madrid to comply with financial sanctions against the country over its nuclear program, Press TV reported, without citing anyone.

Banco Santander earlier requested embassy officials withdraw their funds within a month, the Iranian state-run news channel said. The bank closed the account after the money was pulled out, Press TV said.