Iran, Latin America to Expand Correspondent Relations

Wednesday, October 04, 2017
Member of the Board of Directors and International Affairs Deputy Manager of Bank Melli Iran announced; "In regard to expanding correspondent relations to support foreign trade, Bank Melli Iran succeeded to establish correspondent banking relationship with Brazilian banks."

 According to the report of Public Relations Dept. of BMI, Panahi said; "BMI is fully prepared to provide services that matches needs of traders who trades with Latin America."

He expressed; "Doing Business via banks is a way of maintaining security, creating security layers and at the same time reduces transaction charges. Banks allow traders to do more business and expand trading through their credit potentials."

Panahi added that Foreign Dept. of BMI assist customers to become aware of how and where they could benefit from these banking services.


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