Iran's Banks To Be Blocked From Global Banking System -- BBC
Swift, the body that handles global banking transactions, says it will cut Iran's banks out of the system on Saturday to enforce sanctions.
The move will isolate Iran financially by making it almost impossible for money to flow in and out of the country via official banking channels.
It will hit its oil industry, but may also have a heavy impact on Iranians who live abroad and send money home.
The move follows EU sanctions against Iran over its nuclear programme.
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More News On Iranian Banks Being Blocked From the Global Financial System
Iran cut off from global financial system -- AP
Move blocks Iranian banks from world payments system -- Miami Herald/McClatchy News
EU steps up banking sanctions against Iran -- CNN
Iran banking sanctions 'like not having travel documents' -- BBC
30 Iranian banks cut off from most global commerce following European sanctions -- Canadian Business/AP
Sanctioned Iran Banks Being Cut Off From Global Network -- Bloomberg
Iran cut off from global financial system -- CBS
Crucial Communication Network Expelling Iranian Banks -- New York Times
Sanctions vice tightens on Iran over nuclear dispute -- Reuters
Payments system SWIFT to expel Iranian banks Saturday -- Reuters
A primer on Belgian company key to Iran sanctions -- AP
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