Sber clients are now able to send money to the Islamic Republic, the lender has announced Russia’s largest lender Sber is offering a new service that allows its clients to transfer money to Iran, the bank announced on Thursday. The service is available to both individuals and businesses using their Sber accounts, according to the bank. “The money transfer service to Iran is new to us and the demand for it has yet to be assessed. The service is primarily designed for tourists,” the announcement read. According to Sber, ruble transfers will be sent to the Iranian Pasargad Bank with the standard commission
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