FATF blacklist effects for Iranians living abroad

  Abbas Mehdar Ghaem Maghami, a former Deutsche Bank of Germany, wrote:

Iranians living abroad are faced with discrimination due to the FATF blacklist: Iran:

1. In the process of "Know Your Customer" or KYC, which stands for "Know Your Customer".  In the process, which includes information and documentation that must be received to approve the identity of applicants in financial organizations - for example banks or insurance companies - the risk assessment is, and because of Iran's FATF blacklist, Iranians are identified as high -risk individuals and are more accurately reduced or reduced financial services and services.  For example, sending an Iranian bank remittance may take longer than a non -Iranian remittance, and even the bank refuses to accept an Iranian applicant as a customer.

2. Discrimination in Validation: Being Iranian abroad for the bank will reduce the financial credit of the Iranian customer.  This means that if the loan requests, the bank will lend a non -Iranian loan to a non -Iranian.  No matter whether Iranians have double nationality.

3. It is not possible to bank transfer to Iran, and the use of a currency exchange that does not guarantee and security is a crime to send money to Iran in some countries, such as Germany, and has the risk of criminal conviction, loss of jobs or even prison.