🔸 The validity of the British general license to make some necessary payments to four Iranian banks and the insurance company of Iran expired on the morning of Friday, November 1.

🔸 The validity of the British general license to make some necessary payments to four Iranian banks and the insurance company of Iran expired on the morning of Friday, November 1.

According to the documents published on the official website of the British government, this license allowed the National Bank and its subsidiaries in the United Kingdom, Sadrat Bank, Tajarat Bank, International Bank for Persia and Iran Insurance Company to pay some necessary expenses for their activities in this country.

These costs included employee wages and pensions, information technology services, communication and accounting services.

🔸 The Office for the Implementation of Financial Sanctions of the British Ministry of Finance announced in the past that the general license related to these banks will be violated on October 22 (30 square meters) and will not be renewed.

🔸 According to the new guidelines of the Ministry of Finance of the United Kingdom, the demand related to the activity subject to sanctions will be rejected in principle, except in exceptional and emergency situations.