American Express Closes 30 Accounts Linked to Iran

Reported about 14 hours ago

American Express has shut down 30 customer accounts believed to be associated with the Iranian government. The accounts were reportedly only used for personal expenses. Additionally, the company terminated its relationship with a third-party ATM provider related to a U.S.-sanctioned Iranian bank, and reported the matter to the Treasury Department's Office of Foreign Assets Control. AmEx stated that the financial impact from these accounts was minimal.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis