US warns Iran banks may face sanctions without notice
The US Treasury Department alerted foreign financial institutions that continue to do business with Iran or its financial sector that they may be sanctioned by Washington without advance notice.
WASHINGTON, Oct 5 (Reuters) — The US Treasury Department said on Monday it was warning foreign financial institutions that continue to do business with Iran or its financial sector that they may be sanctioned by Washington without advance notice. In its alert, the Treasury said foreign financial institutions that keep transacting with sanctioned Iranian financial institutions could be targeted at any time without advance notification and should take immediate action to end those activity and relationships. com; +12024508248;