Iranians in Malaysia say banks close their accounts as US sanctions bite

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Reuters
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1572408483155624000
Wed, 2019-10-30 03:50

KUALA LUMPUR: Banks in Malaysia are closing the accounts of Iranian individuals and companies, nearly a dozen affected people told Reuters, in a sign that US sanctions are having a far-reaching impact on citizens of the Islamic republic.
Although Malaysian banks seemed to be more cautious in dealing with Iranians than those elsewhere, some Iranians and one embassy official said, there were “mass closures” in the Southeast Asian country in recent months.

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