Currency remittance was allowed for manufacturing companies

The central bank declined to issue currency orders for import of goods for manufacturing companies, if approved by the relevant ministry, up to EUR 5 million or equivalent to other currencies.

According to ILNA and quoted from the Central Bank, the bank, in instruction No. 81538 dated 97.3.10, conducted an exchange transaction for importing goods for manufacturing companies, if approved by the relevant ministry, up to a maximum of EUR 5 million or equivalent to other currencies. Observing other terms and conditions.
In pursuance of the implementation of the new currency policy, the acquisition of the Rials for the opening of the credit (Section 1-3 of Section A) of the first part of the Set of Foreign Exchange Rules is allowed for manufacturing companies, if approved by the relevant ministry, up to a maximum of 20%.
Obviously, the funds are less than this ceiling by agreement between the agent and the applicant. In addition, the use of the provisions of this instruction will be possible by the date of 13/8/2013.