Transfer of money to Iran

Economic and trade sanctions in the states of US, are administered and managed by The Office of Foreign Assets Control, which is also known as OFAC in short. It is an organization of US department of the treasury. The rules and regulations comes under these sanctions are administered by US government which are based on U.S. foreign policy and national goals related to security matters of the state, organizations and individuals such as Iran and North Korea. This organization maintains and publishes a list on the regular basis that includes all such states, organizations and individuals that are directly or indirectly involved in multinational terrorism activities. This list is commonly known as Special Designated Nationals or SDN list. Business companies and organizations which are keep functioning from US are not allowed to do any business or any other kind of dealing with any of such states, organizations or an individual listen in this SDN list. At present, Iran and such nations are facing so many political as well as economical troubles from a long period of time. Under rules and regulations of Iran sanctions nuclear, missile and certain military exports to Iran are totally banned. But, other investments such as oil, gas and petrochemicals and their exports are not banned. This has affected the business dealings with Iranian Republic Guard Corps. Banking transactions, insurance transactions and transfer money to Iran related matters. Ferrari legal & Associates, P.C. is a law firm that helps persons to deal with such complex issues.

Transfer money to Iran Following Transaction Rules

If you want to transfer money to Iran you cannot but follow the Iran Sanctions Book. Without the aid of this you are sure to fail Iranian transactions be it in cash, kinds or any other thing. The Iranian Transactions Practice Guide is the only help book to wide open before you the specific sanctions of the United States of America. In this guide book it is clearly stated that if anyone holding the position of an attorney, business man, compliance officer or any common man willing to transact with Iran can go through the Transactions Regulations quite effectively. It is the best option for such a person willing to transact with Iran to go through the regulations. Violation of the rules may lead to tremendous setbacks and even ultimate failure.

The ultimate book

If you are willing to transfer money to Iran you need to follow some specific rules. It is not possible for you to go after your will as everything is confined with the red tapes. To aid the process and to make the transactions in a liberal manner you have to go through a book written by Erich Ferrari highlighting every facet of the transactions from the part of both the persons associated with legal  professions and those business aspirants. In this book it clearly stated show you can deal with your money if you want to transfer money to Iran. Hence the aspirants must go through the rules and do accordingly.

Sanctions for transferring money to Iran for business companies

Economic and trade sanctions of US are administered and enforced by The Office of Foreign Assets Control. It is also recognized as OFAC. OFAC is an organization of US department of the treasury. These sanctions are imposed by US government based on U.S. foreign policy and national security goals in opposition to under attack states, organizations and individuals such as Iran and North Korea. This organization upholds and publishes a listing that includes every single states, organizations and individuals that are involved in terror campaign actions. This directory is acknowledged as Special Designated Nationals or SDN list. Business companies and organizations of US are not permitted to make any contract with any such state, organization or individual listen in SDN list.

Iran is in front of political and economical dilemma due to Iran sanctions from an extended period of time. According to these sanctions nuclear, missile and certain military exports to Iran are prohibited. However, other investments such as oil, gas and petrochemicals and their exports are not prohibited. This has exaggerated business dealings with Iranian Republic Guard Corps. Banking transactions, insurance transactions and transfer money to Iran related matters, all are prohibited. Ferrari legal & Associates, P.C. is a law firm that has represented numbers of customers occupied in such matters associated to US economy or Iran Sanctions. Such companies and business dealings have their cases in order to transfer money to Iran, pending before OFAC. Serious federal and international criminal offenses and federal employment matters are also represented by the firm.

Iran Sanctions imposed by US government

After bombing of US Marine barracks in Lebanon and due to Islamic revolution, United State government has imposed Iran sanctions against for foreign policy and national security goals. These sanctions were imposed against individual, organizations and foreign states such as Iran and North Korea. These are indulged in anti-state activities and terrorism. That is why US government abandoned these groups and states to deal with all US based companies. Under Iran sanctions, there is ban on import and export with Iran. Also, selling aircraft, repair parts to aviation companies, nuclear, missile, investments in oil gas and petrochemicals, refines petroleum products, shipping along with ban on Iranian republican Guard Corps is ban.
Iran is facing economical and political halt from a long period of time because of these sanctions. There is an increase in inflation. Country is facing issues in costs of goods; unsteady supple and disrupted exports. Also there is a ban on to transfer money to Iran. Banking transactions are banned. So in case if anyone wants to transfer money to Iran through banking transactions, it is mot possible due to imposed sanctions. An agency of US department of the treasure, the office of the Foreign Assets Control, carries out administrative activities and enforcements of trade and economic sanctions in US. Agency maintains and publishes SDN list (Special Designated Nationals list) that includes names of all prohibited individuals organizations and foreign states indulged in anti-state activities and terrorism with which no business or financial companies of US are allowed to do business deals.

Regulation of SDN List Removal

Business companies and organizations which are based and functioning from US are not authorized to do business transactions with the company which is already registered under the OFAC SDN list. A law firm, Ferrari legal & Associates, works with the purpose to assist such companies with their legal matters. They represent the related records of their customers, looking forward to legal advices in matters which are related to US financial system or Iran Sanctions. They also deal with the matters related to trade dealings or money transfer to Iran, in accordance with the rules and regulations of OFAC SDN List Removal system. SDN list is commonly identified as Special Designated Nationals. Economic and business sanctions in US are managed by The Office of Foreign Assets Control, which is also recognized as OFAC. It is an association of US subdivision of the treasury. This organization deals with company communication with Iranian Republic Guard Corps. , banking transactions, insurance transactions and transfer money to Iran and related matters. These sanctions are mandatory to follow, for US based companies in accordance with the U.S. foreign policy. It is necessary for countrywide safety and security goals against the terrorism attack, organizations and persons involved in such affairs. However investments in oil, gas and petrochemicals industries do not come under such regulations. But nuclear, projectile and firm military exports are prohibited. Iran is facing economical problem due to such Iran sanctions.

Iran Sanctions by online

Are you tensed of any legal issues? And looking for brilliant solution for your problem? No need to worry, just get solution by online. Now a day it is very easy to handle such cases, because you will get answer for any question that arises in your mind from the internet. So it is very easy to solve all the issues within seconds. And there is Iran sanctions to solve any economic problems that you are facing. And through web you can reach to anywhere in a short period. Also it is very easy to look on internet the topic what you need. And this selection is very easy because you are doing all on your choice. There is no one to force you, or disturb.

There are various Iran sanctions having their own dedicated websites, these websites are like a transparent glass to their service. And they mention everything about them on their websites including what exactly their purpose and what are the benefits through their service, and what are the services that they offered, and how many members are there in the team and what are their qualifications etc. they give a clear and detailed picture about them through their site. Besides of all these they give complete contact details, which will help you to make a clear or transparent contact with them.

Transfer money to Iran easily

Even a decade ago money transferring is a big deal and includes many hazards. Most of the cases the concerns are unable to send money in a proper address with scheduled time. Now the scenario have changed, the money transferring services has been revolutionized with the emergence of various money transferring giants. They are committed to send money to the proper place in the scheduled time.

Some years ago the developed countries like USA, U K, Canada etc. have this facilities but nowadays transfer money to Iran, Syria, India, Pakistan, better to say the third world countries is not a big deal. There are some renowned companies which provide money transfer services and operates throughout the globe.

Money transferring to 13 countries mentioned in OFAC, book involves much more redtapism.  The countries included are Ivory Cost, Zimbabwe, Congo Republic, Iran and many others. Several books are there in the market which is designed by the champion economists suggest about transferring money or to have property in that country without violating the OFACs norm. There are several concerns which suggest way to send the remittances to those countries in the form of lottery or any lucky draw. Otherwise OFAC administration can freeze your accounts or fine as individual suspecting hawala trading. So the business person or others dealing with these 13 countries would go through various rules and regulations designed for individual countries to avoid harassment.

Choose specialized law firm for OFAC SDN list removal

Being listed in SDN list brings lots of worries and restrictions. And is a kind of shame and embarrassment for the listed individual. A Friend of mine got listed in SDN list and he was completely unaware of the reason behind, this actually raised his anxiety and the more serious cause of worry is the restrictions that he has to face. He was unable to access U.S. financial systems and his assets under U. S. jurisdiction and furthermore he was unable to engage on any sort of transaction with U.S. citizens. We were going through lots of confusions as where to file the petition and how to get removed from the list.

Then, finally we ended up at Ferrari Legal, an established and experienced law firm. They specialize in OFAC SDN list removal and presented us with all the procedure, rules and regulations that we have to follow to get back our liberty and freedom to transact back. They found out the past track records of our transactions and got every detail that helped them make our removal process easier, quick and strong. They were really supportive and assistive all throughout the process. In the very first meeting they mentioned us that it is quite a lengthy and time consuming process and you have to be patient and asked to present them with correct information every time. After almost months of ongoing process my friend actually got removed from the list and got all the access back to financial systems and can easily transact with US. citizens.

Why to Transfer Money to Iran is Complicated

It is since the year of 2005, Iran in the modern era has performed certain activities that led to disturbance of its terms with the United States of America. Iran labels it as the Iranian Revolution. It is not on good talking terms with Israel; the only nation Iran does not recognize among the members of the United Nations.

Iran’s Nuclear Program in 2005 became the source of dissatisfaction for the western countries. Due to maximum number of countries the United Nations Security Council is also not in favor of Iran.

The bone of contention lies in the doubt that Iran could misuse the nuclear technology for the fulfillment of some dangerous objectives. The objectives of harming the countries located in the west. Iran may use the nuclear power arranged for civil welfare to develop the weapons for attack.

This is the reason why the United Nations Security Council has imposed sanctions against the companies associated with the nuclear deal. This incident has spoiled Iran’s image in the international scenario after having poor relations with Israel.

It is assumed that if somebody wants to transfer money to Iran, any of the party could be related to the organization which is illegal and unethical and the money transfer may help them against many innocent people.

Thus in order to avoid any such possibility the council has made the money transfer To Iran that complicated.

When I came to know these facts I felt that neither any kind of partiality is taking place nor the western world is trying to establish its dominance.