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Stage Is Set for Differentiating Business and Personal Bank A/Cs
Compartmentalizing bank accounts into business and personal financial records has advantages for customers, an official with Central Bank of Iran said.
The regulator recently instructed banks to separate the accounts that business owners use for their business needs from regular accounts.
Abouzar Soroush, the CBI deputy for supervisory affairs, said the goal is to improve transparency in the economic and financial structure of the country, which also has merit for business owners.
financialtribune.com/node/115089
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