Code: 605492 A

High-level officials of Iran and Oman have welcomed the prospects of boosting banking cooperation during their latest meeting in TehranIran is ready to connect the bank card switches of the two countries and prepare the grounds for offering services to the tourists of both countries

A host of high-level officials of the Central Bank of Iran on Saturday met with a delegation from Oman led by its foreign minister to discuss ways of improving banking relations and linking the bank card switches of the two countries.

"Iran is ready to connect the bank card switches of the two countries and prepare the grounds for offering services to the tourists of both countries," Valiollah Seif, governor of the central regulatory entity, was quoted as saying by CBI's official website.

Sultan bin Salem Al Habsi, deputy chairman of the Board of Governors of the Central Bank of Oman, said during the meeting that paying attention to payment and settlements system in expanding banking relations is of utmost importance.

"A technical and expert team is currently evaluating the mechanisms of connecting the bank card switches of the two countries and we hope that its implementation will create a new atmosphere in this field," he said.

"The Central Bank of Oman welcomes bilateral cooperation with Iran and supports Oman's commercial banks in this regard."

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