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3rd party transfers: Pashtany Bank dollar account closed

· 4 min read · 502 views

KABUL (Pajhwok): The Pashtany Bank’s dollar account has been closed by its only correspondent financial institution due to money transfers abroad from three private banks by customers, Pajhwok Afghan News has learnt on good authority.

Documents obtained from a credible source reveal the Pashtany Bank account in the Bank of Tokyo-Mitsubishi UFJ (BTMU), its only correspondent institution, has been shut after huge transfers abroad from other private lenders (third parties) in Afghanistan.

In late 2016, when . . .

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