herald

Friday 15 December 2017

BoI restrictions in Cuba

Banking

US REGULATIONS are forcing Bank of Ireland to restrict services to Irish customers that are legally doing business with Cuba.

The bank said it is not processing international transactions to or from the Caribbean island. It comes as French bank BNP Paribas was hit with a $9bn (€6.5bn) fine by the US amid allegations it violated US sanctions involving Cuba, Iran and Sudan.

Promoted articles

Entertainment News