Bank ATMs Offer Check Credibility Assessment – Financial Tribune


More than 41,000 automated teller machines across the country are now connected to the Central Bank of Iran’s Sayyad system that allows account holders to register checks and assess the credibility of issuers merely by scanning them. 
According to the CBI website, major banks have the largest network connections, such that the service could be used by bank customers throughout the country. 
According to Mehran Moharramian, CBI’s deputy for innovative technologies, ATMs owned by 20 banks are already connected with the Sayyad system. 


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