US Warns Foreign Banks of Sanctions Over Iran Deals
Published On 06 Oct, 2026
9 News HD: The United States has warned foreign banks and financial institutions that they could face sanctions if they continue doing business with Iran or its financial sector.
The US Treasury Department said foreign financial institutions dealing with sanctioned Iranian banks could be targeted without advance notice. It has also urged these institutions to stop such activities and relationships to avoid possible action from Washington.
The warning is part of a wider US effort to put more pressure on Iran and limit its access to the global financial system. Washington has been taking steps against financial networks that it says help Iran avoid existing sanctions.
According to the US Treasury, foreign banks could face action for providing financial services to Iranian banks, their branches or related entities in other countries. Some restrictions could also affect their access to US correspondent or payable-through accounts.
The latest warning increases pressure on banks that still have financial ties with Iran. Foreign institutions may now need to review their Iran-related transactions more carefully to avoid possible US sanctions.
The move shows that Washington is continuing its campaign to restrict Iran’s financial activities. It also sends a clear warning to international banks that doing business with sanctioned Iranian institutions could put their access to the US financial system at risk.
