Iranian-Americans attempting to send money to Iran for humanitarian purposes are still experiencing major difficulties despite US authorization and the creation of a special channel for some transactions under the interim accord on Iran's nuclear program.
When Mohammad Farivar, a gastroenterologist who teaches at Boston University and Harvard Medical School, tried to send slightly more than $100,000 to Iran this summer from his charity’s long-standing account at what is now Santander Bank, he found it not only impossible to complete the transaction, but was also notified shortly thereafter that his account would be summarily closed. The doctor shared his correspondence with the bank, and his frustrations, with Al-Monitor.
Farivar said he had collected the funds from Iranian-Americans in the Boston area on behalf of the Earthquake Relief Fund for Orphans, a charity he founded more than two decades ago, to build an addition to an orphanage in the Iranian city of Kashan. He deposited the money in the organization’s account at Santander, which took over Sovereign Bank, where the charity opened an account in 1990.
Farivar's nonprofit has aided earthquake victims in other countries, including Pakistan, and it sent money to Iran following the 2004 earthquake in Bam. Farivar said he decided to go forward with the Kashan project because a year ago, the Treasury Department’s Office of Foreign Assets Control (OFAC), which deals with sanctions, gave blanket approval for such activities.
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