Following EU sanctions, SWIFT financial transaction co. cuts off ties with Iranian banks

news.yahoo.com...

BRUSSELS - The SWIFT financial transaction service says it's cutting ties with Iranian banks that are subject to European sanctions.
In a statement Thursday, SWIFT — the banking hub crucial to oil, financial transactions and other trade — said the EU decision "prohibits companies such as SWIFT to continue to provide specialized financial messaging services to EU-sanctioned banks," and the company was forced to act.

In response to the thread...Disturbance in the force...perhaps this is what you felt...the Destruction of millions of Iranian international financial transactions.

www.abovetopsecret.com...

Even though the Iranians lay their and act like it doesn't hurt...it is apparent that gradually Iran as it is will suddenly cease to exist if it does not fall in line and learn to follow instructions.

Has the BIS already suspended Iranian banks? or is that the next nail in the coffin?