Bank Polski

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In January 2017, the Reserve Bank of India (“RBI”), based on information obtained from the Indian Embassy in Tehran, named PKO Bank Polski (“Bank Polski”) as one of a number of international banks with correspondent banking relationships with Iranian banks.  (RBI Website, “FAQs [Names of International banks which have entered into a correspondent banking relationship with Iranian banks],” 1/19/2017). (https://www.rbi.org.in/commonman/english/Scripts/FAQs.aspx?Id=2077)

According to Bank Polski’s website “he Bank is working with correspondent banks in every major region of the world, and was also the first Polish bank ready to settle with Iran after the abolition of some of the sanctions imposed on the country. Recently, PKO Bank Polski has strengthened its potential for mutual settlements in the Gulf Region.” (http://media.pkobp.pl/press-office/press-releases/about-bank/the-corporate-branch-of-pko-bank-polski-is-beginning-its-operations-in-the-czech-republic/)

"PKO Bank of Poland is the first Polish bank technically ready to make financial settlements with Iranian banks. The PKO offer for exporters conducting trade with Iran allows them to significantly reduce the risk of their business. The Bank has consistently implemented a strategy of supporting Polish companies that are expanding their foreign expansion."  (February 14, 2019). (http://polishshelfcompanymarket.com/pko-bank-polski-supports-polish-business-iran/)