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Banks

Germany examining Iranian bid to withdraw large sum of cash

BERLIN (Reuters) - German authorities are examining an Iranian bid to withdraw large sums of cash from bank accounts in Germany, a German Finance Ministry spokeswoman said.

“This is being examined,” the spokeswoman told a regular news conference.

Earlier, Bild newspaper reported that German authorities are considering a request by Iran to withdraw 300 million euros ($352.98 million) from bank accounts held in Germany and transfer the cash to Iran.

Writing by Paul Carrel, editing by Thomas Escritt

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