Reyl Bank

"Reyl Bank has announced that it is opening bank accounts for Iranian individuals and companies through its branches in Geneva and Dubai, allowing account holders to transfer money, said Sharif Nezam Mafi, head of Iran-Switzerland Chamber of Commerce on Tuesday. “Reyl is not a large bank, but the move is a starting point for further cooperation between Iran and Switzerland,” he was quoted as saying by Tehran Chamber of Commerce, Industries and Mining’s website." (Financial Tribune,  "Switzerland's Reyl Bank Open for Iranians," 10/5/2016).