British Banks Surrender to U.S. on Iran

British Banks Surrender to U.S. on Iran

Recently, a friend of mine purchased a small quantity of Iranian saffron from a Birmingham merchant for £30 over the internet. This transaction was legal according to British and international law. It did not contravene any United Nations resolution. He transferred the funds via PayPal, the international payments firm. The money was paid in pounds sterling. What happened next was outrageous. PayPal sent him a menacing email informing him that he was in breach of US law, and asked him to sign a form admitting that he had behaved illegally.

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