For years, Iranian Americans, Iranian nationals and other minority groups have been discriminated against by U.S. financial institutions who close or restrict their accounts with little to no warning....
By Jamal Abdi Iranian Americans who have had their bank accounts closed or who have been subjected to invasive and persistent questioning by their banks because of their Iranian heritage were dealt an...
San Diego, California – The Southern District Court of California issued a sweeping ruling in favor of Bank of America in the ground-breaking class action lawsuit that alleged the bank had discr...
The case, Nia v. Bank of America, could have a significant impact on efforts to safeguard civil rights and equitable financial access for Iranian Americans. NIAC, which has consulted the plaintiff’s...
On September 1st, 2023, NIAC President Jamal Abdi sent a letter addressed to JPMorgan Chase & Co CEO Jamie Dimon to flag a concern regarding a branch of Chase Bank reportedly refusing to open an a...
Sen. Elizabeth Warren (D-MA) and Rep. Ilhan Omar (D-MN) sent a letter signed by 22 lawmakers to the White House regarding the closure of American citizens' and permanent residents' bank accounts on th...
“In some cases, it is [based on] nothing, it’s basically their name, they’ve done everything correctly. They weren’t sent anything and their account was closed,” says Mehrnoush Yazda...
For years, Iranian Americans, Iranian nationals and other minority groups have been discriminated against by U.S. financial institutions. Several regulations, including sweeping U.S sanctions against ...
The pervasive effect of sanctions is evident in everyday life for Iranian Americans. Stories of account freezes and bank account closures for Iranian Americans have proven all too common. One of the f...
We write to outline our concern that Venmo and its parent company Paypal, Inc. have engaged in actions toward account holders with Iranian heritage that many in our community perceive as discriminatio...
I am writing on behalf of the National Iranian American Council (“NIAC”), the largest grassroots organization in the United States representing the interests of Iranian Americans, regarding Ba...
The bank’s actions have stunned and alarmed customers of Iranian descent, according to Jamal Abdi, executive director of NIAC Action. “To be honest, it feels like a personal attack on all of ...