Iranian-Canadians puzzled by bank account closures

Published July 12, 2012 10:25pm ET



TORONTO (AP) — The vice president of an Iranian-Canadian advocacy group said Thursday that a Canadian bank has been closing a number of accounts belonging to members of the community with little or no explanation.

Kaveh Shahrooz said TD Bank notified some account holders that the closures were in response to Canadian sanctions against Iran, but others received no explanation. He said the closures have been taking place for the past few months.

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