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Asian Clearing Union : ウィキペディア英語版 | Asian Clearing Union
The Asian Clearing Union (ACU), with headquarters in Tehran, Iran, was established on December 9, 1974 at the initiative of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The primary objective of ACU, at the time of its establishment, was to secure regional co-operation as regards the settlement of monetary transactions among the members of the Union and to provide a system for clearing payments among the member countries on a multilateral basis. In October 2013, Iran unveiled a plan suggesting that members of the union –Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, Pakistan, Sri Lanka and Iran- employ a home-grown system developed by the Central Bank of Iran to get around SWIFT called ''SEPAM'' in Farsi.〔http://leaprate.com/2014/06/22683/iran-excludes-us-dollar-from-forex-reserves-what-is-the-impact/〕 ==Members== Currently (2009), the members of ACU are the central banks of Bangladesh, Bhutan, Iran, India, Maldives, Nepal, Pakistan, Sri Lanka, and Myanmar. The central banking authority of member countries has issued detailed instructions and modalities for channeling the monetary transactions through the ACU. Membership in the ACU is open to central banks located in the geographical area of ESCAP.
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