This is 99% BS.
I'm not at all an expert on banking, but having spent time with OFAC and other sanctions-related stuff over the past month I can say:
No bank in their right mind would touch such a deal without a clear waiver by the USA (which has to be published beforehand). There would be no clear way to just transfer billions from the UAE towards Iran, at least not through the banking system.
We're not talking about some money laundering scheme as it has happened before, we're talking about the transfer of allegedly $3 billion at once. You can't use the normal IRGC money laundering channels for that, it must have been an official transaction from bank to bank. Iran isn't part of the SWIFT network, so the only option would be cash. Transferring 3 billion in cash or even gold is an enourmous logistical endavour. The first challenge would be to even aquire that much cash (from the UAE central bank I guess), then you'd have to ship it. You'd need a bigass cargo plane (777) or multiple smaller shipments with smaller planes (737). The math ain't mathing. Waiting for official confirmation, but I guess this is just a psyop
"Two regional sources told Reuters the UAE had agreed to release a total of $10 billion, more than $3 billion of which had already been delivered.
"Two other sources with knowledge of the arrangement put the total funds involved at $20 billion, adding that the move had been agreed in return for a halt to Iranian attacks on the UAE. One of the sources with knowledge of the arrangement also said a first tranche of $3 billion had already been made available."
reuters.com/world/middle-eas…