Instrument in Support of Trade Exchanges

INSTEX SAS
Company type	Société par actions simplifiée
Industry	Clearing house
Founded	31 January 2019
Headquarters	Paris, France
Key people	Per Fischer; (managing director); Sir Simon McDonald; (chairman of the supervisory board); Miguel Berger; (member of the supervisory board); Maurice Gourdault-Montagne; (member of the supervisory board)
Owner	France; Germany; United Kingdom;
Website	instex-europe.com

The Instrument in Support of Trade Exchanges (INSTEX) was a European special-purpose vehicle (SPV) established on 31 January 2019 and liquidated in March 2023. Its stated mission was to facilitate non-USD and non-SWIFT transactions with Iran to avoid breaking U.S. sanctions.

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