Iran to Receive $6 Billion From Frozen Funds as Part of Prisoner Swap Deal With U.S.

Iran says $6 billion of frozen funds will be transferred to its accounts in Qatar on Monday as part of detainee swap deal.

Qatar has mediated the deal over months of negotiations and has aircraft on standby to fly 5 soon-to-be released U.S. citizens from Iran to Doha.

In return, U.S. will release 5 Iranians detained in the U.S. Two will stay in U.S. at their request, one will go to a third country.

Deal removes a major irritant between U.S. and Iran, though differences remain over nuclear ambitions, sanctions, and regional influence.

U.S. waived sanctions to allow transfer of Iran's $6 billion funds from South Korea to Qatar, which will monitor spending.