Money Transfer & Remittances

Money Transfer & Remittances


The Bank Melli Iran stands as an original member with a vote to the Society for worldwide Inter-bank Financial Telecommunication (SWIFT) , It has among the other Iranian banks, the most preferential shares and right to vote in the said network. It's membership in swift is considered a drastic step in E-banking in the national banking network. More specially, SWIFT is used in " Exchange Transfer " sector in FE branches throughout the country in order to give speed to the administration of affairs and saving time and energy of customers.

Export of foreign exchange transfers is carried out based on the confines of correspondent relations of BMI.

Export of foreign exchange transfers can be carried out from the imported foreign exchange transfer credit.

Receipt of varieties of abroad foreign exchange transfers  services that are provided in this sector are:

settling of foreign exchange transfers funds to the foreign currency accounts.

If applied by the applicants , the foreign currency accounts funds and imported foreign exchange transfers can be exchanged into rials at perdiem rate.

Paying banknotes from imported foreign exchange transfer credits to the beneficiary within limited of bank's possibilities.

S.W.I.F.T. scrl

In 1973, banks still communicated via telex — not very secure, minimum standards and not automated either. So, 239 banks from 15 countries formed a cooperative to "automate the telex". They called it S.W.I.F.T.                                     
    Society for           

How to identify a user

To identify financial institution, involved in financial transactions, the Bank Identifier Code (BIC) is used.
The BIC is a structured address which facilitates automated processing of telecommunication messages in banking and related environment.

Head Office
Also Known As: Overseas Invt. & Netw. Expansion Dept.
Address: # 190 Bldg. Mirdamad Blvd. Tehran-Iran
Zip Code: 1549634811
Phone: +98 21 23583107, +98 21 23583304, +98 21 23583305,  +98 21 23583306
Fax: +98 21 26403760, +98 21 26403765

The BIC information of offices & branches & affiliates