Want to transfer money to Iran? Are you considering a bank wire to transfer the money to Iran? Before you visit your bank to organise it, make sure you check out the wire transfer fees. You might get a shock as to how much the charges will be and depending on the amount, it might be better to have a look at the alternatives to send the money by other means.
What makes it even worse is in addition to your financial institution charging a fee for sending the funds to a place in Iran, the individual receiving the funds will probably incur a fee from the bank at their end. One way to minimise the possibility of this charge is to remit the international wire transfer in their designated currency.
To initiate a wire transfer to Iran, you might need a SWIFT code. These are different codes for each financial institution and based on references including the bank and country.
Bank wire details for Iran
SWIFT Country Code
Central Bank Name
Bank Markazi Jomhouri Islami Iran