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  • Bank services : Banking services Currency exchange services Opening a variety of currency accounts Currently, three types of currency accounts are opened on the basis of clients' requests through branches of the bank: - current exchange rate currencies (at least $ 5,000) or equivalent for the currencies of the euro, the British pound and the UAE - Foreign currency savings account (at least $ 100) or its equivalent in currencies of the euro, British pound and UAE - A fixed-term deposit account with a minimum profit for each currency of the US dollar, the euro and the British pound of 1,000 units and the UAE's UAE hurricane is also 5,000. Customers can open long-term currency deposits for one month, three months, six months, nine months and one year. Allocation of profits The term deposit currencies will be agreed upon between the customer and the bank on the day the deposit proceeds are received, which is calculated on a timely basis and based on the opening day of the account and can be paid or added to the original deposit will be. No interest will be earned on the current account balance of the currencies, foreign exchange savings and currency deposits in case of cancellation of the deposit before maturity. Selling travel currency Another foreign exchange service of the Bank of Economics is selling foreign currency to travelers abroad. Overseas travelers can pay up to $ 2,000 (or equivalent in other currencies) by visiting any of the bank's foreign exchange offices. If the name of the person or other persons is mentioned in the passenger passport as a companion, the amount of $ 2,000 for each of the accompanying persons listed in the passport is available for purchase on each trip. For travelers wishing to buy euros, a maximum purchase price of 2000 Euro per traveler for a passport holder, and for each traveler, is $ 2000 (EUR) at the exchange rate equivalent of the day. When referring to branches of the Bank of Economics for the purpose of buying a travel currency, it is necessary to provide the following documents to the branch by the buyer of the currency: - Valid passport of the Islamic Republic of Iran - Travel of land, sea, air to the destination country - The traveler's written declaration that the traveler's currency will be provided only by the branch. - The cost of selling travel currency in branches of the Bank of Economics is equal to two thousand dollars of purchased currency (in Rials) and at least one dollar or its equivalent in Rials. Buy and Sell Currency with Customers All branches of the Bank of Economics are authorized to purchase foreign currency (foreign currency) up to a maximum of $ 5,000 or equivalent from customers and customers of the bank. The Bank of Economists currently only buys currencies of US dollars, the euro, the British pound and UAE Dirham. If the account holder has a currency account with the bank and sells its currency from the currency account and converts it to Rial, there is no limitation on buying the currency. Buying a customer's currency from a currency exchange facility, a customer's currency account of a bank without pay, and a commission fee for the purchase of a banknote (receipt of a banknote and its equivalent Rials) and a maximum of $ 50 or its equivalent. Bank customers should note that the receipt of foreign banknotes in order to open foreign currency accounts or deposits with their accounts is allowed up to a maximum of $ 5,000 without the submission of an exchange statement. To receive and deposit more than $ 5,000 of bank branches, I am required to receive a customer application for a foreign exchange application. In three cases, payment is made to customers through a bank: - The payment of the currency to the holder of the currency account in a situation where the depositor has paid the currency in the form of a bank transfer in cash. In this case, the payroll will not be paid in cash. - If the account holder does not present foreign currency at the time of deposit with foreign currency accounts, cash payments in foreign currency shall be made from the place of inventory of foreign currency accounts and transfers made to the account holder and third parties to the extent of the bank's maximum and up to the amount Ten thousand dollars or equivalent for the UAE, British Pound and UAE Dirham, with the remittance of two thousand Rials, with a foreign currency exchange rate of at least $ 3 or equivalent. - cash payment in foreign currency using the inventory balance of foreign exchange accounts and transfers to third parties with a reflection on the passport in order to leave the country or transfer it, by obtaining a two thousand Rial equivalent, with a foreign exchange rate of at least $ 3 Rial equivalent is allowed. Foreign currency transfers (issued and issued) The branches of the Bank of Economics are prepared to issue bank transfer orders in the country and abroad in accordance with the relevant rules. The issuance of a foreign exchange order is at the disposal of foreign banknotes received from the applicant, up to a maximum of $ 5,000 or equivalent in euros. The issuance of the transfer will be allowed more than the amount indicated by the submission of the exchange application and up to the limit stated in the declaration. • According to the directive of the Central Bank of the Islamic Republic of Iran, the issuance of foreign exchange orders is not hindered by the transfer of funds from or to the beneficiaries abroad. BEGNIRTHXXX Swift Bank Address: SWIFT Code Foreign Currency Documentation (Import & Export) In order to expand its foreign exchange activities, the Bank of Economics has expanded the opening of the credit of foreign exchange. This type of documentary credit is open to the Central Bank of the Islamic Republic of Iran visually (cash) and time-consuming. Documentary drafts In order to provide foreign exchange services, the Bank of Economics, in accordance with the rules and regulations of the Central Bank of the Islamic Republic of Iran, will register the order for non-b
  • Address : Tehran - between Valiasr Street and Africa - Esfandiar Blvd - No. 24
  • About us : Established in 2001 following authorization from the Central Bank of the Islamic Republic of Iran (CBI), EN Bank (Bank Eghtesad Novin) is the Islamic Republic of Iran’s first private bank. A group of industrial, construction and investment companies launched the bank, with the aim of providing flexible financial services to the Iranian private sector.Since our launch, we have grown ...
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  • About us :

    Established in 2001 following authorization from the Central Bank of the Islamic Republic of Iran (CBI), EN Bank (Bank Eghtesad Novin) is the Islamic Republic of Iran’s first private bank. A group of industrial, construction and investment companies launched the bank, with the aim of providing flexible financial services to the Iranian private sector.
    Since our launch, we have grown to offer a complete portfolio of retail and commercial banking solutions. Today, we serve private customers, small to medium-sized businesses and large corporations, thanks to our extensive national branch network.

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