Foreign Currency Saving

Who are authorized to open foreign currency saving interest – free account?

Any real person who has reached the minimum age of 15 years
Companies that have been legally registered (except municipalities and state-owned companies)
Foreigners who have blue card, issued by the Ministry of interior (Tourist and those who enter the country with three months temporary visa, are not allowed to open foreign currency account)

How much is the minimum amount to open the account?

At least 100 units of desired currency that based on that the account are opened. Withdrawals from this amount are only allowed just for closing the account.

Required documents for opening current accounts:

  •  Iranian real persons: Copy and original of birth certificate and national ID card. If you are opening a joint account for some real persons, then birth certificate and national ID card for everyone is needed.
  •  Iranian legal persons: Copy and original of identity and legal and registration documents including Article of association, incorporation, declaration of company registration, and copy and original of birth certificate and national ID card of managers and signatories of the company
  •  Foreign real persons: passport, valid residence permit in Iran, or long term card, refugee permission, identity card issued by the Police, documents to determine the location of residence and work.
  •  Foreign legal persons: Copy and original of identity and legal and registration documents including Article of association, incorporation, declaration of company registration, as well as copy and original of birth certificate and national ID card or passport of managers and signatories of the company for the companies and institutions and their active branches that have been officially registered in Iran.