SWIFT/BIC code BEGNIRTHFER
BEGNIRTHFER belongs to Bank Eghtesad Novin in Tehran, Iran.
Code details
| SWIFT/BIC code | BEGNIRTHFER |
|---|---|
| 8-character code | BEGNIRTH |
| Branch code | FER |
| Bank | Bank Eghtesad Novin |
| Branch | Ferdosi |
| City | Tehran |
| Country | Iran |
The way the Bank Eghtesad Novin SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BEGN Bank code
- 4 letters that identify the bank.
- IR Country code
- 2 letters for the country (ISO 3166).
- TH Location code
- 2 characters for the city or region of the head office.
- FER Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which branch is behind SWIFT/BIC code BEGNIRTHFER?
The code BEGNIRTHFER belongs to Ferdosi, a branch or department of Bank Eghtesad Novin in Tehran, Iran. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I enter BEGNIRTHFER incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check BEGNIRTHFER with the recipient before you confirm.
How long does it take to send money to Bank Eghtesad Novin?
A SWIFT payment usually takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often faster and cheaper.
Can I use BEGNIRTH instead of BEGNIRTHFER?
BEGNIRTH points to the main office of Bank Eghtesad Novin, while BEGNIRTHFER is Ferdosi. Most international transfers work with the head office code, yet use BEGNIRTHFER if the recipient asks for it.
What is the cheapest way to send money to Bank Eghtesad Novin?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Iran with specialist providers before you send.
What do I need to send money to an account at Bank Eghtesad Novin?
Have ready the SWIFT/BIC code BEGNIRTHFER, the IBAN or local account number of the recipient, their full name and address. Iran is not part of SEPA, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.