SWIFT/BIC code BEGNIRTHMAR
BEGNIRTHMAR belongs to Bank Eghtesad Novin in Tehran, Iran.
Code details
| SWIFT/BIC code | BEGNIRTHMAR |
|---|---|
| 8-character code | BEGNIRTH |
| Branch code | MAR |
| Bank | Bank Eghtesad Novin |
| Branch | Argentina Square |
| City | Tehran |
| Country | Iran |
The way the Bank Eghtesad Novin SWIFT/BIC is structured
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.
- MAR 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
What bank is behind BIC BEGNIRTHMAR?
The code BEGNIRTHMAR belongs to Argentina Square, part of Bank Eghtesad Novin in Tehran, Iran. Use this branch code only when the recipient or their bank explicitly asks for it.
What does each part of BEGNIRTHMAR stand for?
BEGN is the institution code of Bank Eghtesad Novin, IR is the ISO code of Iran, TH is the location code and MAR identifies the department Argentina Square.
What is the cheapest way to send money to Bank Eghtesad Novin in Iran?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Iran with transfer services before you send.
What happens if I use BEGNIRTHMAR incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check BEGNIRTHMAR against the details from Bank Eghtesad Novin before sending.
How long does a transfer to Bank Eghtesad Novin take?
An international SWIFT transfer typically takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker and cheaper.
What do I need for a transfer to an account at Bank Eghtesad Novin?
You need the SWIFT/BIC code BEGNIRTHMAR, the account number or IBAN of the recipient, their full name and address. Iran uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.