SWIFT/BIC code BEGNIRTHMFT
BEGNIRTHMFT belongs to Bank Eghtesad Novin in Tehran, Iran.
Code details
| SWIFT/BIC code | BEGNIRTHMFT |
|---|---|
| 8-character code | BEGNIRTH |
| Branch code | MFT |
| Bank | Bank Eghtesad Novin |
| Branch | Mofatteh Branch |
| 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.
- MFT 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 uses SWIFT/BIC code BEGNIRTHMFT?
BEGNIRTHMFT is the SWIFT/BIC code of Mofatteh Branch, a unit of Bank Eghtesad Novin in Tehran, Iran. Use this branch code only when the account is held at this specific branch.
What do I need to send money to an account at Bank Eghtesad Novin?
Have ready the SWIFT/BIC code BEGNIRTHMFT, the IBAN or local account number of the recipientand the name of the account holder. Iran uses international SWIFT transfers, so the BIC is required.
Can I use BEGNIRTH instead of BEGNIRTHMFT?
BEGNIRTH is the head office of Bank Eghtesad Novin, while BEGNIRTHMFT is Mofatteh Branch. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BEGNIRTHMFT.
How long does a transfer to Bank Eghtesad Novin take in Iran?
A SWIFT payment usually takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often faster than a bank.
What does each part of BEGNIRTHMFT mean?
BEGN is the institution code of Bank Eghtesad Novin, IR stands for Iran, TH is the location code and MFT is the code of the branch Mofatteh Branch.
Has Bank Eghtesad Novin got more SWIFT/BIC codes?
Yes, we list 19 SWIFT/BIC codes for Bank Eghtesad Novin in Iran, for the head office and several branches or departments. You can see them all on the bank page.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.