Bank Tejarat SWIFT/BIC code

SWIFT/BIC code of Bank Tejarat

BTEJIRTH and BTEJIRTHXXX are two ways of writing the same bank identifier, and both lead to Bank Tejarat in Tehran. A BIC does one job: it makes sure that a cross-border transfer reaches the right bank. You will need it mainly for transfers between countries and payments in foreign currencies.

On this page we explain what the code means, when it matters and which other details a transfer to or from Bank Tejarat requires. The BIC identifies a bank or branch, never a specific account.

8 or 11 characters: BTEJIRTH versus BTEJIRTHXXX

A BIC is built from fixed blocks: characters one to four stand for the bank, the next two give the country and the two after that mark the location. That gives you BTEJIRTH.

XXX at the end of BTEJIRTHXXX does not stand for a missing value or an error: it indicates the main office of Bank Tejarat. Some banking apps ask for 11 characters, in which case you can add XXX after BTEJIRTH.

As a rule the code is typed in capitals and without spaces. Copying the code beats typing it by hand.

When will the money arrive at Bank Tejarat?

How quickly a transfer reaches Bank Tejarat depends on several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made late in the day or on a weekend or public holiday often start the next business day. Occasionally a bank wants to know about the purpose of a payment.

When a payment takes longer than expected, contact the sending bank for the tracking status so they can trace it along the chain. Save the payment confirmation.

A missing payment has to be traced by the sending bank. As a recipient, you can look at your statements for a slightly lower amount.

Receiving money from abroad at Bank Tejarat

For a transfer from abroad into your account at Bank Tejarat, the person paying you needs more than the BIC. The basics are: your name, account number or IBAN, BTEJIRTHXXX or BTEJIRTH and, for some countries, your home address.

It helps to include Bank Tejarat and its city too, since some forms ask for it. A typo in your account number is more trouble than you might think.

What lands in your account can be lower than what was sent. Intermediary banks may deduct a fee, and if the currency changes, a markup on the rate applies. For business payments, it is common to state who bears the costs to avoid a shortfall.

Changed bank details? Be careful

Scammers regularly use fake invoices containing new bank details, sometimes in an email that looks completely genuine. A correct SWIFT code says nothing about who owns the account.

Before paying, confirm changed bank details by phone, using a number you already had. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. Acted too fast? Call the bank you paid from straight away and have them start a recall; also report it to the police.

Fraud also work the other way: someone claims to have sent too much and asks you to return the difference via a different route. A screenshot of a transfer proves nothing – check your own account.

Before you send: check the Bank Tejarat code

The best place to find the right code remains a document from the bank itself. Compare that code with BTEJIRTH here.

Mistakes in the BIC tend to be annoying rather than fatal: often the payment comes back, minus fees. A mistake in the account number is more serious.

A validity check by your bank merely confirms that the code is valid – not that it belongs to the person you mean to pay. More and more banks compare the payee name against the account; take any warning seriously. When you pay someone new, many people start with a small amount first before sending the rest.

A note on our data

The codes on this page come from public sources that we update regularly. Banks merge, change names and change codes, and a directory never catches every change immediately. Counts and locations come from our own dataset and may differ from what Bank Tejarat publishes.

See the information on this page as a helpful check and rely on the recipient or Bank Tejarat for the final confirmation. GoldexPay has no connection to Bank Tejarat, we only compare transfer services. If you notice something that is out of date, we welcome a message via the contact page.

Which of the 42 codes of Bank Tejarat do you need?

Bank Tejarat has 42 separate SWIFT/BIC codes across 27 cities. Only one is the head office code, BTEJIRTHXXX; the rest identify branches, and sometimes specific services.

Unless the recipient tells you otherwise, use BTEJIRTHXXX or its short form BTEJIRTH. When you receive a branch code, stick to it instead of swapping it with the head office code.

Unsure which code applies? Check with the recipient, or look at a recent statement from Bank Tejarat. Branch codes can change when banks reorganise, so do not rely on old paperwork.

International transfers from Bank Tejarat: the real cost

A bank transfer abroad can cost rather more than the fee suggests. There is the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

The real cost is often in the rate: the bank converts using an exchange rate that includes a margin. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Money transfer services often use rates closer to the mid-market rate. On GoldexPay you can compare the amount that arrives with different providers. You can always use your account at Bank Tejarat as the source of the money; only the conversion and sending happen elsewhere.