Export Development Bank of Iran SWIFT/BIC code

Export Development Bank of Iran SWIFT code: EDBIIRTH

Whether you are given EDBIIRTH or EDBIIRTHXXX, it is the same address for Export Development Bank of Iran in Iran. A BIC has a single purpose: it ensures that a cross-border transfer reaches the right bank. It comes up mainly for payments that cross a border.

This page is meant to help people who receives money at an account at Export Development Bank of Iran and wants to get the details right. Keep in mind that the SWIFT code only identifies the bank, not the account: the IBAN or account number does that part.

Scams that use SWIFT codes

A common scam works like this: an email arrives with a request claiming that a supplier has new bank details and that the next payment should go there. A real SWIFT code says nothing about whether the request is genuine.

Verify changed payment details through a separate channel like a call to a number from an earlier contract. Urgency or secrecy tend to be red flags. Already paid? Call the bank you paid from straight away and ask them to start a recall.

Fraud also target the receiver: someone claims to have sent more than agreed and asks you to return the extra via a different route. Wait until the money is actually in your account – ask Export Development Bank of Iran if something looks wrong.

Verifying the SWIFT code of Export Development Bank of Iran

The safest source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Compare it against EDBIIRTH on this page; if they differ, ask before you pay.

With a wrong code, the payment might be delayed, bounce back or cost extra, and tracing it can take weeks. An error in the account number can be more serious, because the money may be credited to someone else.

An automatic check by your bank merely tells you that the code exists – not that it belongs to the person you mean to pay. Where available, a payee name check on the recipient gives extra certainty. For a first payment, many people start with a small amount first and wait for confirmation.

International transfers from Export Development Bank of Iran: the real cost

If you transfer money to another country via Export Development Bank of Iran, the visible fee is only part of the cost. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

Banks do not list the margin on the rate separately – you only notice it if you compare. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Money transfer services often use a rate near the mid-market rate. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets before you commit. Choosing a specialist does not require closing your account at Export Development Bank of Iran.

Receiving money from abroad at Export Development Bank of Iran

When you expect a payment from another country, send the payer a complete set of details. Share your name as the bank knows it, the IBAN or account number, SWIFT code EDBIIRTHXXX and your address, which some banks require.

Certain banks want the name and address of Export Development Bank of Iran in Tehran. A typo in your account number is more trouble than it looks; copy them from your banking app rather than typing.

An incoming payment will not always land in full. Fees for incoming transfers vary per bank; check the price list of Export Development Bank of Iran. Make clear with the sender who pays which costs before the money is sent.

About this information

This directory draws on public sources and is updated regularly. It can happen that information here is out of date. The figures we show are based on what is in our directory, not official figures from Export Development Bank of Iran.

Use this page as a reference, not as the last word: the recipient’s bank details come first. GoldexPay is an independent comparison service and not part of Export Development Bank of Iran. Found outdated information? Tell us through the contact page so we can correct it.

Which of the 46 codes of Export Development Bank of Iran do you need?

Export Development Bank of Iran has 46 different SWIFT/BIC codes across 36 cities. One of them is the head office code, EDBIIRTHXXX; the rest identify branches or departments, and sometimes internal departments.

In most cases there is no need to look up a branch: transfers addressed to EDBIIRTHXXX are routed within Export Development Bank of Iran correctly. A branch code only makes sense when the recipient’s bank specifically asks for it, which is more common for business accounts and specialised services.

Not sure which code applies? Ask the recipient. Branch codes are more prone to be retired than EDBIIRTHXXX.

8 or 11 characters: EDBIIRTH versus EDBIIRTHXXX

The structure of every SWIFT code never changes: a bank code of four letters, two for the country and a two-character location code, sometimes followed by a branch code. Together, those parts form EDBIIRTH.

Many payment forms accept either length. If a form requires eleven characters, enter EDBIIRTHXXX, otherwise EDBIIRTH is fine.

Do not add spaces when you type EDBIIRTH or EDBIIRTHXXX. Look out for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

When will the money arrive at Export Development Bank of Iran?

How quickly a payment reaches Export Development Bank of Iran is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Payments made after the cut-off time or on weekends and holidays usually go out a business day later. Sometimes a bank wants to know about the purpose of a payment.

Many banks are connected to SWIFT gpi. Each gpi transfer gets a unique reference, the UETR that banks can use to trace it. Money transfer services often show a status in their app so you can see how far the money is.

A delayed transfer has to be traced from the sending side. As a recipient, it helps to look at your statements for a slightly lower amount.