Parsian Bank SWIFT/BIC code

Parsian Bank SWIFT code: BKPAIRTH

BKPAIRTH and BKPAIRTHXXX are two ways of writing the same SWIFT/BIC code, and both lead to Parsian Bank in Tehran. Banks worldwide use BIC codes to direct payments between countries to the correct bank. In practice you mostly come across the code on invoices from abroad, in payment forms and in the bank details of Parsian Bank customers.

Further down we go through the practical side: receiving money at Parsian Bank, sending money abroad and how to check the code before you hit send. The BIC identifies an institution, never a specific account, which is why you always need the account number too.

International transfers from Parsian Bank: the real cost

When you transfer money abroad from Parsian Bank, the visible fee is rarely all of the cost. Besides the transfer fee, banks in between can deduct a fee, and when the money changes currency, the bank usually uses a rate below the actual market rate.

The markup on the rate is often the largest cost, and it is easy to miss. Compare their rate against the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a transfer service turns out to be cheaper than a bank – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives with different services, which makes the cheapest option easy to spot. Choosing a specialist does not require closing your account at Parsian Bank – you pay the provider from your own account.

Is BKPAIRTH still correct? How to check

Ask the recipient to send you their account details straight from their online banking. When the code you were given differs from BKPAIRTH or BKPAIRTHXXX, do not guess.

If the code is wrong, the payment may get stuck, be returned or cost extra – sometimes after weeks of searching. Do not forget the account number: a mistake there is harder to undo than a wrong BIC.

Many banking apps validate the structure of an IBAN. Some banks now check the name against the account – do not ignore a mismatch warning. Sending a small amount first is worth it for a large first payment.

A note on our data

The codes on this page come from publicly available data which we refresh regularly. It can happen that a code here is out of date after a merger or reorganisation. Figures such as the number of codes come from our directory and are not confirmed by Parsian Bank.

Use our data as a reference, rather than as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with Parsian Bank, we only compare transfer services. Found outdated information? Tell us via our contact form.

Receiving money from abroad at Parsian Bank

A sender in another country needs several details about your account – incomplete details often cause delays. Give them the account holder’s name, your account number or IBAN, the BIC BKPAIRTHXXX and your address.

Their bank may also ask for the bank address of Parsian Bank; the head office in Tehran is usually fine. Double-check each detail before you send them.

An incoming payment does not always arrive in full. Correspondent banks can take a fee, and when currencies differ, a markup on the rate comes on top. For business payments, you can state who bears the costs to avoid a shortfall.

BKPAIRTH or BKPAIRTHXXX – which one to use?

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and the two after that indicate the location. For Parsian Bank, the 8-character core is BKPAIRTH.

XXX at the end of BKPAIRTHXXX is not a missing value or an error: it indicates the head office of Parsian Bank. Some banking apps insist on 11 characters, in which case you simply add XXX after BKPAIRTH.

Leave out spaces, dots when you type BKPAIRTH or BKPAIRTHXXX. Pasting the code is safer than retyping it, because one wrong letter changes the bank.

Parsian Bank: head office code versus branch codes

Our directory lists 53 SWIFT/BIC codes for Parsian Bank in 14 cities. Besides the head office code BKPAIRTHXXX, there are codes for individual branches and departments.

For the vast majority of payments to a private or business account, the head office code BKPAIRTHXXX is what you need. Branch codes are only needed if the recipient’s bank explicitly mentions it.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are more prone to change than the head office code.

When will the money arrive at Parsian Bank?

How quickly a transfer reaches Parsian Bank is determined by a few things: which currency you send, the number of banks in between, cut-off times and differences in time zone. Bank holidays in the sending or receiving country add a day or more. Occasionally a bank asks about the purpose of a payment.

When a payment takes longer than expected, ask the sending bank about the status or the UETR so they can trace it along the chain. Specialist transfer services usually show tracking online so you can see where the payment has got.

A missing payment has to be traced from the sending side on the basis of the transfer details. Request from the sender a copy of the payment confirmation; that often settles the question quickly.

Scams that use SWIFT codes

Fraudsters often use payment requests with new bank details, sometimes in an email that looks completely genuine. A real SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Never rely on a phone number in the same message that contains the new account. Pressure or secrecy tend to be red flags; a genuine business can wait for you to check. Already paid? Contact the bank you paid from straight away and have them start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to send back the difference to another account. Wait until the money is actually in your account – ask Parsian Bank if something looks wrong.