Saman Bank Corporation SWIFT/BIC code

SWIFT/BIC code of Saman Bank Corporation

SABCIRTH and SABCIRTHXXX are the short and the long form of the same SWIFT/BIC code, and both point to Saman Bank Corporation in Tehran. Banks worldwide use these codes to route payments between countries to the right bank. It comes up mostly for payments that cross a border.

On this page you can read how the code is put together, when it matters and what else a transfer to or from Saman Bank Corporation requires. The SWIFT code on its own cannot identify a personal account; that is what the IBAN or account number is for.

Verifying the SWIFT code of Saman Bank Corporation

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. Compare that code against SABCIRTH here; if they differ, ask before you pay.

A wrong SWIFT code may lead to delays, a payment being sent back or additional charges along the way. Remember the account number: an error there can be more difficult to undo than a wrong BIC.

Many banking apps check the format of IBANs and some suggest the matching BIC. If your bank offers it, a name check before sending adds extra certainty. For a first payment, some people send a small test amount before sending the rest.

Sending money abroad from Saman Bank Corporation

What you pay for a payment abroad is made up of several parts. You pay the transfer fee, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate if the currency changes.

That exchange rate margin is often the largest item. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialist money transfer services frequently use a rate near the mid-market rate and lower fees. Before your next transfer, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. You can still use your account at Saman Bank Corporation as the source of the money; only the conversion and sending happen elsewhere.

Where our SWIFT data comes from

Our SWIFT/BIC directory draws on publicly available sources and is updated regularly. It can happen that information here is out of date. Figures such as the number of codes are from our own dataset and are not confirmed by Saman Bank Corporation.

Before any payment that matters, confirm the code with the recipient’s bank or with the recipient. GoldexPay is a comparison site and not part of Saman Bank Corporation. Spotted an error? Tell us through the contact page so we can correct it.

Receiving money from abroad at Saman Bank Corporation

For a transfer from abroad at Saman Bank Corporation, the sender needs more than the SWIFT code. In practice that means: your full name exactly as it appears on the account, your IBAN or account number, the BIC SABCIRTHXXX and, often, your address.

Their bank may request the address of your bank, in which case the Tehran head office is the usual answer. A typo in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

What lands in your account can be lower than what was sent. Fees for incoming transfers differ per bank. Agree with the sender who pays which costs before the money is sent.

Saman Bank Corporation: head office code versus branch codes

Our database contains 120 SWIFT/BIC codes for Saman Bank Corporation. Besides the head office code SABCIRTHXXX, there are codes for branches, departments or specific services.

If nobody asks you for a branch code, go with SABCIRTHXXX or its short form SABCIRTH. If you have been given a branch code, stick to it instead of replacing it for the head office code.

The safest approach is to copy the code straight from the recipient’s bank details. Codes can change when banks reorganise.

Changed bank details? Be careful

Scammers often use payment requests with new bank details sent from what looks like a familiar address. The fact that SABCIRTH exists does not mean that a request mentioning it is genuine.

Check changed bank details through a different channel like a call to a number from an earlier contract. Pressure or requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. If a payment has already gone to the wrong account, call your bank right away.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference. A payment confirmation from the sender proves nothing – check your own account.

Why Saman Bank Corporation has an 8- and an 11-character code

A BIC is built from fixed blocks: characters one to four stand for the bank, the next two show the country and characters seven and eight mark the location. Together, these eight characters make up SABCIRTH, the code most people search for.

Many banks and apps accept either length. If yours asks for eleven characters, enter SABCIRTHXXX.

In practice the code is typed in capitals and without spaces. Look out for O versus 0 and the letter I and the digit 1; they are easy to mix up.

How long does an international transfer to Saman Bank Corporation take?

How quickly a transfer reaches Saman Bank Corporation is determined by several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in the sending or receiving country add extra days. Extra checks by one of the banks may also add some delay.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the money has arrived.

Only the sending bank can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt.