Sina Bank SWIFT/BIC code

Sina Bank SWIFT code: SINAIRTH

The 8-character code SINAIRTH and the 11-character code SINAIRTHXXX refer to one and the same institution: Sina Bank, with its head office in Tehran. Banks worldwide use these codes to direct payments between countries to the right bank. In practice you usually come across it on international invoices, in your banking app and on the account details that Sina Bank provides.

On this page you will find what the code means, when it matters and what else you need for a transfer to or from Sina Bank. The BIC names a bank or branch, never a single account; the IBAN or account number does that.

Scams that use SWIFT codes

One of the most common tricks goes like this: an email arrives with a message claiming that a company has a new bank account. That SINAIRTH is a real code is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Never trust contact details from the same email that announces the change. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. When money was sent to the wrong account, contact your bank immediately.

Recipients are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. Wait until the money is actually in your account – ask Sina Bank if something looks wrong.

Sending money abroad from Sina Bank

A bank transfer abroad costs rather more than the fee suggests. Besides a fixed fee, banks in between can take a cut, and when currencies are converted the bank usually uses a rate below the real market rate.

The real cost is often in the rate, rather than in the fee: many banks convert at a rate that includes a margin. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Specialised transfer providers often offer a rate near the mid-market rate and lower fees. GoldexPay lists transfer providers side by side, showing the amount the recipient gets. You can still keep your account at Sina Bank to fund the transfer, while a cheaper service handles the conversion.

Verifying the SWIFT code of Sina Bank

Have the recipient copy their bank details directly from a recent statement. When the code you were given does not match SINAIRTH or SINAIRTHXXX, stop and ask: check with the recipient or with Sina Bank directly.

Mistakes in the SWIFT code tend to be annoying more than fatal. Do not forget the account number: a mistake there can be harder to undo than a wrong code.

Most online banking apps validate the structure of an IBAN and some suggest the matching BIC, but that does not prove the account belongs to the right person. Where available, a payee name check before sending adds extra certainty. Sending a small amount first can be a sensible step for large sums, even if it costs an extra fee.

What to give a sender who pays you at Sina Bank

If you are waiting for money from abroad, give the sender a complete set of details. Share your name as the bank knows it, your account number or IBAN, SWIFT code SINAIRTHXXX and your address.

It helps to add the bank name and its city as well. A mistake in your account number is harder to fix than you might think, so copy the details from your online banking.

An incoming payment does not always arrive for the full amount. Correspondent banks can take a fee, Sina Bank may charge for incoming payments, and when currencies differ, an exchange rate margin comes on top. On invoices, it is common to agree who bears the costs.

8 or 11 characters: SINAIRTH versus SINAIRTHXXX

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. The result is SINAIRTH for Sina Bank.

XXX at the end of SINAIRTHXXX does not stand for a placeholder or a mistake: it indicates the head office of Sina Bank. Some banking apps insist on 11 characters, and then you simply enter XXX after SINAIRTH.

In practice the code is written in capitals, without spaces or dashes. Pasting the code beats retyping it.

Head office or branch code at Sina Bank?

Having 2 codes in 2 cities, Sina Bank is one of the banks that register separate codes for branches. The main code remains SINAIRTHXXX.

For most incoming transfers, the head office code SINAIRTHXXX works fine. Only use a branch code when the account holder explicitly asks for it, for example on an invoice or in their bank details.

When in doubt, check with the recipient which code their bank gave them. Codes can change over time, so a code from an old document is not always valid.

Where our SWIFT data comes from

The directory on GoldexPay is compiled from publicly available sources. Even so, banks merge, rename themselves or change codes, so information can be out of date. Figures such as the number of codes are from our own dataset and may differ from what Sina Bank publishes.

Treat the information here as a helpful check, and let the details from the recipient or Sina Bank have the final say. GoldexPay has no connection to Sina Bank, we only compare transfer services. Should you notice a mistake, we welcome a message.

When will the money arrive at Sina Bank?

There is no fixed delivery time for international payments: many land within a day, others take several business days. Payments made after the cut-off time or just before weekends and holidays usually start a business day later. Extra checks by one of the banks may also add a delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Every gpi transfer gets a unique reference, the UETR. Specialist transfer services usually show a status in their app so you can see how far the payment has got.

If the money does not arrive within the expected time, the sender needs to contact their own bank rather than Sina Bank. Request from the sender a copy of the payment confirmation with the date and reference; that often settles the question quickly.