VTB was the first to initiate transfers in Iranian rials using bank information

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VTB initiated transfers in Iranian rials using bank information. The bank was the first to offer such a service to Russians. Messages credit organization.

“Transfers can be sent to both individuals and legal entities,” the bank said.

Money can be transferred through VTB Internet Bank. First of all, you need to open a current account in rials. You can transfer a maximum of 20 million rubles per month, but not more than 1 million dollars. The bank charges a commission for the transfer – 1% of the transaction amount, a minimum of 15 thousand riyals, a maximum of 200 thousand Iranian rials.

As before knowledgeable socialbites.ca, Moscow and Tehran previously agreed on mutual payments in national currencies – rubles and riyals. Vladimir Obydenov, Chairman of the Russian-Iranian Business Council of the Chamber of Commerce and Industry of the Russian Federation, told socialbites.ca. The agreement was reached during the Russia-Iran Forum for the Advancement of Economic Cooperation in the New Global Reality on the site of the Chamber of Commerce and Industry.

“Russian and Iranian banks – Mirbusinessbank (a subsidiary of Iran’s largest retail bank Bank Melli Iran) and Russian Financial Corporation (RFC-Bank) – have agreed on mutual settlement in rubles and Iranian rials,” Obydenov said. aforementioned.

According to him, this agreement is sufficient for placements in this format.

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