--- title: "Iran: financial institutions, SWIFT/BIC codes and licences | Elucidate" description: "29 institutions in Iran (as at 23 September 2026): 29 hold a SWIFT/BIC code and 0 do not. Country sanctions: comprehensive embargo." url: https://elucidate.co/directory/country/ir --- 1. [Directory](https://elucidate.co/directory) 2. [Countries](https://elucidate.co/directory/country) 3. Iran Country · Middle East & North Africa # Iran Check who the institutions in Iran are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers Iran, so every institution listed here holds a BIC. Country sanctions Comprehensive embargo OFAC · Comprehensive embargo Iranian Financial Sanctions Regulations · Iran sectors (EO 13902) · +10 more EU · Broad financial-sector sanctions Iran [Programmes and listed institutions ↓](https://elucidate.co/directory/country/ir#sanctions) 29 Institutions Active · inactive not published 29 Hold a BIC 100% of institutions — On a tracked register Not covered by a tracked register 5 LEI mapped 17% of institutions Embargo Country sanctions Comprehensive embargo ### Iran at a glance Every row is the same 29 institutions, split by one attribute Type - Financial institution 28 · 97% - Credit institution 1 · 3.4% Identification - [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=IR) 29 · 100% Regulation level - [Prudential licence](https://elucidate.co/directory/search?reg=prudential&cc=IR) 1 · 3.4% - [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=IR) 28 · 97% LEI - LEI mapped 5 · 17% - No LEI mapped 24 · 83% View as table | Attribute | Institutions | Share | | --- | --- | --- | | Type | | Financial institution | 28 | 97% | | Credit institution | 1 | 3.4% | | Identification | | BIC only | 29 | 100% | | Regulation level | | Prudential licence | 1 | 3.4% | | Not on a tracked register | 28 | 97% | | LEI | | LEI mapped | 5 | 17% | | No LEI mapped | 24 | 83% | An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. BIC data as at 23 September 2026 [Institutions](https://elucidate.co/directory/country/ir#institutions) [Sanctions](https://elucidate.co/directory/country/ir#sanctions) [Regulation](https://elucidate.co/directory/country/ir#registers) [Groups](https://elucidate.co/directory/country/ir#groups) [Payments](https://elucidate.co/directory/country/ir#payments) [BIC codes](https://elucidate.co/directory/country/ir#bics) ## Institutions in Iran The first 25 of 29 institutions in Iran, with or without a BIC: prudentially supervised and larger institutions first. - [Europaeisch-Iranische Handelsbank AG BIC EIHBIRT1 Credit institution Prudential licence OFAC SDN · Country under embargo · Iran · On the ECB list of supervised entities · LEI 39120020BBOSP6DZUC29](https://elucidate.co/directory/europaeisch-iranische-handelsbank-ag-eihbirt1) - [Bank Melli Iran BIC MELIIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 549300DK3GGPVDIPPV39](https://elucidate.co/directory/bank-melli-iran-meliirt1) - [Saman Bank BIC SABCIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 5493004165TIYDN15T27](https://elucidate.co/directory/saman-bank-sabcirth) - [Bank Mellat BIC BKMTIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-mellat-bkmtirt1) - [Bank Refah Kargaran BIC REFAIRTH Financial institution Not on a tracked register OFAC SDN · EU list · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-refah-kargaran-refairth) - [Parsian Bank BIC BKPAIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/parsian-bank-bkpairt1) - [Eghtesad Novin Bank BIC BEGNIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/eghtesad-novin-bank-begnirth) - [Bank of Industry and Mine BIC BOIMIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-of-industry-and-mine-boimirt1) - [Bank Sepah BIC SEPBIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 5493008Z30ZS378SB107](https://elucidate.co/directory/bank-sepah-sepbirt1) - [Export Development Bank of Iran BIC EDBIIRT1 Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/export-development-bank-of-iran-edbiirt1) - [Bank Maskan BIC BKMNIRTH Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-maskan-bkmnirth) - [Bank Keshavarzi BIC KESHIRTH Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-keshavarzi-keshirth) - [Bank Tejarat BIC BTEJIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 5493007MJ3BLX55XSZ63](https://elucidate.co/directory/bank-tejarat-btejirt1) - [Bank Shahr CO. (Public Company) BIC CIYBIRTH Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-shahr-co-public-company-ciybirth) - [Sarmaye Bank (P.J.S.C) BIC SRMBIRTH Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/sarmaye-bank-p-j-s-c-srmbirth) - [Post Bank of Iran BIC PBIRIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/post-bank-of-iran-pbirirt1) - [Karafarin Bank BIC KBIDIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/karafarin-bank-kbidirth) - [Bank Pasargad BIC BKBPIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-pasargad-bkbpirth) - [Bank Markazi Jomhouri Islami Iran (Central Bank of Iran) BIC BMJIIRT1 Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-markazi-jomhouri-islami-iran-central-bank-of-iran-bmjiirt1) - [Credit Institute For Development BIC BTOSIRTH Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/credit-institute-for-development-btosirth) - [Sina Bank BIC SINAIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/sina-bank-sinairt1) - [Ayandeh Bank BIC AYBKIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/ayandeh-bank-aybkirt1) - [Bank Day BIC DAYBIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-day-daybirt1) - [Helal Iran Medical Devices CO. BIC HIMDIRT1 Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/helal-iran-medical-devices-co-himdirt1) - [Iran Venezuela Bi-National Bank BIC IVBBIRT1 Financial institution Not on a tracked register Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/iran-venezuela-bi-national-bank-ivbbirt1) [See all 29 institutions in Iran →](https://elucidate.co/directory/search?cc=IR) ## Sanctions The OFAC or EU lists cite 17 institutions in Iran by BIC or LEI, as at 23 September 2026. Listings are matched on the BIC and its LEI, so they cover the 29 institutions here that hold a BIC. Country programmes name Iran; Elucidate grades them as comprehensive embargo. ### Listed institutions Institutions whose BIC or LEI an OFAC or EU listing cites - [Europaeisch-Iranische Handelsbank AG BIC EIHBIRT1 Credit institution Prudential licence OFAC SDN · Country under embargo · Iran · On the ECB list of supervised entities · LEI 39120020BBOSP6DZUC29](https://elucidate.co/directory/europaeisch-iranische-handelsbank-ag-eihbirt1#sanctions) - [Bank Melli Iran BIC MELIIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 549300DK3GGPVDIPPV39](https://elucidate.co/directory/bank-melli-iran-meliirt1#sanctions) - [Saman Bank BIC SABCIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 5493004165TIYDN15T27](https://elucidate.co/directory/saman-bank-sabcirth#sanctions) - [Bank Mellat BIC BKMTIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-mellat-bkmtirt1#sanctions) - [Bank Refah Kargaran BIC REFAIRTH Financial institution Not on a tracked register OFAC SDN · EU list · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-refah-kargaran-refairth#sanctions) - [Parsian Bank BIC BKPAIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/parsian-bank-bkpairt1#sanctions) - [Eghtesad Novin Bank BIC BEGNIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/eghtesad-novin-bank-begnirth#sanctions) - [Bank of Industry and Mine BIC BOIMIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-of-industry-and-mine-boimirt1#sanctions) - [Bank Sepah BIC SEPBIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 5493008Z30ZS378SB107](https://elucidate.co/directory/bank-sepah-sepbirt1#sanctions) - [Bank Tejarat BIC BTEJIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · LEI 5493007MJ3BLX55XSZ63](https://elucidate.co/directory/bank-tejarat-btejirt1#sanctions) - [Post Bank of Iran BIC PBIRIRT1 Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/post-bank-of-iran-pbirirt1#sanctions) - [Karafarin Bank BIC KBIDIRTH Financial institution Not on a tracked register OFAC SDN · Country under embargo · Iran · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/karafarin-bank-kbidirth#sanctions) [See all 17 listed institutions →](https://elucidate.co/directory/search?cc=IR&flag=sanctioned) ### OFAC programmes naming Iran Entries on the OFAC lists under each programme, all entry types, published 23 September 2026 - Iranian Financial Sanctions RegulationsIFSR1,610 - Iran sectors (EO 13902)IRAN-EO13902981 - Iranian Transactions and Sanctions RegulationsIRAN679 - Iran (EO 13846)IRAN-EO13846488 - Islamic Revolutionary Guard CorpsIRGC289 - Iran human rightsIRAN-HR222 - Iran Supreme Leader’s office (EO 13876)IRAN-EO13876115 - Iran metals (EO 13871)IRAN-EO1387151 - Iran conventional armsIRAN-CON-ARMS-EO47 - Iran Threat Reduction ActIRAN-TRA31 - CAATSA (Iran)CAATSA - IRAN20 - Iran human rights abuses via ITHRIT-IR16 Level: Comprehensive embargo (graded by Elucidate). A programme lists individuals, entities, vessels and aircraft; its count is not a count of institutions. ### EU regimes naming Iran Entries on the EU consolidated list under each regime, generated 22 September 2026 - Iran IRN 707 Level: Broad financial-sector sanctions (graded by Elucidate). ## Regulation and supervision None of the 22 tracked registers covers Iran. All 29 institutions listed here hold a BIC; firms licensed only by Iran’s national authorities are not listed. By regulation level: 1 prudentially supervised, 28 not on a tracked register. ### ECB banking supervision Significant institutions The ECB list of supervised entities covers 1 institution here that hold a BIC: 0 significant, supervised directly by the ECB, and 1 less significant. [See 1 ECB-supervised institution →](https://elucidate.co/directory/search?cc=IR&flag=ssm) ## Groups and systemic importance GLEIF records the head office of 2 corporate groups in the directory here. ### Largest other groups GLEIF consolidation groups, by legal entities (LEIs) in this country | Group | LEIs here | LEIs in the group | | --- | --- | --- | | [Saman Bank](https://elucidate.co/directory/group/5493004165TIYDN15T27) | 1 | 2 | ### Groups headquartered here Largest of 2, by legal entities in the directory | Group | LEIs in the directory | | --- | --- | | [Bank Saderat Iran](https://elucidate.co/directory/group/549300KBNGV4NYY3GE68) | 3 | | [Saman Bank](https://elucidate.co/directory/group/5493004165TIYDN15T27) | 2 | [See all corporate groups →](https://elucidate.co/directory/group) ## Payments and connectivity Of the 29 institutions in Iran that hold a BIC, 44.8% are connected to Swift, as at 23 September 2026. ### Connection to Swift Institutions that hold a BIC, by connection type in Swift’s directory - Connected to Swift13 · 44.8% - Reverse billing0 · 0% - Passive participant (no connection)16 · 55.2% A BIC does not imply a connection to the Swift network. ## All BIC codes in Iran Look up any of the 984 BIC codes registered in Iran: the head offices and branch codes of the 29 institutions here that hold a BIC, with their LEIs and flags. [Download the list (JSON)](https://elucidate.co/data/banks/countries/IR.json) ### Where branch codes cluster Branch codes by city, top 8 - Tehran475 - Isfahan33 - Mashhad31 - Tabriz28 - Shiraz25 - Kish Island23 - Karaj16 - Kerman16 ## Other countries in Middle East & North Africa The directory has pages for 20 other countries and territories in Middle East & North Africa. [Algeria](https://elucidate.co/directory/country/dz) [Bahrain](https://elucidate.co/directory/country/bh) [Djibouti](https://elucidate.co/directory/country/dj) [Egypt](https://elucidate.co/directory/country/eg) [Iraq](https://elucidate.co/directory/country/iq) [Israel](https://elucidate.co/directory/country/il) [Jordan](https://elucidate.co/directory/country/jo) [Kuwait](https://elucidate.co/directory/country/kw) [Lebanon](https://elucidate.co/directory/country/lb) [Libya](https://elucidate.co/directory/country/ly) [Malta](https://elucidate.co/directory/country/mt) [Morocco](https://elucidate.co/directory/country/ma) [Oman](https://elucidate.co/directory/country/om) [Palestinian Territories](https://elucidate.co/directory/country/ps) [Qatar](https://elucidate.co/directory/country/qa) [Saudi Arabia](https://elucidate.co/directory/country/sa) [Syria](https://elucidate.co/directory/country/sy) [Tunisia](https://elucidate.co/directory/country/tn) [United Arab Emirates](https://elucidate.co/directory/country/ae) [Yemen](https://elucidate.co/directory/country/ye) Sources & method Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page. Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists. [Read the methodology →](https://elucidate.co/directory/methodology) Sources for this page - **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026 - **OFAC SDN and consolidated lists**—US Treasury · [source ↗](https://ofac.treasury.gov/sanctions-list-service) published 23 September 2026 - **EU consolidated financial sanctions list**—European Commission generated 22 September 2026 - **ECB list of supervised entities** · [ECB ↗](https://www.bankingsupervision.europa.eu/banking/list/html/index.en.html) published 20 August 2026 - **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026 ## Assess the financial crime risk behind a counterparty A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings). [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.