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Money Exchange
Understand the inner workings of the Iranian banking sector. We help you get set up in working in Tehran.
What the new foreign currency rules mean for everyone
According to the latest instructions by the Central Bank of Iran (CBI) all bureau de change in Iran is not allowed to buy/sell any amount of money in any currency until further notice. According to the sudden change in details, all currency…
Understanding product prices in Iran
Understanding product prices in Iran is confusing for new arrivals. However, the one significant benefit of locally produced items in Tehran is that they are fixed! Yes, that’s right! From freshly baked Iranian bread to cleaning products,…
Banking in Iran for expats (using ATMs)
There are roughly 42,000 ATMs in Iran currently operating, and in any large city, you are no more than 1 Kilometre away from the nearest cash machine.
Banking in Iran for expats (coins, notes & cheques)
The Central Bank of Iran (Bank Markazi) is the only issuing authority of coins and notes in the country, unlike countries like Scotland or Northern Ireland you will not find several banks issuing their own versions of the same currency. You…
The best Iranian banks for non-Persian speakers
Have you fretted about filling in a form in Iranian banks? If so you should read our guide to the most accessible banks in Iran. We have spent years figuring this out to make it easier for you if you are spending any significant amounts of…