Bank Saderat Iran Banking and Export Services

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Two business professionals analyzing financial papers in a modern office setting.
Credit: pexels.com, Two business professionals analyzing financial papers in a modern office setting.

Bank Saderat Iran is a state-owned bank that offers a range of services to individuals, businesses, and governments.

It provides banking and export services, allowing customers to manage their finances and trade internationally with ease.

The bank's services include foreign exchange, letters of credit, and factoring, making it a one-stop-shop for all financial needs.

Bank Saderat Iran has a strong presence in the Middle East and North Africa, with a large network of branches and subsidiaries in key markets.

For your interest: Www Bank Saderat Ir

Before 1979

Bank Saderat Iran was founded on September 7, 1952, by the Bolurfrushan family, Mohammad Ali Mofrah, and several of his associates.

The bank was initially established with a capital of 20 million Iranian rials in credit and 3,500 Iranian rials in loans.

It was temporarily housed in an upper floor of a building overlooking the central branch of Bank Melli Iran in Takyeh Dowlat, Tehran.

The bank was initially registered as "Bank Saderat va Ma'aden" (Bank of Exports and Mines) in the Tehran Companies Registration Office.

Exterior of modern bank building with arched passages
Credit: pexels.com, Exterior of modern bank building with arched passages

Bank Saderat officially began operations on November 13, 1952, with the opening of its first branch, which employed 25 staff members.

By the end of its first year, the bank's balance sheet showed total deposits of about 17.6 million rials, loans and credit facilities of about 67 million rials, total assets equivalent to 44.2 million rials, and a net profit of about 700,000 rials.

Mohammad Ali Mofrah invited Edward Joseph, a well-known banking expert at the time, to serve as the bank's CEO.

Edward Joseph led the bank for the first two years.

In 1954, Mofrah was appointed CEO by the bank's board of directors.

He remained in this position for 23 years until late 1977 when he resigned.

In June 1978, Mofrah completely withdrew from the bank's board of directors.

The bank's name was changed to its current form, "Bank Saderat Iran" (Export Bank of Iran), in 1963.

You might like: Saderat Bank of Iran

Getting Shaba Number

You can get your Shaba number from RDE, a website that provides this service for free. You can get your Shaba number with just your mobile number and a few clicks.

Credit: youtube.com, Saderat - Internet Bank

The Shaba number is a 24-digit code that includes all the necessary information for bank transactions, such as the bank's name, account number, and branch code. This means you don't need to know any of this information to make a transaction.

To get your Shaba number, you can use RDE's website or app, and it's a quick and easy process. You can also get your Shaba number from the bank's website, but you'll need to have your account number handy.

One of the benefits of using RDE to get your Shaba number is that you can do it with just your card number, even if you don't have your account number. This makes it a convenient option for those who may not have all the necessary information handy.

The Shaba number is a secure way to make transactions, as it eliminates the risk of incorrect transactions. If you enter the wrong Shaba number, you won't lose any money, and the transaction won't go through.

With your Shaba number, you'll have access to all your bank account information, making it easy to keep track of your finances.

Benefits and Information

Credit: youtube.com, Saderat Bank TVC

Using Bank Saderat's SHBA code offers several benefits, including the convenience of transferring funds without needing other banking information.

You won't need to remember the bank's name, account number, or branch code, as all this information is embedded in the SHBA code.

The SHBA code provides security against incorrect transactions, as any errors in entering the numbers will result in a message indicating a mistake.

This means you won't risk transferring funds to the wrong account, and your account will remain safe.

With the SHBA code, you'll have easy access to all your bank accounts and transactions.

Here's an interesting read: Bank Transfer Swift Code

Export Bank Services

Saderat's Export Bank Services are designed to facilitate international trade. The bank offers a range of services to support Iranian exporters.

Saderat's export financing services provide financial support to Iranian exporters, helping them to purchase raw materials and equipment.

The bank's services include providing letters of credit, which guarantee payment to the exporter upon presentation of compliant documents.

Saderat's export bank services also offer a variety of foreign exchange services, including buying and selling currencies and providing forward exchange contracts.

The bank's experience in international trade has allowed it to establish relationships with major international banks, facilitating the settlement of export transactions.

On a similar theme: Persia International Bank

Banking Services

Credit: youtube.com, Saderat Bank TVC

You can access various banking services through the Bank Saderat website, including online banking and electronic banking services. These services are available in the "خدمات بانکی و بانکداری الکترونیک" section.

The Bank Saderat website offers a range of services, including card-to-card transactions, online payment of installments, and check services. These services are available through the "اپلیکیشن همراه بانک" app.

The "صاپ" app also offers a range of services, including buying and issuing various types of insurance, card-to-card transactions, and paying bills. This app is available for download on the Bank Saderat website.

You can also access the list of Bank Saderat branches in Iran and abroad through the website, which is useful if you need to visit a branch in person. This information is available in the "لیست شعب" section.

By using the online banking services offered by Bank Saderat, you can manage your finances and perform various banking tasks from the comfort of your own home. This can save you time and effort, and make banking more convenient.

For another approach, see: Banks and Banking Services

راهنمای ورود به bsi.ir

Credit: youtube.com, راهنمای کامل ثبت‌نام ، احراز هویت و دریافت کارت سپاس معلم سپینو نئو بانک صادرات

The website of Bank Saderat is a treasure trove of information and services. You can access it by visiting www.bsi.ir.

The website is divided into various sections, each offering unique features and services to its customers. Upon entering the site, you'll see important announcements displayed as images on the main page.

You can find essential information about Bank Saderat, its manager, and employees by navigating to the "درباره بانک" (About Bank) section. This section is a great resource for learning more about the bank.

The "خدمات بانکی و بانکداری الکترونیک" (Banking Services and Electronic Banking) section is another crucial part of the website, offering a range of services that can be accessed remotely. This section is particularly popular due to its importance.

If you're planning to visit one of Bank Saderat's branches, you can easily find a list of branches within the country and abroad on the website. This feature is incredibly useful for customers.

Introduction and Overview

Credit: youtube.com, Saderat Bank TVC

Bank Saderat Iran is a large Iranian bank based in Tehran, founded in 1952 with over 30,000 employees.

The bank offers universal banking worldwide, with a significant share capital of IRR 175.353.972 million.

Bank Saderat Iran has a long history of focusing on exports to Iran, with a core business scope that prioritizes this geographic area.

The bank has a strong presence in Germany, with two branches in Hamburg and Frankfurt.

Bank Saderat Iran is a member of the Deposit Guarantee Fund of the Federal Association of German Banks and the German Banks Compensation Scheme.

The bank's financial statements and management reports are published in the electronic Federal Gazette.

Bank Saderat Iran's Hamburg branch is located at Deichstrasse 11, 20459 Hamburg, with a phone number of (+49) 40 / 37 00 50 and email address [email protected].

The bank's Frankfurt branch is located at Friedensstrasse 4, 60311 Frankfurt am Main, with a phone number of (+49) 69 / 20 97 40 and email address [email protected].

You might enjoy: Central Bank of Iran

Frequently Asked Questions

Who owns Bank Saderat?

Bank Saderat is owned by the Iranian government, specifically a state-owned bank. It is a key financial institution in Iran.

Who is the CEO of Bank Saderat Iran?

The CEO of Bank Saderat Iran is Esmaeil Lalegani. He leads the bank's key team members, including its founder, Mohammad Ali Mofarrah.

Which banks were hacked in Iran?

20 out of 29 Iranian banks were affected, including Sarmayeh Bank, Post Bank of Iran, and Bank Day, among others

What happens when a bank debanks you?

When a bank debanks you, they close your account due to perceived financial, legal, or reputational risks, leaving you without access to your funds or banking services

Aaron Osinski

Writer

Aaron Osinski is a versatile writer with a passion for crafting engaging content across various topics. With a keen eye for detail and a knack for storytelling, he has established himself as a reliable voice in the online publishing world. Aaron's areas of expertise include financial journalism, with a focus on personal finance and consumer advocacy.

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