Transfer Money from Iran to Europe

Move eligible personal funds to your European bank account

If you live, study or plan to settle in a supported European country, Persia Money can review a transfer of eligible personal funds from Iran to your own European bank account.

The required amount is paid in toman in Iran. Once the transfer and source-of-funds checks are complete, the equivalent amount is paid in euros or another supported currency to your bank account in the destination country.

The service may be used for lawful, documented personal needs, including:

• moving personal savings
• relocation and initial living costs
• financial support from family
• student living expenses
• salary savings, pension or retirement income
• rental income from personally owned property
• inheritance
• proceeds from the sale of personal property or other personal assets
• approved direct payments to educational, medical or legal organisations

How the transfer works

Persia Money uses an informal value transfer system, or IVTS. The toman payment is made in Iran and the corresponding foreign-currency amount is paid from funds available in Europe. It is therefore normally received as a domestic or regional payment rather than a direct international wire from an Iranian bank.

• Create your Persia Money account and complete the required identity verification.
• Select the destination country, currency, amount and reason for the transfer.
• Enter your European bank account details and provide information about the source of funds.
• Review the live exchange rate, fee, final amounts and estimated delivery time.
• Allow the app to validate the destination account details, including the IBAN.
• Pay the required amount in toman in Iran.
• Once all checks are complete, the foreign-currency amount is paid to your European bank account.

You can follow the request and payment status in your Persia Money account.

Destination countries and bank details

Transfers can be reviewed for eligible bank accounts in supported EU and EEA countries and Switzerland, including Germany, France, the Netherlands, Spain, Portugal, Italy, Ireland, Belgium, Austria, Sweden, Denmark, Finland, Norway and Switzerland.

For most European accounts you will need the account holder's full name, IBAN, destination country, transfer amount and payment purpose. A BIC or SWIFT code, bank name, address or other information may be requested in some cases.

The destination account should normally be a personal account in your own name. A payment to another person or an organisation may only be considered in specific circumstances.

Account validation before you pay

When you enter the destination account, the Persia Money app checks the IBAN and available account information. If the details are incomplete or invalid, the app alerts you before you confirm the transfer. This gives you an opportunity to correct errors before any payment is made.

Eligible sources of funds

Savings and employment income

Personal savings built from lawful and verifiable income can be considered. Supporting evidence may include bank statements, payslips, employment records or other documents showing how the funds were accumulated.

Family support

A family member may fund ordinary living, study, housing or relocation costs. Persia Money may ask for evidence of the family relationship, the payer's identity and the source of the money.

Pension and rental income

Lawful pension, retirement or rental income may be eligible where the source can be documented. Regular transfers may be possible after the underlying income has been reviewed.

Property sale and inheritance

Proceeds from the sale of personally owned property or assets, and money received through a lawful inheritance, can be considered when ownership, entitlement, the transaction and the movement of funds can be evidenced. Larger transfers normally require more documentation.

Moving to or studying in Europe

If you have obtained a visa or residence permission, you may request a transfer for relocation costs such as a rental deposit, initial living expenses, immigration costs, student living expenses or funding your new bank account. Persia Money may ask for documents such as your visa, residence permit, tenancy agreement or university admission letter.

Funds are normally paid to your own bank account. In suitable cases, a direct payment to a verified university, hospital, regulated legal firm or other approved organisation may be considered.

If someone else pays in Iran

The toman payment does not always have to come directly from an account in your name. In some circumstances, a family member or another person with a clear connection to you may provide the funds. Their identity, relationship to you, source of funds and reason for paying must be verified.

Supported Iranian banks

Persia Money can receive toman payments from selected Iranian banks and make local payments only to eligible accounts at supported banks. Check the current supported-bank list before arranging the Iranian payment.

Exchange rate fees and delivery time

Persia Money charges a fixed fee of EUR 5 for sending euros to Europe. The minimum transfer amount is EUR 50.

Before you pay, the app shows the live exchange rate, service fee, amount due in toman, amount to be paid to the destination account and estimated delivery time. The final rate is confirmed when you approve and pay for the transfer.

Straightforward transfers can often be processed quickly after approval. Higher-value transfers or cases involving inheritance, a property sale or third-party funding may take longer because additional checks are required.

Documents we may request

• a valid passport or identity document
• a visa or proof of residence in the destination country
• proof that the destination IBAN belongs to you
• bank statements, payslips or other income evidence
• pension or retirement documents
• property ownership and tenancy records
• sale agreements or inheritance documents
• evidence of a family relationship
• a university offer, invoice or other supporting document

The documents required depend on the source and purpose of the funds. A request for more information does not mean that the transfer has been declined.

Frequently asked questions

Ready to transfer your personal funds to Europe

Choose the destination country, amount and purpose, then enter your IBAN and source-of-funds information in the Persia Money app. The app validates the account details and shows the live rate, fee, final amounts and estimated delivery time before you pay.