Foreign Currency Account
Customers can open current accounts in US$, euros, sterling and UAE dirham.
L/C for Imports
L/C is the most common payment tool in international trade. Saman is able to open different types of L/Cs on your behalf and provides the necessary facilities. In compliance with Central Bank of Islamic Republic of Iran rules and regulations, Currently, two major types of L/C can be opened in Saman: Sight L/C, Termed L/C
L/C for Exports
Exporters are encouraged to receive the value of their exported commodities through L/C. Saman is able to trade these L/Cs and provide assistance for the exporters throughout the process.
Documentary Credit Draft
A documentary credit draft is an international payment method used by importers and exporters alike. Saman is able to register and trade your drafts, facilitating the process for you to cash them through its correspondent banking network.
International Money Orders
In line with CBI regulations, Saman Bank can issue money orders through one of our correspondent banks within very short time periods. Payment orders issued by Saman international or domestic correspondent banks will be paid into your account immediately upon receipt of the SWIFT message as per rules and regulations and internal policy. All current and new customers are eligible to make use of this service in all Saman branches.
Advance Payment Bond
Some contracts require a partial advance payment. In these instances, a guarantee bond is required to ensure repayment of the advanced in the event the agreement is not fulfilled.
Many bids and tenders come with a required minimum bid bond to ensure all bidders genuinely intend to follow up with their bid.
Saman issues bid bonds for its Corporate Clients.
In compliance with the relevant regulations, foreign currency is supplied by Saman in the following categories:
Travel, students, health, sabbatical, transfer of foreign investment incomes, import of goods and services.