Bank Melli Iran products, services and reviews
Rating, reviews, address, contact info, branches, phone numbers, fixed deposits, savings and card accounts offered by Bank Melli Iran
3.80%
Annual fee
Free
Cashback
No
Annual fee
Free
Cashback
No
Interest rates up to 3.80%
Open and manage directly on PickTheBank Platform
Terms from 3 months to 5 years
Annual interest payments
Protected by Deposit Guarantee System up to 100.000 EUR

Bank Melli Iran
4.1
France
Credit ratings
Deposit Guarantee Scheme (DGS)
Deposit Guarantee Scheme (DGS) member. Deposits up to €100k per person are covered
S&P
-
Moody’s
-
Fitch
-
About Bank Melli Iran
Bank Melli Iran is the country’s largest state-owned commercial bank, established by parliamentary decree in 1927; before the Central Bank of Iran was created in 1960, it handled several central banking functions. It operates a broad domestic branch and ATM network and offers retail and corporate services including current and savings accounts, debit cards on the national Shetab payment system, domestic transfers, payroll, cash management, and financing structured under Islamic banking contracts such as murabaha, ijara, and qarz al-hasanah. Trade finance products (letters of credit, collections, guarantees) are available for eligible clients, though cross-border use is constrained by international sanctions and limited correspondent banking access, which restricts services in major foreign currencies. The bank has maintained overseas branches or subsidiaries in select jurisdictions, but the status of some international operations has shifted over time due to sanctions and local regulatory actions. Digital channels include online and mobile banking for payments, bill settlement, card management, and strong customer authentication tools, with functionality oriented to domestic rails rather than international card schemes. Ownership and oversight are tied to the Iranian state, with supervision by the Central Bank of Iran; system-wide challenges include high inflation, rial volatility, asset-quality pressures, and periodic public-sector balance sheet interventions. Deposits fall under the national deposit guarantee framework subject to local rules and coverage limits. For non-residents and international businesses, practical usability is largely domestic: sanctions exposure, currency controls, and counterparty risk outside Iran make foreign-currency services and cross-border transactions limited or unavailable.
Bank Melli Iran Deposit guarantee scheme participation
Bank Melli Iran participates in the deposit guarantee scheme of France which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR (or equivalent in local currency) per bank per depositor.
Bank Melli Iran Countries of operations
Bank Melli Iran offers their savings products in
Products offered by Bank Melli Iran and interest rates
Bank Melli Iran offers 0 deposits and 0 savings accounts in .
Best interest rates in France
Loans offered by Bank Melli Iran
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Bank identifiers
BIC number
MELIDEHH
Name
Bank Melli Iran
Country
France