R: I'm not an Iranian citizen but i'm investing my money in iran by transferring my money to there currency (Rial) investing since 2 years around one million and a half dollar monthly they deposit $25,127 in my account (twenty five thousand and hundred twenty seven dollar i'm calculating when the interest was 20% before it comes to 15% i have my ATM card from Melli bank and i can withdraw the interest monthly from my country i have no problem at all with Irani banks. And because i deposited that amount they opened a saving account for me which they give me 15% same as the Fixed deposit but i have to keep 20 million toman which equals to $5.5 million and the amount of the interest deposit credit in the same saving account.
R: I have a friend that works in bank of melli me and him like to no how your gating this hi u.s. dollar interest rates from the bank so we can do it too..my friends name is azime and he transfer the money from main branch to the smaller branches for melli bank.
So lat me no which branch you open an account.
R: The interest rates for dollars are different there are much lower... not all the banks will do those accounts... if the government over there gets in trouble I needs dollare they will tack the dollare from the accounts and replace them with iran money with out you even knowing you no wane you go to the bank..they did it 4 years ago....
R: Mohammad, stop lying...I have a dollar account for over 10 years at bank Melli and they never converted my dollars to toman, that's a lie. You are trying to scare people into not investing in Iran. NO BANK, I mean NO government bank in Iran has ever defaulted unlike other countries(USA) who live off high debt have defaulted or only guaranteed 250k. Everything in Iran is cash owned, no mortgages so you will never see a bubble blow up. Although now they are trying to entice loans for auto purchase but only Iranian cars. They are charging 16% or above for these loans. In Iran, you can make a killing, it's the only country which practices true capitalism without any government involvement. If you have money, you can make so much more.
R: Yes you can open an account in Iran i'm a Kuwaiti citizen and i have deposit in Iran and receiving my interest every month and you can withdraw your interest from Kuwait no need to go or travel to Iran you can use your ATN card of the Irani bank to check you balance or withdraw
R: Only Iranian citizens can open a bank account, I was just there in November and your need a Iranian ID card, Iranian Passport and Iranian birth certificate. Sorry people from other nations. I love the banks in Iran, very bias.....I go there once a year and enjoy spending my yearly interest on anything. Cheers!