Correspondent Banks are those, having cooperation with Refah Bank in banking
services. Please select the region to see the correspondent banks in that area.
List of branches, having
independent swift address
Those branches, which have independent swift addresses, can
have message transmission directly with the correspondent banks all over the
world. Other branches can transmit their swift messages via the central
office or the branches, having independent swift address.
Swift is a non-profit and cooperative society, being
established in May, 1973 by 239 banks from 15 European and North American
countries. The purpose of its establishment was to replace the non-standard
communication written means or telex with a standardized means in the
international level. Over 7000 institutes from 197 countries are currently
having membership in SWIFT. It should be mentioned that in the year 2001,
more than 1.5 billion messages have been transmitted through the world via
The swift headquarter is located in Belgium and acts under
the rules and regulations of the said country. Meanwhile, U.S.A,
Netherlands, United Kingdom and Hong Kong serve as the back-up centers for
the member countries. There is a SAP center (swift access point) in each
country which is supervised by the Society for Worldwide Inter Bank
Financial Telecommunication (SWIFT). (In I.R.Iran the SAP center is located
in the Central Bank).
The swift system is being used for sending and receiving any
type of messages within the foreign exchange branches inside and outside of
the country. All Iranian Banks are connected to SAP in the Central Bank of
Islamic Republic of Iran through leased or satellite lines and can send
messages to the required banks through the satellite system. SWIFT has
become popular due to accelerating foreign exchange dealings, satisfying
customers and coordinating all foreign exchange operations worldwide by
making use of standard software programs.