Bank-Level Authentication
No ID uploads required. We securely authenticate sender identities via the originating local bank account used for the deposit. Senders never need to upload personal government IDs directly to our platform.
Is it legal to send money to Iran?
Directly, no; compliance-wise, yes. Direct bank wires are blocked, but personal remittances (family support, tuition) are legally permitted under exemptions like OFAC General License M. Our closed-loop matching model ensures your funds stay within secure Western bank accounts and never cross restricted borders.
How the closed-loop matching network works
By acting strictly as an informational and software routing service, we separate Western local funding from Iranian Rial payouts. Senders' deposits never cross sanctioned borders.
Strictly Bilateral, Local-to-Local Ledger Matching
IranMoneyTransfer.com uses a closed-loop, bilateral liquidity matching model designed to keep sender deposits and recipient payouts within domestic banking rails. The model offsets reciprocal capital needs within their respective jurisdictions. While Western diaspora members deposit local currencies in the West to send personal remittances to their families in Iran, Iranian residents may deposit the equivalent Rial amount domestically to pay for authorized overseas expenses such as international university tuition, specialized medical treatments, or government immigration fees. By matching these domestic flows, the process is designed to reduce cross-border wire exposure and support compliance review before a transfer is accepted.
Domestic rail matching
Sender deposits and recipient payouts are handled through local payment routes where available.
Two-way reciprocal offsetting
Diaspora family support can be matched with Iranian payments for eligible overseas tuition, medical, or immigration costs.
Compliance review
Transfers are screened for purpose, parties, and corridor eligibility before payment details are shared.
What we check before payout
Each transfer is reviewed before release. The exact checks can vary by corridor, amount, and transfer details.
AML & Sanctions Screening
Reduce prohibited-activity risk. Transfer requests are screened against sanctions and AML criteria before payment details are shared.
Recipient Bank Validation
Ensure Rial reaches the right card. Before Rial domestic reserves are matched and released via Shetab in Iran, recipient details and bank card accounts are checked for accuracy.
Audit & Record Keeping
Complete transaction trail. We retain structured logs of bank payment confirmations, recipient declarations, and matching ledgers to support compliance review and audit readiness.
Frequently Asked Questions
Short answers to the compliance questions that affect whether a transfer can move forward.
Directly, no; compliance-wise, yes. Direct international banking wires and commercial payments are blocked by sanctions. However, personal remittances (family support, tuition) are legally permitted under standard regulatory exemptions (like OFAC General License M). By utilizing a closed-loop liquidity network, your money remains inside local Western bank accounts and never crosses restricted borders.
IranMoneyTransfer.com uses a closed-loop, bilateral liquidity matching model. Sender deposits are handled through local accounts in supported Western jurisdictions, while payouts to recipients in Iran are made from separate domestic Rial reserves. Conversely, Iranian residents seeking to fund authorized overseas expenses may deposit Rial locally, and the corresponding Western currency can be released from Western accounts directly to the target institution. This domestic-to-domestic model is designed to reduce cross-border wire exposure and support compliance review.
Traditional cross-border banking wires are highly restricted, slow, and prone to rejection. Because we work purely through a domestic-to-domestic liquidity matching model, there is no international transit time. The very second we receive your local deposit in the West, we confirm the match and instantly disburse the equivalent amount directly to your recipient's bank account in Iran from our local reserves.
Due to sweeping banking sanctions, residents in Iran are blocked from paying for authorized and essential international expenses. Our bilateral matching model generates liquidity by matching inbound family remittances with outbound payments for these critical needs. This includes: (1) international university tuition fees for students studying abroad in Canada, Europe, Australia, or the US; (2) specialized overseas medical treatment bills; (3) government immigration and visa processing fees; and (4) professional licensing and exam fees. These residents deposit Rial domestically, and we release the matching USD, CAD, or EUR locally in the West directly to the target agency or school.
No. Senders are not required to upload passports, driver's licenses, or government IDs directly to our website. Instead, sender identification is securely verified through bank-level authentication via the originating local bank account used to transfer the funds in the West. Senders only need to provide the recipient's information to release the Rial instantly in Iran.
No. In strict accordance with international regulations and the terms of OFAC General License M, we do not support any commercial payments, export/import transactions, real estate investments, business capital matching, or transfers involving restricted, corporate, or sanctioned parties.
Questions about compliance?
Our team can clarify required documents and transfer purposes.