Banking and insuranceEconomical

Details of currency supply through the online system of the foreign exchange market


According to Iran Economist, citing the public relations of the central bank, this bank issued a circular and announced: In order to facilitate the sale of currency to the public and to avoid wasting the time of applicants to buy foreign currency and follow the announcements of the market consisting of foreign exchange transactions, from Saturday 1401 08/14/08 Exchanges that are members of the foreign exchange trading market should prioritize the applicants who are introduced through the online system of the foreign exchange trading market at the address my.ice.ir and commit to providing the service at the appointed time. .

Based on this circular, the central bank also obliged all member exchanges of the foreign exchange market to guide other customers in person to the aforementioned system in order to buy foreign currency.

In this regard, the foreign exchange market announced by issuing a notice: the online system of the Iranian foreign exchange market has been designed to facilitate the process of purchasing foreign currency for natural persons and to save the time of applicants, and after entering the system, applicants to purchase foreign currency must provide their identity information. and registers his purchase request.

Therefore, in case of eligibility to purchase foreign currency according to the regulations of the central bank, the system will display a list of the nearest exchange companies and after the applicant selects an exchange, the application information will be sent to the selected exchange, and if the exchange is approved, an SMS containing the information of the exchange will be sent. And the date and time will be sent to the applicant.

In this case, the applicant can go to the exchange and buy the currency he needs by bringing the national card with him.

According to the announcement of the integrated foreign exchange market, currently only the possibility of requesting travel and other currency is provided through this system, but in the near future with the cooperation of central bank and other related institutions will be able to request currency for other purposes according to the regulations of the Central Bank of the Islamic Republic of Iran through this system.

This system will respond to applicants from Saturday to Wednesday from 8:00 to 16:30 and on Thursdays from 8:00 to 16:00.

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