Bank Sepah was the first bank established in Iran, dating from 1925. ‘Sepah’ is poetic Persian for ‘army’; the bank carries this name as its initial capital was provided by the Army Pension Fund. The bank now has branches in Paris, Frankfurt and Rome and a subsidiary, Bank Sepah International, in London.
Bank Sepah International provides services for international trade, primarily in Iran and the Persian Gulf. It was incorporated in 2002.
Bank Sepah International Products and Services
Bank Sepah International also offers a range of corporate services, including international payments in and out of Iran.
The bank offers services including:
Foreign exchange transactions, including Iranian rials
The bank also offers a portfolio of retail banking services, available to non-corporate customers.
Iranian and Iranian-linked corporations are supported by corporate lending solutions tailored to specific projects. An extensive network of relationships with Iranian banks means Bank Sepah International helps to facilitate lending, drawdowns and settlements. A specialist loans team can make sure that all lending transactions meet regulations in the applicable territory.
Bank Sepah International has over four decades of experience in international trade finance and focuses mostly on documentary credits, with both Certified Documentary Credit Specialist (CDCS) and Certificate in International Trade and Finance (CITF) qualified professionals on the team.
The treasury arm of Bank Sepah International manages the market, interest and liquidity of the bank, plus its relationships with international financial institutions and other banks. The team has extensive expertise in the international money market and access to the Iranian market through its parent bank, the treasury team are able to advise customers on the best way to achieve their goals.
More about Bank Sepah International
Bank Sepah International is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority.