Iran has approved a mechanism for issuing national bank cards to foreign tourists. This measure is a response to restrictions imposed by international sanctions, which make the use of Visa and MasterCard impossible in the country. For Russian citizens, this solution could serve as a temporary alternative until the Mir payment system resumes operations in Iran.
Under the new rules, tourists will be able to open bank accounts and convert funds into Iranian rials at the official exchange rate. The card’s validity period will be limited to the duration of the visa, while for citizens of visa-exempt countries, it will be three months from the date of entry. Any remaining unused funds will reportedly be refunded in the original currency. However, it is noted that exchanging money at the market rate - which is 20–30% more favorable than the official rate - remains an alternative option.
This initiative was approved by the Central Bank of Iran back in November 2024. Its goal is to reduce the risks associated with carrying large amounts of cash while traveling. The introduction of tourist bank cards is intended to enhance the safety and convenience of foreign visitors in the country.
Source: TourDom
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