In the electronic world, there are various methods for transferring money between countries and accounts, and it is necessary to learn more about the main ones, i.e. the method of international money transfer and the method of transferring money between the two countries of Iran.
In this part of the Sasha exchange site, several methods of money transfer between the two mentioned countries have been discussed along with information to know. Stay with us until the end of the article to get more information about the money transfer method with Sasha Exchange.
International Money Transfer
As the level of demarcation between countries becomes stronger and stronger, the effects and economic conditions of countries on each other and the international financial flow cannot be denied or ignored. For this reason, in addition to the requirements and laws that each country determines individually and exclusively for money transfers, there are also international laws and requirements that monitor money transfers at the global level. One of the most important of these laws is the regulations put in place by the Financial Action Task Force or FATF to combat money laundering worldwide.
The Financial Action Task Force or FATF, headquartered in Paris, was created under the rules and regulations of the Group of Seven or G7 and, according to the latest figures released in February 2021, has 205 members and observers, including the International Monetary Fund, the United Nations and the Bank. global
Countries that cannot become a member of this organization for any reason and are placed in the black and gray list of this organization, will lose the chance to integrate into the global banking system.
One of the simplest and easiest ways to transfer money internationally is through the global banking system, which unfortunately, Iran’s inclusion in the FATF blacklist, as well as US sanctions against Iran, have made it more difficult to transfer money between Iran and the global economy. This makes more people tend to remittance. And but…
What Is Remittance?
In a simple and concise language, it can be said that remittance is one of the best ways to transfer money and capital, the story of its origin is slightly different from the current situation.
This caused bandits and bandits to use every trick and method so that they could loot the property of those merchants in this way. The lack of life and financial security in these routes became so severe that the employment of strong and skilled women swords to protect property from other bandits did not work.
For this reason, the merchants and trusted people of the cities should invent a method and create an integrated chain that allows the transfer of money and property between cities with only one sheet of paper. Therefore, when any merchant wanted to travel to another city, he first placed his money and capital with the merchant or one of the trusted people of this chain in his city and received a receipt containing the following text on a sheet:
“Dear colleague in the city…. this merchant has deposited 300 coins with the following details to me. Please pay him 300 coins in exchange for receiving this receipt.”
Then, by delivering these papers to one of the merchants and trustees of this integrated and solid chain in the destination city, he would receive his money and capital. Finally, every month the merchants of each city would settle accounts with each other in a meeting.
Little by little, with the passage of time, the process of doing this work progressed and eventually it became a business that received a fee for each movement of capital and money according to the amount of money moved.
