BankNet 360 – Iran Debuts Online Banking

For the first time ever, Iran is offering online banking services.

The Post Bank of Iran, based in Tehran, Iran, will offer 24-hour service to its web customers, allowing them to access financial services online as well as make internet purchases accessing funds in their Post Bank accounts.

To promote and stimulate e-banking, the service will be open to one million of the best students in Iran.

Mohammad Soleimani, Iran’s minister of Information and Communications Technology, said Iran’s fiber optic infrastructure is ready to develop digital communications and electronic banking.

A specialized government group has been formed to help reinforce digital communications and internet security in the nation.