Currency payment order is an instruction to the foreign receiving bank to pay the amount. In other words, at the request of the client, the bank or financial institution issues a payment order via one of the agent banks abroad and pays it to the person that bank account holder requested
Direct and Indirect Payment order
Soltan Yaghoot company is ready to send any payment orders of traders. You can trust our experts and counselors to do such works and complete your transactions. There payment orders include: SWIFT, currency check, currency banknote, currency, and currency payment order.
List of contents
Currency payment orders with Soltan Yaghoot
What documents do you need for currency payment order?
Payment orders in euro to Europe
Webgram or webMoney service
Direct currency payment order
Indirect foreign payment order
Exported and imported currency payment order
Currency Payment Orders with Soltan Yaghoot
Some of foreign currency payment orders are mentioned below:
Direct, indirect, imported, exported, euro to Europe, etc. These payment orders consist of some stages which occupies us next.
Payment order sending service
What Documents Do You Need For Currency Payment Order?
As you know every bank transaction requires certain documents. Banks require some documents from natural and legal persons in order to take proper and quick action.
Required documents for a natural person include:
. Birth certificate
. ID card and a copy of ID card
. A 3*4 photo
And required documents for a legal person include:
. Notice of Establishment
. Business license
. Company economic activity license
. Business card (equal to the origin)
. Copy of articles of association
. ID card and birth certificate of corporate administrators and the individuals with authority to sign.
Payment Orders in Euro to Europe
Nowadays, Payment order in euro to Europe became significant since trade with Europe has increased and more and more people are immigrating to European countries.
Payment Orders in Euro to Europe
PayPal is one type of currency payment orders to Europe. You can purchase from European markets amount to a thousand dollars daily and you can transfer money directly by this system.
Webgram or WebMoney Service
Webgram is like PayPal service. You do not need to open a bank account abroad and you can purchase from these markets by using only your bank account in Iran and pay. Moreover, you can observe and track your purchase and deposit. By using this service, you receive a WebMoney passport and you will be able to make your own financial transfers easily.
This service is one of the most popular currency transfer service globally. Today, 185 countries are using this service. One of advantages of this service is that you do not need to open a bank account abroad in order to be able to use it. You can change your money to the foreign currency by this service and receive 10digit code and send it to the payee so he/she could receive this amount.
This method works in the same way as Western Union, the only difference is that MoneyGram charges less.
Direct Currency Payment Order
This is one of the safest ways to transfer currency, this way is also known as SWIFT currency payment order or T/T. You can exchange your money to any currency you would like and transfer it to any natural or legal person’s account abroad. The advantages of this method are: high speed, safe transfer, no transfer limitation, and direct transfer to the account of payee.
Indirect Currency Payment Order
This payment order is also known as D/D. This method works like direct currency payment order the only difference is that it takes more time about 7 working days until the payee receives the amount by this system.
Exported and Imported Currency Payment Orders
We use this method in case we would like to issue a payment order by a bank or exchange. We go to a bank or exchange and present the specifications of the payee’s bank account, we exchange our money to the country’s currency next, and transfer the amount. We should mention that based on the regulations of Iran you will need to fill out the customs declaration form in order to avoid money laundering.