OREANDA-NEWS Sberbank has launched transfers to Iran for Russians by account number, transactions can be carried out both in favor of other individuals and legal entities, the press service of the credit institution told RIA Novosti.

"In September, transfers to Iran became available to Sberbank customers. Both p2p transfers and transfers in favor of legal entities are available to customers," the bank said.

It is noted that transfers are sent in rubles to Pasargad Bank. The commission is standard for international transfers – 1% of the amount.

"The transfer service to Iran is new, the demand for it has yet to be assessed. First of all, the service is designed for tourists," the bank added.