Easy Modes to Transfer Money to Iran

People often stumble on the question how to transfer money to Iran. Sending money to Iran is more complicated than transferring money to most other nations. The top funds transferring companies that do not offer their services to Iran are Western Union, PayPal, Ikobo, and Xoom. However, companies such as Sarrafi, Rialex, and ZTransfer Inc. specialize in the job.

Transferring funds through Sarrafi- It is an easy and a secure method of transferring money. You are required to visit the official website and click the ‘Ordering’ button at the bottom. On the next page, you will find a form that requires payment and personal information of both the sender and the recipient. Click on the ‘Submit Order’ button after filling the form. The company will get in touch with you through email asking about your credit card or bank details. The money will be transferred after you give them the requisite information.

Transferring funds through Rialex- Decide on the amount and convert into Iranian Rial. The Rialex bank enables you to send payment in the sender’s name from any of its branch across the globe. Use the link in Resources to inform Rialex about the imbursement. The transfer would require your name, contact information, address and the recipient’s personal and bank credentials.

Transferring funds through Z Transfer Inc. - Visit the Z Transfer Inc. website and register. It will ask you to provide with personal and bank details of sender and the recipient. You must enter the amount you wish to send. Click the ‘Submit Order Form’ to receive an invoice. There are two modes of transferring money. The ‘Deposit in Bank’ method will send you an email requiring bank account details. The ‘Mail Money Order’ will send you an email requiring your company address and order number. Make and mail your check to Z Transfer Inc. with your order number. The company will transfer it to the recipient in Iran.

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What is OFAC?

OFAC is a department of the U.S. Treasury that enforces economic and trade sanctions against countries and groups of individuals involved in terrorism, narcotics and other disreputable activities. It runs many sanctions based on United Nations mandates. It is sthe successor to the Office of Foreign Funds Control that was established during WWII following the invasion of Norway by Germany.
It maintains a list of Specially Designated Nationals and Blocked Persons (SDN list), available at www.ustreas.gov/offices/enforcement/ofac/sdn. Members may not accept funds from individuals or entities on this list. As a result, FCMs and IBs must check new customers against the list and must check existing customers against it whenever it is updated.
OFAC also administers a number of economic sanction and embargo programs that target geographic regions and governments, and this information is available at www.ustreas.gov/offices/enforcement/ofac/programs. Members should review new and existing customers to determine if any customers are located in countries under sanction programs and, if so, whether the sanctions affect the Member’s ability to do business with those customers. Through these sanctions and trade policies, the OFAC tries to make the economic lives of these countries or groups of individuals very difficult. This is done as a way to pressure a country to conform to certain laws or regulations, or to discontinue disreputable activity.
Such matters are extremely complicated, often requiring specialized knowledge of very ambiguous and complex regulations and processes. Only a lawyer with extensive experience in dealing with OFAC will be able to effectively represent a client in such matters. 

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Know about Iran Sanctions with Ferrari and Associates

Mr. Ferrari is a renowned name known throughout the world for his work on OFAC matters. He has handled cases for clients across Central America, Europe, the Middle East, and Africa. Ferrari and Associates, P.C. is located directly across the street from the United States Department of the Treasury in Washington, D.C. They are based at Washington D.C but then too they are actively involved on the matter across the United States and around the world. They have got expertise in cases of OFAC. They have got highly qualified professional team to handle the cases of same.

Here it is necessary to know and understand what does OFAC stands for? It means The Office of Foreign Assets Control. It is an agency of the United States Department of the Treasury under the auspices of the Under Secretary of the Treasury for Terrorism and Financial Intelligence. It administers and enforces economic and trade sanctions based on U.S. foreign policy and national security goals against targeted foreign states, organizations, and individuals.

Mr., Ferrari has got the thorough knowledge on the subject matter. He is also the author of the Iranian Transactions Regulations Practice Guide. It is the first ever legal practice manual devoted to a single U.S economic sanctions program.  Mr. Ferrari has also shared his knowledge through various media resources like CNN, Time Magazine, the Houston Chronicle, Computer World Magazine, and Moneylaundering.com. He has addressed and explained the common public about U.S trade sanctions issues.

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Legal process to remove name from OFAC SDN List

OFAC related issues and matters are typical and complex. Sometimes, people or organizations get their name on OFAC SDN list, mistakenly. There is a process of OFAC SDN list removal but it is a typically complex lengthy process. And, one who is listed wrongly in this list must start the process to get his name removed from list without delay. Though one needs to be patient to have name erased from list, he needs to take action quickly.
The process of OFAC SDN list removal process happens under the United States Department of Treasury office of Foreign Assets Control. The OFAC related matters are not criminal matter that is why these matters are not processed under the US federal court. There is a lot of paper works, rules and regulations and laws to follow. Entire legal process can leave a person, involved in OFAC related matter, fretting and fuming. The best approach to get rid of this complex procedure is to get legal services from expert, specialized attorneys or lawyers. People can access internet and can find legal or law firms providing expert and specialized legal services for OFAC related matters, issues or cases. Attorneys and lawyers in Law Firm are highly experienced and have extensive knowledge about OFAC law, rules and regulations. They have dealt with numbers of typical and complex cases related to OFAC.
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OFAC for Iranian Sanctions

Business companies and organizations which are based in US, are not legally authorized to contract with any company, state, association or person listed in SDN list.  Generally the term Special Designated Nationals is recognized as SDN in common language.  The country Iran is in front of economical and political dilemma these days. And the situation is getting even very difficult for business companies situated and working from there due to these Iran sanctions from an elongated period of time.

Ferrari & Associates, P.C. is a law firm which provides help to such companies in need. They offer their services with the purpose to represent records of customers who is associated in matters related to US financial system or Iran Sanctions. They help them in issues such as prohibited trade dealings or transfer money to Iran in anticipation of OFAC. This has exaggerated company communication with Iranian Republic Guard Corps. Banking transactions, insurance transactions and transfer money to Iran linked matters.  It is an organization of US subdivision of the treasury. These Iran sanctions are obligatory for all US based companies according to the U.S. foreign policy and countrywide safety goals in opposition to under terrorism attack states, organizations, persons and countries such as Iran and North Korea. This organization maintains and publishes a record with the intention of including each and every one such states, organizations and persons that support or are concerned in violence actions.

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