Can I send money to someone in Iran?
Is there a way to get around sanctions to send money to loved ones in Iran?
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Unfortunately, you can't send money to Iran at the time of writing. Even if you have a loved one in Iran who needs money desperately, it's illegal in Australia to send a money transfer to a sanctioned country.
Find out below what you need to know about sanctions when it comes to sending money to someone in Iran.
Why can't I send money to Iran?
Because of sanctions in place, no bank or money transfer company can send money from Australia to Iran. This is because Australia's an active member of the United Nations (UN), which has sanctions that don't allow any kind of financial transactions between Australia and Iran.
If you send money to another country without sanctions against Iran and then pass those funds onto a recipient in Iran, you may face tough legal and financial consequences. You can read more about the sanctions on Iran on the Department of Foreign Affairs and Trade's website.
Sanctions and Iran
Australia first sanctioned Iran in 2006, due to Iran's refusal to give up its uranium enrichment program for nuclear weapons and working against the UN's own sanctions. Further sanctions were added in 2013, related to natural gas trade and banking. These sanctions ban all transactions with the Central Bank of Iran, unless they're authorised in advance.
Australian banks won't handle a transfer to Iran for you and popular money transfer providers like Western Union and MoneyGram don't offer their services to Iran. Even if you can find a money transfer provider willing to help you send money to Iran you will then need to be very careful about the purpose of the transfer.
There are several complex rules and regulations surrounding money transfers to Iran and there have been some highly publicised cases of people or companies unwittingly falling foul of the law.
Sending money to sanctioned countries and the potential consequences
There are ways that people have chosen to get around these economic sanctions. But we stress that doing so is illegal and exposes you to severe legal and financial penalties. If you choose to route your money through a country that doesn't have sanctions against your intended destination, the UK, for example, you could be charged with money laundering.
What is money laundering?
Money laundering is any activity that illegally obtains money and attempts to conceal the source, destination or identity of those funds. If you're convicted of money laundering crimes, you face years in prison and significant fines.
More guides on Finder
International money transfer services
Beat the banks, find the best exchange rates and avoid fees when you send money abroad from Australia.
Review: TransferMate international money transfers
Learn about how TransferMate’s personal product works and what it can do for you.
iRemit international money transfers review
Make simple and small transfers to the Philippines through the IREMITX app.
How do international money orders work?
Using international money orders to send money overseas? Learn about better options.
Review: Crypto.com cryptocurrency app and exchange
Learn more about the Crypto.com platform in our complete review.
How do we pick the top money transfer services?
Our top picks are our selection of the best money transfer services, based on our extensive research and market experience. Here's how we choose them.
Sending money internationally during the coronavirus pandemic
Learn about how COVID-19 may affect the ways you transfer cash around the world.
PayPal for ecommerce sites review
Learn about the pros and cons of using PayPal to convert your online seller profits into Australian dollars in this detailed review.
Review: SingX international money transfers
Your guide to international money transfers with SingX, including exchange rates, fees and safety.
How to buy bitcoin without ID in Australia
If you want to buy cryptocurrency without ID in Australia, find out everything you need to know in this guide on how to buy bitcoin anonymously.
International Money Transfer OffersImportant Information*
Special offer: $40 off when you transfer more than $250+ with code AUFIND40, conditions apply.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Better exchange rates for Finder customers.
WorldFirst sends 60+ currencies at competitive rates. If you find a better eligible quote, WorldFirst will beat it.
Ask an Expert