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    • Parsian Bank Retainer Fee in 2019

      Parsian Bank Retainer Fee in 2019

      Parsian Bank requires a 3% retainer fee in 2019 for any usage of its invested deposits. According to a report by Bank Parsian PR Office, in line with usury-free banking and considering the interest upper limit set by the Central Bank of Islamic Republic of Iran, the Parsian Bank’s retainer fee in 2019 is set at 3%.

      Banks usually ask for a retainer fee in exchange for the usage of their deposits by the investors; retainer fees include the costs of using the customers’ term deposits in offering facilities and economic investments by the banks.