Catalog
500.000 Rials
| Issuer | Bank Tose'e Saderat Iran |
|---|---|
| Year | 2000 |
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| Value | Log in to see details |
| Currency | Rial (1932-date) |
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| Obverse description | Pink-toned cheque note with the issuing bank's name in Persian script and the Bank Tose'e Saderat Iran emblem at centre. A manuscript signature of the branch manager appears beneath the bank title, accompanied by an official rectangular stamp in blue ink at lower left bearing the bank's name and authorisation legends in Persian. The serial number is printed in red at upper right, with MICR encoded numerals along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Security thread, MICR |
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| Comments |
Bank Tose'e Saderat Iran — the Export Development Bank of Iran — is a specialized state-owned bank, not the central bank, which makes this a somewhat unusual note: a high-denomination instrument issued outside the standard Markazi Bank framework. By 2000, Iran's cumulative inflation since the 1979 revolution had rendered 500,000 rials a functional rather than exceptional sum, but the denomination still signals this was likely intended for institutional or interbank transactions rather than retail circulation.
The Pick number remains unassigned in standard catalogs, suggesting limited documentation in Western reference literature — not uncommon for specialized Iranian banking paper of this period.