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Summary: Transferring money between Iran and Germany is subject to sanctions and special EU regulations, and these also apply to personal funds. In this guide we give only the legal framework and practical tips so that you avoid unintentional mistakes. These rules are complex; for any large transfer you should consult your bank and, if needed, a tax or legal adviser.
The general framework
In the European Union Iran is classed as a “high-risk third country”, and German banks carry out stricter checks (Enhanced Due Diligence) on Iran-related transactions. The bank may ask about the purpose and source of the money, stop or slow the transaction and, in suspicious cases, report it to the relevant authorities. This is normal behaviour and does not mean an accusation.
Reporting and authorisation thresholds
| Amount of each transfer | Requirement |
|---|---|
| €10,000 to less than €40,000 | Report to the German central bank (Bundesbank) |
| €40,000 and above | Prior authorisation required |
According to specialist sources, these thresholds, based on European rules (Regulation 267/2012), apply to each transfer separately. Deliberately splitting a large amount into several small transfers to avoid a threshold may be treated as circumvention of the law and have serious consequences. The general €50,000 threshold for other countries does not apply to Iran. Do not take any of these rules as legal advice; always coordinate with your bank.
What does it mean for ordinary people?
- Family remittances (for example money from family for a student) are also covered, even if the amounts are personal.
- For large amounts, ask the bank before acting and expect it to request documents: the purpose of the payment, the family relationship, proof of the source of the money.
- Keep the documents: a contract, an invoice, a gift letter or family documents. A short note on the transfer is not enough.
- Cash: entering with €10,000 or more must be declared to customs (details: arriving at the airport). Paying a large amount of cash into an account is also accompanied by the bank asking about the source of the money.
Informal channels
Unlicensed or anonymous money transfer services (informal remittances) can be unlawful and lead to the suspension or closure of your account, frozen funds or prosecution. We do not recommend transfers through these channels. Use only licensed banks and institutions and methods whose legality is clear.
For a blocked account and a visa
Each blocked-account provider has its own conditions, accepted countries and payment methods. Before registering, ask support whether payment is possible for you, and keep the legal routes together with the documents: Sperrkonto guide and proof of financial means.
Practical tips
- Before any large transfer, contact the bank and ask which documents are needed.
- Write the names and details of the payer and recipient and the purpose accurately.
- Keep all receipts and documents for at least several years; in Germany you may later be asked about the source of the money.
- If you have failed to report something by mistake, consult a tax or legal adviser about a voluntary correction.
- To your German account after arrival: bank account guide and Basiskonto.
Sanctions and reporting rules may have changed; always confirm current conditions with your bank and official sources (such as the Bundesbank).
Note: this article is general guidance and not a substitute for legal, tax or banking advice. Sanctions and money-transfer rules change repeatedly; before any important transfer, consult your bank and a tax or legal adviser. Last reviewed: October 2026.
