Melli Bank plc
Melli Bank plc is a UK incorporated bank, licensed and regulated by the Financial Services Authority and conforms to all UK accounting standards and disclosure requirements. It is a wholly owned subsidiary of Bank Melli Iran, the largest bank in Iran which had a presence in London through two of its branches in the heart of city and in Kensington since 1967. Melli Bank plc acquired the assets of these branches upon commencement of its operations in January 2002.
The Bank opened its first overseas branch in Hong Kong in April 2006 to cater to a client market in the Far East with strong trade links with the Iranian market. The Bank offers a diversified portfolio of products and services to cater to the varying needs of its customers. The needs of the export business market are typically based around Letters of Credit and the Bank provides all services in this regard i.e. advising, their confirmation, negotiation and payment and acts as a reimbursing bank for other banks. The Bank additionally offers Letter of Credit and Bill discounting services as well as issuing Bonds and Guarantees.
For more information, please visit http://www.mellibank.co.uk
