Electronic Check Issuance in Iran Grew 262 Percent

Central bank data show that 2,285,586 electronic checks were issued by Iran's banking network in the first four months of the current Iranian year (started March 2026), a 262 percent increase from 631,497 in the same period last year. The share of electronic checks in total checks issued rose from an average of 1.2 percent last year to 4.6 percent this year. Since electronic checks were introduced in Aban 1401 (October 2022) through the end of Tir 1405 (July 2026), more than 8.4 million electronic checks and 3.5 million electronic checkbooks have been issued. Under Iran's seventh five year development plan, the central bank is required to fully replace paper checks with electronic ones by the end of 1406 (March 2028).