Financial Services

Financial services are actually economic services provided by financial institutions. Financial institutions include banks, exchange offices, financial and credit institutions, insurance companies, stock exchange companies, and state-owned investment companies.
The history of the exchange goes back to ancient times. The Bible mentions an exchange office. At the time of the Second Temple in Jerusalem, a large number of people worked as money changers in the temple courtyard. These people exchanged Roman and Greek coins with images of their gods for Jewish currency, which was the only currency that could be used in the temple. In Iran, too, because in Islam it was forbidden to make money on money, this trade was fully available. It was the Jews. In the nineteenth century, almost all the Jews of Shiraz worked as money changers.
Despite its development in the late nineteenth century, an exchange office in Iran faced stiff competition from the Russian and Imperial Borrowing Banks of Iran, which, in addition to being familiar with new banking techniques, also enjoyed the support of the Russian, British, and Iranian governments.

Types of exchange offices in Iran
Money changers were divided into two types, first type exchange and second type exchange:
Exchange type one

Exchanges that only buy and sell foreign currency (non-electronic) and gold and silver coins in cash, and engaging in other foreign exchange transactions by such exchanges is prohibited.
Exchange type II
Exchanges that, in addition to buying and selling foreign currency and gold and silver coins, transfer currency within the framework of foreign exchange regulations, including conducting foreign exchange remittances through banks and credit institutions licensed by the Central Bank and providing foreign exchange services from They work through authorized brokers abroad and such.

Authorized exchange offices of Iran: 

Reference of authorized Swedish exchange offices
fi.se

Money laundering is the conversion of the proceeds of crime and corruption into seemingly legitimate assets. In the money laundering process, money from illicit activities is converted into money or wealth that is ostensibly obtained through legal means, and thus "laundered money" enters the economy. In many legal systems, money laundering rules are combined with other methods of financial and commercial crime.