Mohammad Barzegari states that accounts with one hundred deposit transactions are considered commercial.
Mohammad Barzegari, Head of the Regulatory Center for Sales Terminals
According to the resolution of the Money and Credit Council, accounts with one hundred deposit transactions or more, and with an inflow of 35 million tomans per month, are considered commercial accounts. If an account has fewer transactions but higher financial turnover, it can also be examined as suspicious based on other existing laws. The implementation of this resolution poses no concern for ordinary people. The main concern is for those who have not yet reported their commercial accounts to the National Tax Administration with the intention of tax evasion or money laundering.
