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1.000.000 Rials

Issuer Bank Mellat
Year 2000
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Shape Rectangular
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Obverse description Green-toned cheque-format note with the numeral 1000000 in the upper left and a vignette of a mosque at lower right, enclosed within a rectangular stamp-style border with Persian inscriptions. The centre carries the Bank Mellat logo alongside printed signature lines for the branch manager (مدیر شعبه), with handwritten numerals and signatures visible on the face. The denomination is stated in Persian script at the lower left as یک میلیون ریال, with a machine-readable serial number along the bottom edge.
Obverse lettering ایران چک
بانک ملت
مدیر شعبه
یک میلیون ریال
1000000
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Comments

Bank Mellat is one of Iran's major commercial banks, privatized in 2000 as part of a broader restructuring of state-owned financial institutions — making this note's date of issue coincide almost exactly with that transition. Whether this piece represents an official circulating banknote or a commemorative/promotional issue warrants scrutiny; a one-million rial denomination would have been extraordinarily high for Iranian circulation in 2000, when the highest issued Central Bank of Iran denomination was 10,000 rials.

The absence of a Pick number is the telling detail here. Commercial banks in Iran did not issue circulating currency — that authority rested solely with Bank Markazi. Treat provenance carefully.

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