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5.000.000 Rials
| Issuer | Bank Mellat |
|---|---|
| Year | 2000 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | ایران چک بانک ملت شعبه فاضل آباد پنج میلیون ریال 5000000 |
| Reverse description | The reverse is printed on a similar orange-tan guilloche ground with large numeral '5000000' at upper right and left margins. The central area is formatted as a cheque form, with printed fields in Persian for recipient name, surname, date and place of birth, national identification number, and payee signature, alongside the bilingual inscription 'IRAN CHEQUE' at top centre and 'FIVE MILLION RIALS' at the lower centre in Roman script. |
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| Comments |
Bank Mellat is not a central bank. One of Iran's largest commercial banks, it was state-owned until partial privatization in 2009, and its issuance of bearer instruments denominated in rials is unusual enough to warrant scrutiny. A five-million rial instrument from a commercial bank — not Bank Markazi, Iran's central bank — almost certainly places this outside conventional currency and into the territory of a certificate of deposit, traveler's cheque, or internal bearer bond, categories that commercial Iranian banks were authorized to issue during the late 1990s reform period under Khatami.
The Pick reference P#0 signals this is uncatalogued in the standard literature, which compounds the uncertainty about its precise legal status at issuance.