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'File 0602 Imperial Bank of Iran - Banking Agreement & Bank Reports, Vol. 1' [7r] (13/124)
The record is made up of 1 file (62 folios). It was created in 27 Dec 1945-29 Jan 1950. It was written in English and Arabic. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
- 2 -
<S y
ARTICIii 2. The recognised currency-
will be Indian
Rupees
Indian silver coin also widely used in the Persian Gulf.
, and the
basis of the Bank’s business should
be in conformity with this currency.
ARTICLE 3. Payment® to the public
should be made in the Indian legal
currency, i.e.
Rupees
Indian silver coin also widely used in the Persian Gulf.
.
AR^CLE 4. When the Bank wishes to
export gold and silver coins or bullies
they must obtain permission from the
Kuwait Goverument, giving details of
the shipment, the value, the means of
transport and place of destination.
Buch permission shall not unreason
ably withheld,
P^~
ARTICLE ^4, When theGovernment
requires for their o^sm^use drafts on
India for a rea^efiable amount, aay not
exceeding
Rupees
Indian silver coin also widely used in the Persian Gulf.
1,00,000 a month, the
rate shall be at par. Drafts ^ther
rupees
Indian silver coin also widely used in the Persian Gulf.
nha41 not be carlculated at
r fl t -ft th»n the best rste ruling
that-dayv
ARTICtSLC. . If the Kuwait Government
requires aXioan, not exceeding
Rupees
Indian silver coin also widely used in the Persian Gulf.
3
lacs
One lakh is equal to one hundred thousand rupees
, for a period of six to 12
months the Bank is to undertake to
comply with the request, the-rate of
interest chargeable to be 2 per cent,
per
No te . It i* agreed that this article
shall be In abeyande-^uring such time
as the United Kingdom is engaged in
/
«Xc
About this item
- Content
The file contains correspondence relating to the activities of the Imperial Bank of Iran in Dubai. The principal correspondents are: the British Agency An office of the East India Company and, later, of the British Raj, headed by an agent. at Sharjah; the Political Agency An office of the East India Company and, later, of the British Raj, headed by an agent. at Bahrain; the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. at Bushire (later, Bahrain); and representatives of the Imperial Bank of Iran in both Tehran and Dubai.
The papers cover the following matters:
- the negotiations and final agreement for the opening of a bank branch in Dubai;
- the lease of land for the new bank building;
- the change of name to the British Bank of Iran and the Middle East in August 1949.
The file also contains brief reports on the bank's activities for the years 1948 and 1949, written by the manager, M P Stott.
Folios 6-10 are a copy of the agreement between the bank and the ruler of Kuwait, upon which the Dubai agreement was based. Folios 14-25 are the final Dubai agreement, in triplicate.
- Extent and format
- 1 file (62 folios)
- Arrangement
The file is arranged chronologically.
- Physical characteristics
Foliation: the main foliation sequence commences at the front cover with 1 and terminates at the back cover with 62; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.
- Written in
- English and Arabic in Latin and Arabic script View the complete information for this record
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'File 0602 Imperial Bank of Iran - Banking Agreement & Bank Reports, Vol. 1' [7r] (13/124), British Library: India Office Records and Private Papers, IOR/R/15/4/8, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100026502099.0x00000e> [accessed 9 July 2026]
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Copyright: How to use this content
- Reference
- IOR/R/15/4/8
- Title
- 'File 0602 Imperial Bank of Iran - Banking Agreement & Bank Reports, Vol. 1'
- Pages
- 6r:10v, 14r:25v, 43r:44v
- Author
- Unknown
- Usage terms
- The copyright status is unknown. Please contact [email protected] with any information you have regarding this item.