Iran and Russia have integrated their banking systems by connecting Russia’s Mir Card Network with Iran’s SHETAB banking network, enhancing economic collaboration. This integration, part of a broader monetary agreement, allows trade transactions in their national currencies—rubles and rials—reducing reliance on third-party currencies. Key components include using national currencies in trade, connecting local banking systems, and integrating card payment networks. This move aims to strengthen bilateral ties, attract investments, and mitigate the impact of international sanctions. Overall, it positions both nations as adaptable to modern economic challenges and fosters a more resilient financial landscape.