NEW DIRECTIVES FROM THE CENTRAL BANK REGARDING THE SALE AND WITHDRAWAL OF DOLLARS
On Thursday, the Central Bank of Iraq launched a new package of directives for all licensed banks, with the aim of organizing the sale and withdrawal of cash dollars.
To all authorized banks:
All non-banking financial institutions have taken regulatory measures to sell (cash dollar) withdrawals
good greeting….
The Central Bank of Iraq decided the following
First: Further to our circular numbered 9/3/220 dated 9/4/2023 and based on the decision of the Board of Directors numbered (131) for the year 2023, taken in its session numbered (1639) held on 18/8/2023, it was decided that you are committed to selling foreign currency ( dollars) received by the Central Bank of Iraq and for the purposes assigned to the customer
at the official established exchange rate.
Second: For the purpose of regulating cash dollar (selling and withdrawing) operations, the following was decided:
We confirm the inclusion of (pilgrims) by receiving the share of the dollar in cash and an amount of (3000) dollars. 2- It is possible to accept the accumulation of sequences of coins (dollars) sold through the (FITR) platform, according to the instructions
and controls issued by this bank.
You can obtain a fingerprint and a written undertaking from the customer regarding the validity of documents and personal documents until the completion of the application of the electronic system.
The commitment of banks to meet the requests of customers who have accounts in dollars when they wish to withdraw cash in dollar currency, and this includes accounts generated from previous cash creations or incoming aunties, noting that this bank will
By meeting the banks’ requests for cash withdrawal.
To abide by what was said. above with appreciation.
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