Monday, January 29, 2024

Central bank sets new ceilings for prepaid cards, 29 JAN

Central bank sets new ceilings for prepaid cards

Economy News – Baghdad

The Central Bank of Iraq on Monday set new ceilings to fill prepaid cards known as prepaid.

The central bank sent a letter to banks and electronic payment companies, and “Economy News” obtained a copy of it, that the maximum limit of the card balance is 10 million dinars.

He added that “the ceiling of withdrawals from ATMs inside Iraq is 2 million dinars or what is determined by the owner of the ATM machine and the monthly card balance does not exceed.”

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