An agreement between (Hisabi) and (TBI) to open two new branches and install dozens of ATMs in Kurdistan, 10 NOV

  An agreement between (Hisabi) and (TBI) to open two new branches and install dozens of ATMs in Kurdistan

The Hesabi team and the Trade Bank of Iraq (TBI) have reached an agreement to speed up employee registration and card distribution procedures, as well as install ATMs across the Kurdistan Region to facilitate cash withdrawals.

Today, Thursday, November 7, 2024, the Trade Bank of Iraq (TBI) and the (Hisabi) team held their first meeting, where they agreed to expand the bank’s services to the employees of the Kurdistan Region, similar to other banks participating in the (Hisabi) project.

The agreed services include the opening of two new branches of the Trade Bank of Iraq in Erbil and Sulaymaniyah governorates, in addition to installing dozens of ATMs within “Hisabi” booths throughout the Kurdistan Region, with plans to distribute more than 10,000 (TBI) cards to employees.

The number of employees registered in the “My Account” project has so far reached about 700,000 employees, who will benefit from all financial and banking services provided by the eight banks participating in the project, including facilities for employees and salary recipients.

On Sunday, November 3, 2024, the Trade Bank of Iraq (TBI) announced the signing of a contract with the (Hisabi) project to localize the salaries of employees of the Kurdistan Region.

The bank explained in a statement that "this signing comes in line with the decisions of the Federal Supreme Court, and based on the directives of Prime Minister Mohammed Shia al-Sudani, regarding the necessity of the Iraqi Trade Bank's participation in the process of localizing the salaries of employees of the Kurdistan Region."

Below are some of the services provided by the (My Account) banking project:

1- You can access hundreds of ATMs and withdraw all the user's money at once and for free.

2- The devices are available for use 24 hours a day, 7 days a week, allowing employees to withdraw their money at any time they see fit.

3- A variety of different bank loans and advances can be obtained.

4- Direct debit cards can be used to make purchases online and through card readers known as (PoS).

5- The system allows safe and reliable money transfers inside and outside the country.

6- You can access the bank’s mobile application to follow up on your account movements, and receive notifications on your phone when salaries arrive.    link