Iraqi Bank of Trade stops withdrawing cash through ATMs outside Iraq
The Iraqi Bank of Commerce announced on Wednesday the suspension of cash withdrawals through ATMs (ATM) using electronic cards (Visa and MasterCard) outside Iraq, as part of preventive measures to avoid security risks associated with the misuse of these cards.
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The bank explained, in a statement received by {Euphrates News} a copy of it, that: “The decision only includes cash withdrawals from ATMs outside Iraq, while users can continue to use cards to pay through POS devices or in electronic operations on the Internet.”
The bank pointed out that “this measure comes in order to protect customers’ funds from any security threats that may result from the misuse of cards in some areas.”
