Sunday, June 1, 2025
Starting Tomorrow, Payment Cards From These Banks Will Be Suspended Abroad
Starting Tomorrow, Payment Cards From These Banks Will Be Suspended Abroad.
Economy 2025-05-31 | 07:22 16,893 views Alsumaria News – Economic Economic expert Munar al-Obaidi confirmed on Saturday that a large number of electronic payment cards issued by Iraqi banks will no longer work outside Iraq as of June 1.
This is due to changes in the mechanisms used to enhance the balances of these cards with global companies such as Visa and Mastercard. told Al-Obaidi Sumaria News,
"Cards belonging to government banks will continue to operate normally, and cards belonging to private banks that have accounts with US correspondent banks outside the country will remain active."
He added, "The problem lies with cards issued by banks that do not have accounts with US banks, as
they are currently unable to top up their card balances, which leads to the cessation of their operations abroad."
Al-Obaidi pointed out that "the Central Bank of Iraq is currently working on activating a temporary mechanism in cooperation with the Trade Bank of Iraq (TBI) to strengthen the balances of these banks until they open accounts in American banks," stressing that "the final solution will come when these banks complete their procedures with their correspondent banks in the United States."
According to Al-Obaidi, What's going on?
"Since the end of 2022, payment cards have become one of the tools used to expel foreign currency from Iraq, especially given the price gap between the parallel market and the official dollar exchange rate, which has put significant pressure on foreign exchange reserves."
According to the expert, estimates indicate that "foreign spending via cards has reached approximately $10-12 billion annually, a significant figure that has directly impacted the currency market."
Central Bank Decision
Under pressure from this, the Central Bank of Iraq decided to amend its operating procedures.
Iraqi banks are now required to replenish their card balances in dollars exclusively through US correspondent banks, to ensure transparency and monitor the flow of funds.
However, because many private banks do not currently have such accounts, their cards will not be valid outside Iraq until further notice.
Al-Abidi confirmed that Is there a solution soon?
"banks are working to open accounts with US correspondent banks, but until that happens, the problem will remain."
He called on citizens to "verify the type of card and the issuing bank, especially for those who rely on it for travel or online shopping abroad."
https://www.alsumaria.tv/news/economy/528202/بدءاً-من-الغد-بطاقات-الدفع-لهذه-المصارف-تتوقف-خارج-البلاد
TIDBIT FROM BRUCE
Bruce
...we are looking to get started in the first couple of days in June...Could we get an email Saturday? Sunday or Monday?
...Yes – Yes and Yes... you guys can look forward to a great weekend, wonderful month of June.. .
We're getting close...we haveinformation saying that the new Dong rate will be coming up on the redemption center screens either [Friday] or Saturday...
That's really good.
WOLVERINE: KEEP YOUR FAITH ( ENGLISH & SPANISH)
WOLVERINE: KEEP YOUR FAITH
WOLVERINE
Well folks, I noticed there was no transcript of Bruce's call today and found out why, which was stupid on Bruce's part as he was catching words here and there and making things up as he spoke. He should have canceled the call if he had nothing to say and not waste time listening to nonsense.
Well, this is what I heard and it comes directly from the people and the owners of the platform.
Yesterday there was a platform for a special Xxxx platform (I can't mention the name) whose funds were released worth about 30 million dollars (which is still a lot of money). The person was very excited and said that it was real, that it was liquid and spendable money.
The owner of the Pentecostal group finally finished what she said she had to do and is ready (finally) to deliver the funds to her leaders on May 30. She was very precise and direct to the topic, and thanked those who have worked with her.
It was a very emotional audio and I got goosebumps listening to it, and my wife and I started screaming with joy and crying with joy.
Trigger funds were supposed to be delivered today, but I haven't had much information and am waiting to hear if anything happened.
I received wonderful news from the Almirante group (but I'm not at liberty to say anything) and it looks great.
Maybe tomorrow or any other day I will release wonderful news and there will be amazing celebrations for some people on a certain platform.
There is also a group that received funds and spendable money for cryptocurrencies. This news was incredible.
We are still waiting for notifications and I cannot give any information as I have no concrete information about 4B except misinformation.
I'm sure we are very close. We can only keep faith and continue praying.
May God bless you all.
Your friend and servant.
Wolverine ❤️
TRANSLATE IN SPANISH
WOLVERINE
Bueno, amigos, me di cuenta de que no había transcripción de la llamada de Bruce hoy y descubrí el motivo, lo cual fue una tontería por parte de Bruce, ya que estaba captando palabras aquí y allá e inventando cosas mientras hablaba. Debería haber cancelado la llamada si no tenía nada que decir y no perder el tiempo escuchando tonterías.
Ayer hubo una plataforma para una plataforma especial de Xxxx (no puedo mencionar el nombre) cuyos fondos fueron liberados por un valor de unos 30 millones de dólares (que sigue siendo mucho dinero).
La persona se mostró muy emocionada y dijo que era real, que era dinero líquido y gastable. La dueña del grupo pentecostal finalmente terminó lo que dijo que tenía que hacer y está lista (por fin) para entregar los fondos a sus líderes el 30 de Mayo.
Fue muy precisa y directa al tema, y agradeció a quienes han trabajado con ella. Fue un audio muy emocionado y se me puso la piel de gallina al escucharlo, y mi esposa y yo empezamos a gritar de alegría y a llorar de alegría.
Se suponía que los fondos de disparo ( Trigger funds) se entregarían hoy, pero no he tenido mucha información y estoy esperando saber si algo sucedió.
Recibí noticias maravillosas del grupo Almirante (pero no tengo la libertad de decir nada) y se ve muy bien.
Quizás mañana o cualquier otro día publique noticias maravillosas y habrá celebraciones increíbles para algunas personas en cierta plataforma.
Hay también un grupo que recibió fondos y plata gastable por criptomonedas. Estás noticias fueron increíble .
Todavía estamos esperando las notificaciones y no puedo dar ninguna información, ya que no tengo información concreta sobre 4B, salvo desinformación.
Estoy seguro de que estamos muy cerca. Solo podemos mantener la fe y seguir orando.
Que Dios los bendiga a todos.
Su amigo y servidor.
Wolverine 
TEXAS SNAKE UPDATE
Today
Texas Snake
Well folks nothing specific but the banker received what he considers very positive news that our days of waiting are shorter,, much shorter.
6:42 PM
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