Transfers :

Payment order on the bank (the transferor) at the request of one of its customers to another branch or bank, whether inside or outside the country, called the bank of the applicant asking to pay the amount of money to a particular person (beneficiary).

There are two types:

– External transfer:

First: – The valid service  of the currency auction and transfer of companies and the conditions are: –

1- Opening a current account (the terms of which are stated in the current account opening procedures).

2- Commercial invoice.

3 – Contract between the converter and the supplier.

4- Certificate of origin.

5- Import license.

6- Undertaking.

7- Request for transfer.

Second: – The service of the transfer of individuals, their terms: –

1 – transfer of the maintenance of family living expenses for Iraqis residing abroad permanent residence after the submission of support and the statement of kinship and the source of these funds and even (5000) dollars per month.

2- Compensation determined by official Iraqi authorities for foreigners.

3 – Transfer of the fundamental transactions for the sale of real estate registered in Iraq and the value of the value under the martyrdom of the Directorate General of Real Estate Registration or the judicial bodies of Iraqis residing abroad permanent residence under the support of the competent authorities, provided that the ownership of the property to the owner of the transaction or the inheritance before obtaining permanent residence outside Iraq, and that non-foreign residents in Iraq covered by the investment law are entitled to sell and transfer amounts of real estate as long as they were purchased from their own savings.

4 – Transfer for medical treatment outside of Iraq enhanced by proof.

5 – transfer of expenses and salaries of scholarships for our dear students studying at the expense of private, and provide support from the Ministry of Higher Education and Scientific Research and the cost of

The student’s name, the student’s name, the student’s contacts, the transfer documents, the address of the residence, the name of the bank, and the account number.

6 – transfer the salaries of retirees wishing to submit a written request from the pensioner abroad through our embassy or through his agent to transfer his dues with the availability of data about the beneficiary bank, the account number of the beneficiary, the documents of both the transferor and beneficiary (to deny receipt of electronic copies of the beneficiary’s data via e-mail Or through the bank’s bank accounts).

7- Our Bank shall transfer savings and income to individuals located in Iraq for the purpose of employment.

– Internal transfer:

Our bank provides internal hawala service:

1- Internal transfer between the bank and its branches through the service of the banking system.

2. An internal transfer between the bank and local banks within the country and through the payment system (ACH, RTGS).