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Banks Partners

Bank Partners

Bank Partnerships

Partnerships provide the vital ecosystem for boosting digital payments and services, encompassing payment solutions, regulatory compliance, attractive offers, and more

Choosing the Right Bank: 4 Things to Consider

When deciding on a bank that perfectly suits your needs, it's essential to keep certain factors in mind. Here are some considerations to help you make an informed decision:

Evaluate how close the bank's ATMs and branches are to your home or workplace for convenience.

Compare the various account options and features available, including savings, current, and fixed deposit accounts. Investigate the interest rates offered for savings and fixed deposit accounts to optimize your returns. Additionally, consider if the bank offers digital banking capabilities as this can enhance your banking experience.

Compare the transparency in fees for various services, including account maintenance and transactions. Look for accounts with minimal charges to save on unnecessary expenses.

Explore the bank's additional services: digital banking for seamless online transactions, personal loans, mortgages, auto loans, investments, and insurance. Ensure they align with your financial goals. If you plan to take out loans in the future, compare loan interest rates from different banks.

By considering these important factors, you can confidently choose a bank account that aligns with your lifestyle and financial aspirations. A well-informed decision will set you on the path to financial success and convenience.

Participating Bank Partners

 

 

Stay tuned for additional banking partners joining the program soon!

Bank Service Fees

# Description  Types of Payment  Fees (IQD) 
1 Account opening commission  One-off Free 
2 Account management fee  Monthly  Free
3 Salary reload commission  Monthly 2,000 IQD 
4 3-Year card issuance commission  Monthly 500 IQD
5 Commission for re-issuing a damaged card  One-off 15,000 IQD
6 Commission for re-issuing a lost or stolen card  One-off 15,000 IQD
7 Commission for withdrawing from own bank ATM bank Per transaction  Free
8 Commission for withdrawing from own bank ATM to another bank Per transaction 0.004% (minimum 1,000 IQD)
9 Online shopping commission  Per transaction Free
10 Purchase commission from points of sale  Per transaction Free
11 Inter-branch commission  Per transaction Free
12 Prepaid card issuance  One-off Free
13 Issuance of a new PIN for ATM  Per transaction 7,000 IQD
14 3-Year credit card issuance  One-off 35,000 IQD
15 Online banking  Monthly Free
16 Mobile App Monthly Free
17 E-Statement  Monthly Free
18 SMS notifications  Monthly Free
19 Customer services  Monthly Free

Trade Bank of Iraq (TBI): Service Fees

# Service Types of Payment  Fees (IQD) 
1 Account opening fee One time Free
2 Account management fee Monthly Free
3 Salary reload fee Monthly 2,000 IQD
4 Card issuance fee One-off 15,000 IQD
5 Fee for reissuing the third card One time 25,000 IQD
6 Fee for reissuing lost or stolen card One time 25,000 IQD
7 ATM withdrawal fee (own bank's ATM) Per transaction Free
8 ATM withdrawal fee (other bank ATMs) Per transaction 0.004% (minimum 1,000 IQD)
9 Online shopping fee Per transaction 1.96% to 2%
10 PoS purchase fee Per transaction 1.96% to 2%
11 Inter-branch commission Per transaction 0.001% (minimum 5,000 IQD)
12 New ATM PIN issuance One-off 10,000 IQD
13 3-years credit card issuance Once every 3 years 70,000 IQD
14 Internet banking services Monthly Free
15 Mobile app Monthly Free
16 Electronic account statement Monthly Free
17 3-years SMS notification Annually 75,000 IQD
18 Customer service Monthly Free

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