Frank26: "IMO...ELECTRONIC PAYMENT SYSTEM IS FOR A NEW EXCHANGE RATE."

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Frank26:  "IMO...ELECTRONIC PAYMENT SYSTEM IS FOR A NEW EXCHANGE RATE."....F26

 The Central Bank issues new decisions regarding electronic payment services (document)

7/24/2025

 The Central Bank of Iraq issued several decisions on Thursday regarding banks, electronic payment service providers, and cash withdrawal fees.

A letter issued by the bank and received by Shafaq News Agency stated that "withdrawal fees are deducted electronically, and citizens are not required to pay any fees directly to banking outlets."

It also stipulates that "banks and companies compete to provide their services to the public to achieve the public interest and improve service,” while the book sets minimum commissions.   LINK


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