Iraq Private Banks. List of banks in Iraq. Warka Bank for Investment & Finance J.S.C. 1- Internal transfers from IQD currency to IQD currency : 0.115% 2- Internal transfers from USD currency to USD currency: 0.1% 3- Internal transfers from USD currency to IQD currency: 0.1% 4- Internal transfers from IQD currency to USD currency: 0.115% 5- Internal transfers related to certified checks in IQD currency from various Provinces to Baghdad : 0.115% 2- Performance bond: 20% collateral plus 0.4% per month Note: Collateral must be commercial real-estate or stocks the minimum price per share IQD 1. 0.75% per 3 months maximum charge USD $85 minimum charge USD $85 0.75% for amending an increase in the period of LC.
Accepting Bill of Lading Documents/ Deferred Payment 0.4% per 3 months maximum charge USD $85 minimum charge 1. unconfirmed and sight 15% deposit 2. unconfirmed and deferred 25% deposit 3. confirmed and sight 25% deposit 4. confirmed and deferred 50% deposit 25% annually short loans in IQD currency (3 months) 25% annually on debited IQD checking accounts (overdraft) Bank of Baghdad. Central Bank of Iraq.