About us
The Iraqi International Bank for Investment and Finance is a financial institution dedicated to meeting the needs of individuals and businesses within Iraq through modern financial standards and responsible banking practices. The bank is distinguished by its vision based on the principles of justice, transparency, and social responsibility, and it strives to meet its clients' needs through diverse and innovative financial solutions.
Internet Banking Service
A service that enables clients to manage their bank accounts online with ease.
Features and Benefits
Change your banking password for the mobile app and internet banking service.
Check the latest foreign exchange rates, conversion rates, and perform currency exchange.
Instantly transfer funds to your accounts and to other accounts within the International Iraqi Bank for Investment and Finance.
Information Technology
The Information Technology (IT) Department is one of the most vital departments in the bank, carrying numerous responsibilities. It is responsible for managing all of the bank's systems.
The bank utilizes the BANKS core banking system, considered one of the most advanced systems in the global banking sector.
The bank also operates RTGS and ACH payment systems, which have been integrated with the core banking system to ensure seamless processing.
The bank owns the SWIFT (Society for Worldwide Interbank Financial Telecommunication) system for external transfer operations.
The bank owns the WORDCHECK system for searching for customers on the blacklist.
The bank owns the Management Information System (MIS) to generate reports according to international accounting standards.
The bank owns electronic archiving systems and human resources resources.
The bank owns the credit inquiry system.
The bank owns the FATCA (Foreign Account Tax Compliance Act) system.
The Information Technology department works on introducing electronic payment systems (PAID-DEBIT ISSUING, PRE) through (VISA CARD).
Frequently Asked Questions
1How can I open a current account for my sole proprietorship, and what documents are required?
Please visit one of our bank branches with the following documents:
A valid copy of the commercial registration.
The original personal identification card (valid electronic ID) of the owner.
For foreign residents: a copy of the passport, a copy of the residency permit, and proof of employer.
2How can I open a current account for my company, and what documents are required?
Please visit one of our bank branches with the following documents:
A notarized copy of the Articles of Incorporation from the relevant authorities.
A copy of the company’s establishment resolution.
A copy of the latest approved version of the company’s bylaws from the relevant authorities.
A Board of Directors resolution requesting to open the account and specifying the authorized signatories and their powers.
The original personal identification cards (valid electronic IDs) of the owner and authorized signatories.
Completed bank account opening forms provided by the bank.
The minimum required balance to open a current account is 300,000 Iraqi Dinars or the equivalent in other currencies.
The account can be opened in local currency or any of the approved foreign currencies.
