The Central Bank Calls On Banks To Facilitate Foreign Transfers And Exempts Them From The Deposit Period Requirement

Baghdad (INA) –  The Central Bank of Iraq called on licensed banks on Sunday to facilitate foreign transfers and exempt them from the RTGS deposit period requirement.

A statement from the bank, received by the Iraqi News Agency (INA), said, "The Central Bank of Iraq has called on all licensed banks to facilitate foreign transfer procedures for customers with completed transactions."

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GLOBAL BOND RESET WATCH: TREASURY MARKET VOLATILITY RAISES NEW QUESTIONS ABOUT WHO FINANCES U.S. DEBT

Changing investor behavior and volatile bond yields are raising important questions about the future cost of U.S. borrowing and the balance of global financial power.

CBI Launches Digital Damaged Note Swaps

2026-10-18 05:27Shafaq News- Baghdad  Iraqis can now apply online to replace damaged banknotes under a new Central Bank of Iraq (CBI) service designed to make the process faster and easier.  The system allows citizens to submit replacement requests through the Ur electronic platform by entering the required information and confirming their applications. The CBI will then process the requests through its relevant departments, according to a statement.

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GLOBAL FINANCIAL SECURITY RESET WATCH: AI CYBER THREATS PUSH FINANCIAL LEADERS TOWARD GREATER COOPERATION

G7 finance leaders are planning cybersecurity simulations as the IMF warns that increasingly sophisticated AI-driven attacks could threaten confidence in banks, payment networks and the wider financial system.

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GLOBAL FINANCIAL RESET WATCH: IMF AND WORLD BANK MEETINGS EXPOSE GROWING DEBT AND COOPERATION CHALLENGES

The IMF and World Bank's October meetings highlighted how rising borrowing costs, geopolitical conflict and uncertainty surrounding artificial intelligence are complicating the search for sustainable global economic growth.