Accounts and Deposits

• Eligibility to receive a cheque book* and VISA Electron card
• Access to ATMs across Iraq. No withdrawal fees for NBI customers
• Access to credit facilities*
• Eligibility to obtain a credit card*
• Instant access to funds deposited
• Option to open it as a single or joint account
• Send/receive remittances
• Access to online banking services
• No minimum balance is required to open the account
• To maintain the account a minimum balance of IQD 500k is required – an annual fee of IQD 3k will be incurred if the balance falls below the required minimum
• For US Dollar accounts, the minimum balance to maintain the account is USD 500 – an annual fee of USD 2 will be incurred if the balance falls below required minimum
• Chip technology provides extra security against fraud when used at terminals or ATMs that are chip enabled
• The account is available in Iraqi Dinar or US Dollar

*Terms and conditions apply

Offering competitive interest rates, which will help you build your savings and achieve your short-term and long-term goals.

• Earns interest
• Instant access to funds
• Eligibility to receive a VISA Electron card
• Send/receive remittances
• Access to credit facilities*
• Eligibility to obtain a credit card*
• Option to open it as a single or joint account
• Ability to increase deposit value at any time without breaking it
• Access to online banking services
• Chip technology provides extra security against fraud when used at terminals or ATMs that are chip enabled
• The account is available in Iraqi Dinar or US Dollar.

*Terms and conditions apply

Guaranteed Returns. Flexible Maturity Periods

• Higher yields and a locked interest rate that does not change over the maturity period
• Flexibility in choosing maturity date: ranging from one month to three years. 
  • For accounts in Iraqi Dinars, the available terms are: 1 month, 3 months, 6 months, 12 months, 24 months, 36 months
  • For accounts in US dollars, the available terms are: 1 month, 3 months, 6 months, 12 months, 24 months
• Flexibility to choose receiving interest on a monthly basis, annually, or at maturity
• Access to credit facilities*
• Eligibility to obtain a credit card*
• Option to open as a single or joint account
• The account is available in Iraqi Dinar or US Dollar.

Fixed Deposit Account:

Your deposits at the National Bank of Iraq are insured by the Iraqi Company for Deposit Insurance (ICDI) regulated by and operating under the Central Bank of Iraq.

The bank offers time deposit accounts that enable you to choose from various flexible offerings that suit your needs and acquire competitive interest rates to achieve higher yields from your savings with ease and security.

Features:

• A locked and competitive interest rate that does not change over the maturity period.
• You can choose to lock several deposits with different maturity and terms and amounts since there is no maximum limit to the number or amount of deposits.
• The flexibility of receiving the yields monthly, annually or on maturity date according to the client’s request.
• Ability to renew the deposit with the original amount automatically as per the client’s request.
• You can choose to break the deposit and take the money at any time.
• Keep track of your deposit accounts through the mobile app.

*Subject to terms and conditions

For interest rates for locked deposits in Iraqi Dinar/US Dollars offered by the National Bank of Iraq to its clients click here

(Payroll Transfer Service for Companies)

Employee Benefits:

• Eligibility to receive a VISA Electron card
• Access to credit facilities and cheque book*
• Eligibility to obtain a credit card*
• Send/receive remittances
• Access to online banking services
• Instant access to funds

Corporate Benefits:

• Fast salary transfer procedures
• Issuance of certified cheques to cover subscription of employees in social security, receive approvals from the required establishments, and deliver them to the Social Security Authority

Salary accounts are available in Iraqi Dinar or US Dollar.

*Terms and conditions apply