Economist: Transfer money from Iraq to foreign companies’ account takes 3 days.

BAGHDAD / NINA / An economist at the Ministry of Finance, Hilal al-Taan said that the period of transferring money from Iraq to the account of foreign companies not take more than three days.

He said in a statement to the National Iraqi News Agency / NINA / that transferring money from Iraq to overseas takes three days, where lists of accounts subjected to audit, control, and anti-money laundering unit in the Central Bank of Iraq.

He added that the money will be transferred from the branches of certain state banks in addition to the TBI under Form No. 4, which includes all the details of the transfer and the most important purpose of the transfer and Amount and other information relating to the person who, the amount will be transferred to him.