Trade Bank of Iraq stops cash withdrawals via ATMs outside Iraq

Trade Bank of Iraq stops cash withdrawals via ATMs outside Iraq

2025/02/26

Trade Bank of Iraq stops cash withdrawals via ATMs outside IraqThe Trade Bank of Iraq announced today, Wednesday, the suspension of cash withdrawals via automated teller machines (ATM) using electronic cards (Visa and MasterCard) outside Iraq, as part of preventive measures to avoid security risks associated with the misuse of these cards.

The bank explained, in a statement received by {Al Furat News} a copy of it, that: “The decision only includes cash withdrawals from ATMs outside Iraq, while users can continue to use cards to pay via POS devices or in electronic transactions on the Internet.”

The bank pointed out that “this measure comes out of concern for protecting customers’ money from any security threats that may result from misuse of cards in some areas.”

alforatnews.iq