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The following is the official letter from the Central Bank of Iraq. It can be found by visitingthe following link
This is the Central Bank of Iraq’s decision in reference to not using the 50 notes between people commercially or personally. Under the authority of the Central Bank of Iraq Rules and Regulations material #36 and material #56 for the year 2004. Here is the decision:
1. There will be a withdrawal of all 50 notes from the market
2. Banks should exchange the 50 notes that are given to them without any commission or fees. Banks should then deposit them in the central Bank of Iraq and its branches for its crediting equivalent.
3. The period of exchanging the 50 notes starts from March 1st, 2015 to April 30th, 2015.
4. After the end of the exchange period the 50 note will be cancelled, there will be no value for it. It will not be accepted.
Central Bank of Iraq
Baghdad
February 25th, 2015
[You must be registered and logged in to see this link.]
This is the Central Bank of Iraq’s decision in reference to not using the 50 notes between people commercially or personally. Under the authority of the Central Bank of Iraq Rules and Regulations material #36 and material #56 for the year 2004. Here is the decision:
1. There will be a withdrawal of all 50 notes from the market
2. Banks should exchange the 50 notes that are given to them without any commission or fees. Banks should then deposit them in the central Bank of Iraq and its branches for its crediting equivalent.
3. The period of exchanging the 50 notes starts from March 1st, 2015 to April 30th, 2015.
4. After the end of the exchange period the 50 note will be cancelled, there will be no value for it. It will not be accepted.
Central Bank of Iraq
Baghdad
February 25th, 2015
[You must be registered and logged in to see this link.]
