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The Central Bank of Iraq explains the new mechanism for delivering travelers' dollars
July 04, 2024
The Central Bank of Iraq revealed the new mechanism for travelers to receive foreign currency (the dollar), which will be exclusively through the outlets of companies and banks at international airports, stressing that
the goal of the new mechanism that will come into effect on the 14th of this month of July is for the dollar to reach the real traveler and to pass on proper transactions. In addition to facilitating travelers’ access to the dollar faster.
The Central Bank reviewed the new mechanism for travelers to receive their share of foreign currency (the dollar) by having the traveling citizen go to licensed exchange companies, spread across all cities, to hand over the amount in dinars equivalent to the citizen’s share of the dollar according to the official exchange rate of the Central Bank of Iraq, as the company will work to enter the citizen’s data.
The traveler raises his name on the electronic platform of the Central Bank of Iraq and is handed a receipt confirming his deposit of the dinar, to receive the dollar cash inside the airport exclusively, indicating that upon completing the departure procedures, the amount in dollars will be delivered to him through the outlets available at the airport, 24 hours a day and 7 days a week.
Note that the Central Bank decided to allow exchange companies to receive more than one share during the week in order to fully respond to travelers’ requests.
Central Bank of Iraq
information Office
4 - July - 2024
https://cbi.iq/news/view/2611
July 04, 2024
The Central Bank of Iraq revealed the new mechanism for travelers to receive foreign currency (the dollar), which will be exclusively through the outlets of companies and banks at international airports, stressing that
the goal of the new mechanism that will come into effect on the 14th of this month of July is for the dollar to reach the real traveler and to pass on proper transactions. In addition to facilitating travelers’ access to the dollar faster.
The Central Bank reviewed the new mechanism for travelers to receive their share of foreign currency (the dollar) by having the traveling citizen go to licensed exchange companies, spread across all cities, to hand over the amount in dinars equivalent to the citizen’s share of the dollar according to the official exchange rate of the Central Bank of Iraq, as the company will work to enter the citizen’s data.
The traveler raises his name on the electronic platform of the Central Bank of Iraq and is handed a receipt confirming his deposit of the dinar, to receive the dollar cash inside the airport exclusively, indicating that upon completing the departure procedures, the amount in dollars will be delivered to him through the outlets available at the airport, 24 hours a day and 7 days a week.
Note that the Central Bank decided to allow exchange companies to receive more than one share during the week in order to fully respond to travelers’ requests.
Central Bank of Iraq
information Office
4 - July - 2024
https://cbi.iq/news/view/2611
