nbirq.com Opening Personal Accounts : National Bank of Iraq

Name of the Organization :National Bank of Iraq
Type of Facility : Opening Personal Accounts
Country : Iraq

Official Website : http://www.nbirq.com/node/68

Opening Personal Accounts :

NBI Current Account :
A convenient account in both Iraqi Dinar and US Dollar that gives you the flexibility of carrying out your various banking requirements through cheques, branch tellers and debit cards (starting end of 2012). Requires no minimum balance maintenance.

Related : National Bank of Iraq Commercial Banking of Business Account : www.statusin.org/5653.html

NBI Savings Accounts :
An interest bearing savings account with no restrictions on deposits or withdrawals- a great way to combine high returns with flexibility. Interest is paid-out based on minimum monthly balance at 7% for IQD and 2.5% USD accounts.

NBI Time Accounts :
A great way to maximize return on your excess liquidity through a wide maturity range of time deposits in Iraqi Dinar and shorter term time deposits in US dollars :
** Time deposit (2-years) IQD 8.5%
** Time deposit (1-year) IQD 8.0%
** Time deposit (6 months) IQD 7.5%
** Time deposit (>1 year) USD 2.5 %

Regional Account :
Individuals, whose lifestyles require them to bank in both Iraq and Jordan, can enjoy all the benefits of the NBI Current Account plus the ability to conveniently open an account with Capital Bank Jordan from your branch in Iraq (conditions apply), that provides you with full benefits including cheques book and complementary debit cards.

Regional Select Account :
Beyond all the benefits of the NBI Regional Account, you can take advantage of the priority Select service while in Jordan; a unique and exclusive service for our distinguished customers. To benefit from this service, a minimum average monthly balance of USD 150,000 or equivalent is required in your current account.

Regular transfers and standing orders to single or multiple recipients :
** Easily transfer funds between accounts with NBI in the different governorates including between Baghdad, Basra and Erbil.
** Easily transfer funds to accounts with other banks in Iraq.
** Easily transfer funds between NBI and Jordan through Capital Bank.
** Easily transfer funds between NBI and the rest of the world with the added security of using Capital Bank as a gateway to the world.

NBI Personal Loans :
To finance your personal ambitions, we offer loans in Iraqi Dinars at competitive rates and flexible terms up to 2 years at an annual interest rate of 13%.

About Us :
The National Bank of Iraq (NBI) was founded in 1995 as a publicly traded, private sector company, offering comprehensive banking services to individuals and businesses in Iraq. As a result of the Bank’s success and to fuel future growth, its paid up capital was increased from the initial 400 million IQD (USD 361,000) to IQD 250 billion (USD 215 million) in December 2013.

In 2005, Capital Bank Jordan acquired majority shares (61.85%) in the Bank, allowing NBI to evolve its business offerings, strengthen its global footprint, and promote financial inclusion across the country.

Contact Us :
National Bank of Iraq,
Head Quarter building, Saadoon St.
Near Al- Ferdous Square
Baghdad