Visa Platinum

VISA Platinum

Features:

1. Card validity is: Two (2) years.
2. The card’s currency is: (IQD) Iraqi Dinar.
3. The card is linked to a bank account.
4. This Card may be used locally and internationally in the currency of such any country outside Iraq.
5. It supports contactless payment for easy and secure transactions.
6. It free cash deposits and withdrawals through all bank branches or ATMs.
7. VISA Platinum may be used for online purchases or direct purchases via POSs inside and outside Iraq.
8. The cardholder shall be provided with additional Card namely (PRIORITY PASS to enter and enjoy services of VIP lounges available in most world airports.

Limits of Use:

1. Cash withdrawal from ATMs inside Iraq limit is (IQD 2,000,000) per day, with a monthly limit of (IQD 60,000,000).

2. Cash withdrawal from ATMs outside Iraq limit is (USD 100) per day or its equivalent in other currencies, with a monthly limit of (USD 500) or its equivalent in other currencies.

3. The daily and monthly limit for purchases and direct payments POSs and websites inside Iraq is (unrestricted) and determined according to the credit limit granted to the customer.

4. The daily and monthly limit for purchases and direct payments via POSs and websites outside Iraq (basic monthly limit) is equivalent to (USD 4,500) or its equivalent in other currencies.

5. The daily and monthly limit for purchases and direct payments via POSs and websites outside Iraq for travel purposes (airlines, hotels, travel agencies, car rental companies, etc.) is equivalent to (USD 20,000) or its equivalent in other foreign currencies, including the basic monthly limit.

6. The daily and monthly limit for purchases and direct payments via POSs and websites outside Iraq for medical treatment and healthcare services (hospitals, clinics, pharmacies, etc.) is equivalent to (USD 50,000) or its equivalent in other foreign currencies, including the basic monthly limit.

Fees and Issuance:

1. 1. A fee of IQD 70,000 applies for the issuance or renewal of the Visa Platinum Card.
   2. SMS Alert Service is available for IQD 50,000, charged in advance for a two-year subscription period (Optional service).
   3. A security deposit equal to 110% of the approved credit limit is required and will be released 30 days after the card closure request is submitted.
   4. Cash withdrawals from TBI and non-TBI ATMs within Iraq through (the national switch network) are subject to a fee of 0.004.
   5. Cash withdrawals from ATMs outside Iraq are subject to a 5% fee per transaction, with a minimum charge of IQD 5,000 per withdrawal.

Terms and Procedures:

1. The customer shall be one of the bank’s distinguished clients or be introduced by a distinguished client.
2. The Bank shall determine the required collateral for the Customer based on the approved credit limit following its review of the application, and the cardholder shall be obligated to provide such collateral.

(All products, services, and electronic payments cards are subject to the terms, controls, and instructions issued by Trade Bank of Iraq).