Mastercard

Mastercard

Features and Rules:

1- Card validity is (3) years.

2- The card’s currency is the Iraqi Dinar “IQD” and withdrawal outside Iraq is permitted in that outside country’s currency.

3- Mastercard Card holder may use the card for purchasing online or direct purchase via point-of-sale “POS” devices inside and outside Iraq.

4- The limit on cash withdrawal from ATMs located inside Iraq shall be of (IQD2,000,000) two million Iraqi Dinars per day.

5- The limit on cash withdrawal from ATMs located outside Iraq shall be equivalent to ($500) five hundred Dollars per day, provided that the maximum monthly withdrawal does not exceed the equivalent of ($3,000) three thousand Dollars.

6- The maximum limit for direct purchase via point-of-sale “POS” devices shall be equivalent of (IQD5,000,000) five million Iraqi Dinars per day, provided that the maximum monthly limit does not exceed the equivalent of (IQD 25,000,000) twenty-five million Iraqi Dinars.

7- The maximum limit for online purchasing shall be equivalent of (IQD7,500,000) seven million five hundred thousand Iraqi Dinars per day, provided that the maximum monthly limit does not exceed the equivalent of (IQD 25,000,000) twenty-five million Iraqi Dinars.

8- Supplementary Cards: Card Holder may get issued supplementary cards.

Fees and Commissions:

1- Mastercard issuance fees is (IQD 25,000) in addition to (IQD 25,000) for SMS services (Optional).

2- SMS commission is deducted annually from the customer's account without any prior notice (only for those who have availed the service).

3- Withdrawal commission from non-TBI ATM Inside Iraq is (IQD 1000) for each withdrawal inside Iraq, Outside Iraq shall be charged 5% on the total cash amount.