Visa Classic

VISA CLASSIC

Features:

1. Card validity is: (3) years.
2. The card’s currency is Iraqi Dinar “IQD”.
3. The card is linked to a bank account.
4. This Card may be used locally and internationally the currency of such any country outside Iraq.
5. It supports contactless payment for easy and secure transactions.
6. It provides free cash deposits and withdrawals through all bank branches or ATMs.
7. VISA CLASSIC may be used for online purchases or direct purchases via POSs inside and outside Iraq.

Limits of Use:

1. Cash withdrawal from ATMs inside Iraq limit is (IQD 2,000,000) two million Iraqi Dinars per day, with a monthly limit of (IQD 60,000,000) sixty million Iraqi Dinars.
2. 2. Cash withdrawal from ATMs outside Iraq limit is (USD 100) one hundred US dollars per day or its equivalent in other currencies, with a monthly limit of USD 500 five hundred US dollar or its equivalent in other currencies.
3. The daily and monthly limit for purchases and direct payments via POSs and websites inside Iraq is (unrestricted).
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) four thousand US dollars 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) twenty thousand US dollars or its equivalent in other 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) fifty thousand US dollar or its equivalent in other currencies, including the basic monthly limit.

Fees and Issuance:

1. Card issuance or renewal fee is (IQD 5,000).
2. SMS activation fee is (IQD 25,000) which will be deducted annually from the customer’s balance without prior notice (This is an Optional service for customers willing to receive SMS alerts).
3. Cash withdrawal fee from non-TBI ATMs (which are within the National Switch) inside Iraq is (0.004), according to the Central Bank of Iraq instructions.

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