Directive and warning
March 26, 2023
The Central Bank of Iraq would like to inform electronic payment companies / collectors of the need to direct and warn all their agents / outlets for cash withdrawals directly not to use POC devices outside Iraq, and to take the necessary measures by them to obtain a written undertaking within a maximum period of 1/5/2023, otherwise the company will bear and the violating agent / executor has all the legal consequences, and their companies must follow up, investigate and put in place the necessary policies to ensure that these devices do not work outside Iraq.
