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CBI denies trading the million-dollar category, as it is a non-cash category

February 05, 2020
CBI denies trading the million-dollar category, as it is a non-cash category



The promotion of Commemorative banknotes of one million dollars category has increased recently, used to fraud and deceive citizens, which is a Commemorative banknote not traded in the global money markets issued by the American Millionaires Association. This category is not a banknote because the American Federal Bank does not issue it. It does not represent any financial bond and used for gifting purposes only. The highest category of trading in US dollars is the (100) dollar category.
 
Therefore, the Central Bank of Iraq calls on the honorable citizens not to deal with such categories and calls on the security and supervisory authorities to prosecute those who trade the aforementioned category and inform this bank to take legal measures against them.
 
The Central Bank of Iraq
Media Office
February 5, 2020