Trade Bank of Iraq launches online banking system and mobile application for its customers

Baghdad: The Trade Bank of Iraq (TBI) today launched its online banking system and mobile app as part of its efforts to meet customer needs and provide seamless banking experiences.

Available in English and Arabic, the online banking system and mobile app will provide safe and secure banking convenience, allowing customers to complete their banking transactions more easily.

The launch comes on the heels of a successful soft launch in April by TBI. Developed by Finastra, a leading financial technology organization, the launch of the online system and mobile app comes at a crucial time in response to the COVID-19 pandemic where people will be able to minimize the number of physical visits to TBI branches as well as significant time savings.

Among the key features is the international money transfer option, a first of its kind for Iraqi banks which will allow TBI customers to transfer funds to any bank in the world.

In addition to having access to their accounts and knowing their daily and monthly withdrawal limits, customers can also view the balance of each account, view their transaction history for up to one year and view their bank statements.

The mobile app, which can be downloaded from the Apple App Store and Google Play, also allows customers to see the nearest ATMs and TBI branches.

Dr. Salem Jawad Chalabi, TBI Chairman and Chairman of the Board, said, “Today is a historic day for the Trade Bank of Iraq as we introduce our online banking system and app for the first time. mobile.

“With more people using smartphones and computers and having internet access, the online banking system and mobile app will help take banking experiences to the next level.

“Safe and secure, they have both been created to make life easier for our customers, giving them the possibility to carry out their banking transactions in the way that suits them best. At the same time, it also provides more flexibility and convenience, allowing our customers to manage their accounts and money from anywhere, anytime with just a few clicks of a button.

“This is an important chapter in our history that will significantly improve the customer experience and help propel TBI’s growth in Iraq and around the world.”

Since its establishment in 2003, TBI has become one of the leading banks in Iraq. It has played a vital role in achieving its strategic objectives both in business and in assisting with the ongoing reconstruction of Iraq, enhancing its reputation as a capable institution with access to global financial networks.

After opening its first branch outside Iraq in Riyadh, Kingdom of Saudi Arabia, TBI plans to modernize its representative office in the Abu Dhabi global market and expand its branch network inland. and outside Iraq, and to launch the first branch bank in Europe making Iraq the leading bank for financing and investment solutions.

© Press release 2021

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