First Iraqi Bank for Business

First Iraqi Bank has created a fully digital onboarding process that is compliant with KYC guidelines and legal requirements. This means that you can easily open a bank account in less than 5 minutes, without having to physically visit a branch. All you need is your ID card or passport, making the process quick and convenient. If you are a KRG employee, you can even get onboarded even faster.

The First Iraqi Bank app offers a variety of features to make banking easier and more accessible. You can quickly and conveniently deposit and withdraw cash using a wide network of merchants all around Iraq. This is done by simply showing your unique QR code or scanning a QR code provided by the merchant. Your balance will be updated in a matter of seconds, making transactions fast and efficient.

The app also offers a QuickPay feature, allowing you to pay for goods and services by scanning a QR code generated by the merchant. This only takes seconds, making it a convenient option for everyday purchases. Additionally, you can easily convert your money between IQD, USD, and EUR, giving you the flexibility to store and spend your money in different currencies.

First Iraqi Bank also offers money transfer services, allowing you to send money to other First Iraqi Bank account holders within seconds. You can also make local and international transfers to other banks, making it easy to manage your finances and send money to loved ones. The app also provides a detailed view of your transactions and balance history, helping you stay on top of your finances.

The Service Store feature allows you to purchase vouchers and gift cards from over 100 different providers using your current balance. These vouchers and gift cards will appear in your app's wallet, where you can also share them with friends and family. Additionally, the app offers a money boxes feature, allowing you to save money for specific goals or purchases.

With First Iraqi Bank, you can easily find the nearest branch office or merchant on a map, making it convenient to access banking services. You can also set a spending limit to control your monthly expenses and receive notifications if you go over the limit. And for those who are unable to physically visit a merchant, the app offers a cash delivery service where you can schedule cash withdrawals and deposits.

For businesses with multiple branches, the app offers a "Terminals" feature where subaccounts can be added or deleted to function as payment stations. This gives businesses full control over their operations and makes it easier to serve customers. Overall, First Iraqi Bank's app provides a seamless and efficient banking experience for its users.