Al-Souq Exchange Company, Limited Liability, Category B

Al-Souq Exchange Company offers the following services:

  • Domestic remittances with companies licensed by the Central Bank of Iraq under a correspondent/agent agreement.

  • Buying and selling foreign currencies according to the price list issued by the Central Bank of Iraq.

  • Foreign currency window operations, allowing the purchase of US dollars from the Central Bank through banks and selling them to the public at a rate set by the Central Bank, to meet the needs of citizens for travel purposes outside the Republic of Iraq.

  • A principal agent for electronic payment service companies licensed by the Central Bank of Iraq for issuing and loading electronic cards and salary payment operations.

About
Services

Al-Souq Exchange Company is a Category (B) exchange company, and by law, it is required to be regulated by the Central Bank and the Anti-Money Laundering Authority in the Republic of Iraq.