Al Janoob Islamic Bank 2026 Banking Services Tariff
Bank-Wide Banking Services Tariff
No. Service / Product Service Fee (If Applicable) Remarks / Notes
1 Bank Account Opening – Individuals (Current Account / Savings Account / Investment Deposit Account) Free of Charge No Fees
2 Payroll Account Opening Free of Charge No Fees
3 Bank Account Opening – Company Under Incorporation (Based on the Companies Registrar Letter) IQD 25,000 Charged upon account opening
4 Bank Account Opening – Companies & Offices IQD 25,000 Charged upon account opening
5 Account Closure Fee Free of Charge No Fees
6 Combined Account Maintenance Fee and Salary Credit Processing Fee for Payroll Localization Beneficiaries (Public & Private Sectors) IQD 2,000 Monthly
7 Account Maintenance Fee – Individuals (Non-Payroll Localization Accounts) IQD 25,000 Annually
8 Account Maintenance Fee – Companies & Offices (Non-Payroll Localization Accounts) IQD 50,000 Annually
9 Dormant Account Reactivation Fee – Individuals IQD 10,000
10 Dormant Account Reactivation Fee – Companies & Offices IQD 25,000
11 Closed Account Reactivation Fee – Individuals Free of Charge Account Opening Fee Applies
12 Closed Account Reactivation Fee – Companies & Offices IQD 25,000
13 Customer Banking Relationship Confirmation Letter – Individuals / Payroll Accounts IQD 15,000
14 Customer Banking Relationship Confirmation Letter – Companies IQD 75,000
15 25-Leaf Chequebook Issuance Fee – Individuals IQD 30,000
16 50-Leaf Chequebook Issuance Fee – Individuals IQD 50,000
17 25-Leaf Chequebook Issuance Fee – Companies & Offices IQD 30,000
18 50-Leaf Chequebook Issuance Fee – Companies & Offices IQD 50,000
19 Stop Payment Order Fee (Lost / Stolen / Damaged Cheque) – Individuals IQD 25,000 Per Request, Regardless of Number of Cheques
20 Stop Payment Order Fee (Lost / Stolen / Damaged Cheque) – Companies & Offices IQD 50,000 Per Request, Regardless of Number of Cheques
21 Returned Cheque Fee Due to Insufficient Funds (Charged to Drawer) – Individuals & Companies IQD 25,000
22 Cheque Protest Certificate Issuance Fee – Individuals IQD 5,000 Waived if the Cheque Amount is Less than IQD 100,000
23 Cheque Protest Certificate Issuance Fee – Companies & Offices IQD 10,000 Waived if the Cheque Amount is Less than IQD 200,000
Fixed Deposits / Investment Deposits
1 Investment / Fixed Deposit Account Opening Fee Free of Charge No Fees
2 Investment / Fixed Deposit Renewal Fee Free of Charge No Fees
3 Early Termination of Investment / Fixed Deposit Free of Charge No Fees
Financial Transactions – Cash Deposits (Over the Counter or Through Cash Deposit Machines)
1 Cash Deposit (IQD 50,000 Notes) IQD 1,000 Per Bundle or Part Thereof
2 Cash Deposit (IQD 25,000 Notes) IQD 2,000 Per Bundle or Part Thereof
3 Cash Deposit (IQD 10,000 Notes) IQD 5,000 Per Bundle or Part Thereof
4 Cash Deposit (IQD 5,000 Notes) IQD 20,000 Per Bundle or Part Thereof
5 Cash Deposit (IQD 1,000 Notes) IQD 25,000 Per Bundle or Part Thereof
6 Cash Deposit (IQD 500 Notes) IQD 30,000 Per Bundle or Part Thereof
7 Cash Deposit (IQD 250 Notes) IQD 35,000 Per Bundle or Part Thereof
Financial Transactions – Cash Withdrawals
1 Cash Withdrawal (IQD) at Account-Holding Branch – Individuals Free of Charge
2 Cash Withdrawal (IQD) at Account-Holding Branch – Companies Free of Charge
3 Cash Withdrawal (IQD) from Another Branch within the Same Governorate – Individuals Free of Charge
4 Cash Withdrawal (IQD) from Another Branch within the Same Governorate – Companies Free of Charge
5 Cash Withdrawal (IQD) from a Branch in Another Governorate – Individuals 0.001 1‰ (One per Thousand), Minimum IQD 25,000
6 Cash Withdrawal (IQD) from a Branch in Another Governorate – Companies 0.001 1‰ (One per Thousand), Minimum IQD 50,000
Financial Transactions – Account Transfers
1 Transfer Between the Customer's Own Accounts Within the Same Branch or Another Branch Free of Charge No Fees
2 Transfer Between the Customer's Own Accounts Across Different Governorates 0.001 Minimum IQD 25,000 Charged to the Beneficiary
3 Transfer Between Different Customers' Accounts Within the Same Branch 0.00025 Minimum IQD 5,000 Charged to the Beneficiary
4 Transfer Between Different Customers' Accounts Within Baghdad 0.00025 Minimum IQD 10,000 Charged to the Beneficiary
Financial Transactions – Account Transfers (Continued)
5 Transfer Between Different Customers' Accounts Across Branches in Different Governorates 0.001 Minimum IQD 25,000 Charged to the Beneficiary
Financial Transactions – Certified Cheques & Bank Drafts
1 Certified Cheque Issuance Fee – Less than IQD 1 Million IQD 35,000
2 Certified Cheque Issuance Fee – More than IQD 1 Million up to IQD 10 Million IQD 50,000
3 Certified Cheque Issuance Fee – More than IQD 10 Million up to IQD 25 Million IQD 75,000
4 Certified Cheque Issuance Fee – More than IQD 25 Million IQD 100,000
5 Bank Draft Issuance Fee – Less than IQD 1 Million IQD 25,000 Stamp Duty of 0.003 Applies
6 Bank Draft Issuance Fee – More than IQD 1 Million and Less than IQD 10 Million IQD 40,000 Stamp Duty of 0.003 Applies
7 Bank Draft Issuance Fee – More than IQD 10 Million up to IQD 25 Million IQD 60,000 Stamp Duty of 0.003 Applies
8 Bank Draft Issuance Fee – More than IQD 25 Million IQD 75,000 Stamp Duty of 0.003 Applies
9 Cheque Cancellation Fee IQD 5,000
10 Certified Cheque / Bank Draft Cancellation Fee IQD 10,000
Financial Transactions – International Transfers via SWIFT
1 Outgoing SWIFT Transfer Fee – Individuals As Agreed
2 Outgoing SWIFT Transfer Fee – Companies As Agreed
3 SWIFT Charges USD 100
4 Non-Financial SWIFT Message Fee (Confirmation, Inquiry, Cancellation, Amendment) USD 25 Applicable Only Upon Customer Request
5 Incoming SWIFT Transfer Fee – Individuals 0.001 Minimum USD 10
6 Incoming SWIFT Transfer Fee – Companies 0.001 Minimum USD 20
Credit Facilities Fees
1 Document Authentication Fee – Within the Same Governorate IQD 50,000 N/A
2 Document Authentication Fee – Outside the Governorate IQD 75,000 N/A
3 Site Inspection Fee for Small & Medium Projects – Within the Same Governorate IQD 100,000 N/A
4 Site Inspection Fee for Small & Medium Projects – Outside the Governorate IQD 200,000 N/A
5 Site Inspection Fee for Large Projects – Within the Same Governorate IQD 250,000 N/A
6 Site Inspection Fee for Large Projects – Outside the Governorate IQD 500,000 N/A
7 Property Site Inspection Fee – Within the Same Governorate IQD 100,000 N/A
8 Property Site Inspection Fee – Outside the Governorate IQD 200,000 N/A
9 Mortgage Release Letter Issuance Fee – Within the Same Governorate IQD 50,000 N/A
10 Mortgage Release Letter Issuance Fee – Outside the Governorate IQD 100,000 N/A
11 Credit Inquiry Fee IQD 15,000 N/A
12 Individual Credit Facility Processing Fee 0.50% Maximum IQD 30,000,000
13 Corporate Credit Facility Processing Fee 0.50% Maximum IQD 30,000,000
14 Administrative Fee for Funded and Non-Funded Credit Facilities (Individuals & Companies) 0.003 Minimum IQD 250,000
15 Clearance Certificate Issuance Fee – Payroll Individuals Free of Charge No Fees
16 Clearance Certificate Issuance Fee – Individuals IQD 25,000 Flat Fee
17 Clearance Certificate Issuance Fee – Companies & Offices IQD 100,000 Flat Fee
18 International Commodity Purchase Fee for Murabaha Financing Product (Islamic Banking) IQD 75,000 Flat Fee
Financial Capability Letter Fees
1 Financial Capability Letter – Less than IQD 1,000,000,000 IQD 5,000,000
2 Financial Capability Letter – IQD 1,000,000,000 to IQD 5,000,000,000 IQD 10,000,000
3 Financial Capability Letter – IQD 5,000,000,001 to IQD 10,000,000,000 IQD 15,000,000
4 Financial Capability Letter – IQD 10,000,000,001 to IQD 15,000,000,000 IQD 20,000,000
5 Financial Capability Letter – IQD 15,000,000,001 to IQD 20,000,000,000 IQD 25,000,000
6 Financial Capability Letter – IQD 20,000,000,001 to IQD 25,000,000,000 IQD 30,000,000
7 Financial Capability Letter – IQD 25,000,000,001 to IQD 30,000,000,000 IQD 35,000,000
8 Financial Capability Letter – Above IQD 30,000,000,000 Same Calculation as Above Plus IQD 1,000,000 for Each Additional IQD 1 Billion
9 Financial Capability Letter Cancellation Fee IQD 250,000
Financing Plan Fees
1 Financing Plan Preparation Letter Fee IQD 15,000,000 Flat Fee for All Amounts
Financing Plan Fees (Continued)
2 Financing Plan Issuance Fee – Less than IQD 1,000,000,000 IQD 5,000,000
3 Financing Plan Issuance Fee – IQD 1,000,000,000 to IQD 5,000,000,000 IQD 15,000,000
4 Financing Plan Issuance Fee – IQD 5,000,000,001 to IQD 10,000,000,000 IQD 20,000,000
5 Financing Plan Issuance Fee – IQD 10,000,000,001 to IQD 15,000,000,000 IQD 25,000,000
6 Financing Plan Issuance Fee – IQD 15,000,000,001 to IQD 20,000,000,000 IQD 30,000,000
7 Financing Plan Issuance Fee – IQD 20,000,000,001 to IQD 25,000,000,000 IQD 35,000,000
8 Financing Plan Issuance Fee – IQD 25,000,000,001 to IQD 30,000,000,000 IQD 40,000,000
9 Financing Plan Issuance Fee – Above IQD 30,000,000,000 Same Calculation as Above Plus IQD 1,000,000 for Each Additional IQD 1 Billion
10 Financing Plan Cancellation Fee IQD 500,000
Letter of Guarantee (LG) Fees
1 Domestic Bid Bond Issuance Fee – 15% Cash Margin 0.006 Minimum IQD 250,000
2 Domestic Bid Bond Issuance Fee – 25% Cash Margin 0.005 Minimum IQD 250,000
3 Domestic Bid Bond Issuance Fee – 50% Cash Margin 0.004 Minimum IQD 250,000
4 Domestic Bid Bond Issuance Fee – 75% Cash Margin 0.0035 Minimum IQD 250,000
5 Domestic Bid Bond Issuance Fee – 100% Cash Margin 0.003 Minimum IQD 250,000
6 Domestic Performance Guarantee Issuance Fee – 15% Cash Margin 0.006 Minimum IQD 250,000
7 Domestic Performance Guarantee Issuance Fee – 25% Cash Margin 0.0055 Minimum IQD 250,000
8 Domestic Performance Guarantee Issuance Fee – 50% Cash Margin 0.0045 Minimum IQD 250,000
9 Domestic Performance Guarantee Issuance Fee – 75% Cash Margin 0.004 Minimum IQD 250,000
10 Domestic Performance Guarantee Issuance Fee – 100% Cash Margin 0.0035 Minimum IQD 250,000
11 Domestic Advance Payment Guarantee Issuance Fee – 25% Cash Margin 0.006 Minimum IQD 250,000
12 Domestic Advance Payment Guarantee Issuance Fee – 50% Cash Margin 0.005 Minimum IQD 250,000
13 Domestic Advance Payment Guarantee Issuance Fee – 75% Cash Margin 0.0045 Minimum IQD 250,000
14 Domestic Advance Payment Guarantee Issuance Fee – 100% Cash Margin 0.004 Minimum IQD 250,000
15 Foreign Letter of Guarantee Issuance Fee N/A Same Fees as Domestic Letters of Guarantee
16 Domestic Letter of Guarantee Extension Fee Same as Issuance Fee Same as Issuance Fee
17 Foreign Letter of Guarantee Extension Fee Same as Issuance Fee Same as Issuance Fee
18 Letter of Guarantee Amendment Fee IQD 100,000
19 Domestic Letter of Guarantee Cancellation Fee IQD 100,000
20 Foreign Letter of Guarantee Cancellation Fee IQD 100,000
21 Letter of Guarantee Forms Fee IQD 100,000
22 Stamp Duty 0.003 As per Ministry of Finance Regulations
Documentary Credit (Letter of Credit) Fees
1 Documentary Credit (Letter of Credit) Opening / Issuance Fee Minimum 2% – Maximum 4% Per Annum
2 Drawing / Payment Guarantee Fee for Deferred Payment Letters of Credit Minimum 2% – Maximum 4% Per Annum
3 Financial Amendment Fee (Extension of Validity / Increase in L/C Amount) Minimum 2% – Maximum 4% Per Annum
4 Correspondent Bank Charges As Agreed
5 Shipping Documents Handling Fee / Documentary Overdraft USD 50 Per Document
6 Delivery Order / Endorsement of Documents / Shipping Guarantee Fee USD 25
7 Communication / Courier Charges USD 100
8 Cargo Insurance Fee 0
9 Document Retention Fee USD 100 Charged One Month After Written Customer Notification
10 Document Negotiation Fee As Agreed
11 Documentation Fee USD 80
12 Documentary Credit (Letter of Credit) Cancellation Fee USD 100
Incoming Documentary Credits
1 Incoming Documentary Credit Transfer Fee As Agreed
2 Incoming Documentary Credit Advising Fee Confirmed: 0.002 Unconfirmed: 0.001 (or as agreed)
3 Financial Amendment Fee (Extension / Increase in Amount) 0.001
4 Incoming Documentary Credit Confirmation Fee 5%
Incoming Documentary Credits (Continued)
5 Non-Financial Amendment Fee for Documentary Credit USD 150
6 Document Negotiation Fee As Agreed
7 Incoming Documentary Credit Cancellation Fee USD 100
8 Documentary Credit Funding Fee As Agreed
9 Assignment of Proceeds Fee As Agreed
10 Discrepant Documents Handling Fee USD 100
11 Drawing Guarantee Fee for Confirmed Incoming Documentary Credits As Agreed
Financial Transactions – Real Time Gross Settlement (RTGS) Transfers via the Iraqi Payment System
1 Outgoing RTGS Transfer Fee (IQD) 0.002 Minimum IQD 25,000
2 Incoming RTGS Transfer Fee (IQD) 0.001 Minimum IQD 5,000
3 RTGS Transfer Form Fee IQD 40,000 Flat Fee
4 Other Banking Charges IQD 8,000 Flat Fee
5 RTGS Transfer Amendment Fee IQD 50,000 Upon Customer Request
Financial Transactions – Incoming ACH Credit Transfers (CT)
1 Incoming ACH Credit Transfer Fee (IQD) 0.001 Minimum IQD 5,000
2 ACH Credit Transfer Amendment Fee IQD 50,000 Upon Customer Request
Financial Transactions – Outgoing ACH Credit Transfers (CT)
1 Outgoing ACH Credit Transfer Fee (IQD) 0.002 Minimum IQD 25,000
2 ACH Transfer Form Fee IQD 40,000 Flat Fee
3 ACH Credit Transfer Amendment Fee IQD 50,000 Upon Customer Request
Financial Transactions – Clearing Cheques via ACH
1 Clearing Cheque Deposit Fee (Less than IQD 10 Million) IQD 10,000
2 Clearing Cheque Deposit Fee (More than IQD 10 Million up to IQD 25 Million) IQD 15,000
3 Clearing Cheque Deposit Fee (More than IQD 25 Million up to IQD 100 Million) IQD 25,000
4 Clearing Cheque Deposit Fee (Above IQD 100 Million) IQD 50,000
Financial Transactions – Incoming Clearing Cheques via ACH
1 Incoming Clearing Cheque Fee 0.001 Minimum IQD 25,000
Payroll Localization Services
1 Payroll Localization Service – Public Sector Free of Charge
2 Payroll Localization Service – Private Sector Free of Charge
3 Salary Credit Processing Fee – Public Sector IQD 2,000 Monthly
4 Salary Credit Processing Fee – Private Sector IQD 2,000 Monthly
5 Crediting Bonuses, Incentives, Allowances, Expenses, etc. – Public Sector As Agreed
6 Crediting Bonuses, Incentives, Allowances, Expenses, etc. – Private Sector As Agreed
Electronic Payment Services Fees
1 Debit Card Issuance Fee – Public & Mixed Sector Payroll Accounts IQD 5,000 Classic Card
2 Debit Card Issuance Fee – Private Sector Payroll Accounts IQD 5,000 Classic Card
3 Debit Card Issuance Fee – Individuals Classic: IQD 5,000
4 Debit Card Issuance Fee – Companies Classic: IQD 25,000
5 Card Renewal Fee Classic: IQD 5,000 Upgrade from Platinum to Platinum QI Card: IQD 75,000
6 Classic Card Replacement Fee (Issuer Responsibility) IQD 5,000 Replacement Due to Issuer's Fault
7 Classic Card Replacement Fee (Customer Responsibility) IQD 25,000 Replacement Due to Customer's Request or Fault
8 Platinum / Platinum QI Card Replacement Fee IQD 40,000
9 PIN Reissuance Fee IQD 3,000
10 Card Transaction SMS Notification Service Free of Charge No Fees
11 Annual Card Maintenance Fee Free of Charge No Fees
12 ATM Cash Withdrawal Fee (Account Currency) 0.004 No Minimum Charge
13 POS Cash Withdrawal Fee (Account Currency) 0.006 No Minimum Charge
14 ATM Mini Statement / Account Statement Fee Free of Charge No Fees
15 Purchase Transactions via POS (Account Currency) Free of Charge No Fees