Inactive bank accounts
Dear CBIQ’s customers,
you are kindly requested to use your current accounts (individuals and corporates)
On regular basis to avoid being frozen based on the latest instructions issued by the Central Bank of Iraq titled “Banks Inactive Accounts “letter no. 479/2/9 dated no. 19/12/2021 which stated that (current accounts will be frozen in the case of being not used / inactive for nearly 1 year starting from the last financial transaction made). Hence, and in order to reactivate your frozen accounts please follow the steps below: –
1- The owner of the account or his/her legal representative to attend the bank and submit all personal documentations.
2- To sign and submit a request of re – activate (unfreeze) the current account.
Your cooperation is highly appreciated.
The Commercial Bank of Iraq