Regulatory Alerts2025-08-18
Guide to Fees Charged by the Central Bank of Iraq (Revised)
The Central Bank of Iraq issued this revised guide to standardize and publish the official fee schedule for all banking transactions processed through its core payment, clearing, and settlement systems. The document mandates that licensed financial institutions, payment service providers, and designated clearing houses apply fixed fees for Real-Time Gross Settlement (RTGS), Automated Clearing House (C-ACH), Automated Ledger Fee (ALF) services, and Central Securities Depository (CSD) operations. It establishes tiered pricing based on transaction type, currency, and processing speed, while granting the regulator authority to adjust rates via subsequent circulars to ensure market stability and operational efficiency.
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