L/Cs Dept. & Foreign L/Gs

    L/Cs Dept. do effective and important role in serving bank’s clients in different sectors through execution their application for issuing documentary credits for import as well as letter of Guarantees

    This type of activity is limited now in the main branch of our Bank, a bank a pledge issued a credit against solid collateral, Bank hereby undertakes pledged irrevocably to pay documents value submitted by someone when you accept .

     

    Types of L/Cs

    1 - Credits issued for the purposes of import Goods
    2 - Credits issued for the purposes of the exported Goods

     

    Products & Services provided by International Division

    1- Issuing and advising  documentary credits  to beneficiaries inside and outside Iraq

         

    Issuing banking Guarantees  to beneficiaries inside and outside Iraq 

    collection the amount cheque withdrawn on third party ( foreign bank )

         

    Contact Details of Intl. Division

     E-mail :  LC_dept@ibi-bankiraq.com

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