Tailored financial solutions for your company and employees

At Byblos Bank Iraq, we differentiate ourselves with exceptional customer service. We don’t negotiate on our core principles: customer protection, banking secrecy and privacy, integrity, and transparency. We offer tailored banking solutions designed to meet the unique needs of your business and employees. With advanced technology, secure services, and expert guidance, we ensure your business achieves financial success and long-term growth while delivering added value to your team.

Company Services

Account Management:

• Open current accounts in all major currencies
• Enjoy preferential exchange rates
• Facilitate salary domiciliation for your employees
• Access our corporate online banking platform free of charge
• Open savings accounts with competitive interest rates

Financial Services:

• Apply for company credit cards
• Request commercial facilities
• Perform all types of local and international payments
• Issue and collect cheques
• Apply for POS and Payment Gateway services

Value Added Services for Salary Domiciliation:

• Save time for HR and finance teams
• Improve cash flow management for businesses
• Enhance employee satisfaction
• Increase transparency and trust
• Improved employee financial literacy

Employee Services

Account Management:

• Open current account for the salary domiciliation
• Issue debit cards instantly
• Apply for retail loans and credit cards at a preferential rate
• Get free access to Mobile Application
• Open deposit accounts with competitive interest rates
• Execute all types of payments

Additional Benefits:

• Free SMS alert for account transactions
• Optional SMS alerts for salary payment
• Rent safe deposit boxes
• Receive expert financial advice

Value Added Services for Salary Domiciliation:

• Access to banking products and services
• Eligibility to credit facilities
• Building strong credit history
• Easy access to local and international payments
• Visa application support via bank account history
• Reduced financial risk
• Higher employee satisfaction

Company Eligibility

• Legally registered company and operating in Iraq
• Minimum of 10 local employees
• Holder of Corporate Bank Account with Byblos Bank Iraq

Fees & Commissions

Free Services:

• Account opening for companies and employees
• Corporate online banking and e-statement for employers
• Mobile banking and e-statements for employees

Applicable Fees:

• Employers: salary domiciliation service fee based on the number of employees.
• Employees: monthly account and debit card management fees.
• Discounted fees are available on products and services for Group Offering Clients.

Required Documents

Company:

• Fill in bank form with full details of the employees
• Sign Salary Domiciliation Protocol

Employees:

• Valid ID for Iraqi employees
• Valid passport and residence permit for non-Iraqi employees