Fees & Limits

Small Merchant Wallet

For small businesses and sole traders accepting digital payments

Transaction Type Fees Limits
Wallet Capacity 30,000,000 IQD
Cash-in via agents 3,000 IQD per transaction 20,000,000 IQD Monthly
Cash-in via CDM 3,000 IQD per transaction 20,000,000 IQD Monthly
Cash-out from agents 0.75%
(min 750 IQD)		 10,000,000 IQD Monthly
Transfer from TIB Online to IraqPay Free Wallet Capacity
Transfer to TIB account 0.25%
(min 250 IQD)		 10,000,000 IQD Monthly
Transfer to other IraqPay wallets (except agents) 0.25%
(min 250 IQD)		 10,000,000 IQD Monthly
Required Documents
•Business evidence

Merchant Wallet

For established merchants with higher transaction volumes

Transaction Type Fees Limits
Wallet Capacity 500,000,000 IQD
Cash-in via agents 3,000 IQD per transaction 10,000,000 IQD Monthly
Cash-in via CDM 3,000 IQD per transaction 10,000,000 IQD Monthly
Cash-out from agents 0.75%
(min 750 IQD)		 2,500,000 IQD Daily
Transfer from TIB Online to IraqPay Free Wallet capacity
Transfer to TIB account 0.25%
(min 250 IQD)		 500,000,000 IQD Monthly
Transfer to other IraqPay wallets (except agents) 0.25%
(min 250 IQD)		 500,000,000 IQD Monthly
Required Documents
•Ownership deed or Lease contract for Workplace
•ID of commercial Chamber or Profession practice certificate
•Business owner’s bank confirmation letter (signed and stamped)

Corporate Wallet

For companies, enterprises, and registered organizations

Transaction Type Fees Limits
Wallet Capacity 20,000,000,000 IQD
Cash-in via agents 3,000 IQD per transaction 10,000,000 IQD Monthly
Cash-in via CDM 3,000 IQD per transaction 10,000,000 IQD Monthly
Cash-out from agents 0.75%
(min 750 IQD)		 2,500,000 IQD Daily
Transfer from TIB Online to IraqPay Free Wallet capacity
Transfer to TIB account 0.25%
(min 250 IQD)		 500,000,000 IQD Monthly
Transfer to other IraqPay wallets (except agents) 0.25%
(min 250 IQD)		 500,000,000 IQD Monthly
Required Documents
•Company Registration Certificate
•Company Meeting Minutes
•Articles of Incorporation (Incorporation Resolution)
•Company Bank Account Confirmation Letter(signed and stamped)
•Lease Agreement for the Company’s Head Office in Iraq or a Valid Property Ownership Deed
•Business owner’s bank confirmation letter (signed and stamped)
•National Card of the Authorized Representative or Managing Director
•Residence Card of the Authorized Representative or Managing Director
•National Card of the Company’s Shareholders
•Residence Card of the Company’s Shareholders
•NGO Internal Regulations (Bylaws)
•NGO Official Registration & License

Note: All fees and limits are set in accordance with Central Bank of Iraq (CBI) regulations and are subject to change. All amounts in Iraqi Dinar (IQD).
Last updated: June 2026.