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Thread: How to open a Warka Account

  1. #1
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    How to open a Warka Account

    Option 1: Apply for Warka Account at Warka website.
    At the current time it is possible to simply apply online and then wire funds into your account. To apply online, you will need a digital copy (JPEG or PDF) of your passport or government ID. You will also need to Type your address on a text or word file to upoad with your application. Click here to apply online for an account at Warka Bank.

    Option 2: Email Warka Bank with appropriate documents.
    Compose an email to IFRD@Warka-Bank-Iq.com with the following text:

    I would like to open a USD and IQD account with Warka Investment Bank. I am attaching a copy of my ID and the required Authorization Letter.

    Thank you,

    (your name)

    Attach the following items to your email:

    This completed Authorization Form
    A digital (JPEG or PDF) copy of your government approved ID.
    Last step get funds in your Warka Account.
    Finally, you will need to fund your account in order to invest in Iraqi Dinar (Savings or ISX or both). Once you have your accounts open at Warka, you can fund them by wiring from your bank to:

    Account Number: 36908969
    Account Name: Warka Bank for Investment & finance
    Bank Name: Citibank NA
    Branch: New York
    Swift Address: CITIUS33
    Fed Wire: 021000089
    Beneficiary name and Account Number:
    (Your Name)
    (your IQD Savings number)

    (It would obviously be advisable to email Warka to verify that the information has not changed.)

    Word of advice: The minimum balances are $150US plus 300,000 IQD. At current rates (1170 Iraqi Dinar per $1 USD) you will need to send about $425, plus whatever you want to use to buy stocks with.

    Read on for information on how to purchase stocks on the Iraqi Stock Exchange!

  2. #2
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    Re: How to open a Warka Account

    Good post. Thanks stardogger.

  3. #3
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    Re: How to open a Warka Account

    Does anyone here have a Warka account? If so how is it working for you? Just curious.

  4. #4
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    OK stupid question....if you are a US citizen why do you need a passport?

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