((Read!)) How To Get A Warka Investment Bank Online Account Access...

[AAD]

How To Get A Warka Investment Bank Online Account Access

Last updated: 11/09/2010

[NOTE: Please do not send your eMails to Mr. I or the wrong Warka department, doing so will result in the deletion of your correspondence.

“Emails directed to the non-related departments will be removed automatically by our web administrator noting that in accordance with our working procedures senior executive do not handle customer inquiries where it is important to direct your email to the related department at our bank.” – Mr. I - 10/25/2010.

Contact e-Bank@Warka-Bank-IQ.com for all online banking related concerns/questions.]

The online account access form below is only used in case Warka Investment Bank did not give you online access automatically, once funds were in your account. Currently there is an annual fee of 15,000 dinars for online account access and you will need to re-submit the form below yearly, but keep in mind the online access fee may change sometime in the future. So first contact Warka Investment Bank to get the latest fee and then fill out the request form below accordingly. It may take up to a week or two to get your online account login details.

You can go to Warka-Bank.com to download their form or simply use the more simple one that I posted below.


---> To get online account access, download the "Online Account Access Request Form" file attached at the bottom of this post. Print it, fill it, sign it, scan it and save it as a PDF file. If you don't have a scanner, please go to your nearest copy/printing shop and they can help you save it onto a disk. Now send the PDF attached with your online account eMail request to: e-Bank@Warka-Bank-IQ.com

Here’s an example eMail for the Online Account Access request:


Hello,

Please note that attached to this eMail is an Online Account Access authorization PDF form to be applied to my Warka Investment Bank account.

Thank you,


> Below is an example of how the Online Account Access form is used:


I, __(Your Name)__ authorize Warka Investment Bank to withdraw an annual fee of __(15,000)__ Dinars from my IQD Savings Account #__(Your Warka Account)__ to allow __(Your Name)__ with full secure online access to Account #__(Your Warka Account)__. Warka Investment Bank must provide __(Your Name)__ with a User Name and Password that can be used to login and benefit from any and all of Warka Investment Bank online services. This authorization shall expire one year from the signed date below or upon written notice by the legal account owner named above.

Party in full agreement, signed below.

_____________(Your Name)____________ Date_____________
Legal Account Owner & Investor

__________________________________________________ ________________________

NOTE: If you lose your password or it did not work to start with, or you had 3/4 invalid login tries into your account, your password will simply stop working. Should any of the previous problems occur, ask to have your password reset. It may take about a week or more to get your new password eMailed to you. You can contact e-Bank@Warka-Bank-IQ.com regarding any personal and important online account issues.

None of the above is to be taken as financial or legal advice... - AAD

____________________________Important_____________ ________________

Whenever eMailing Warka Investment Bank for whatever important issue, do it around their business hours and preferably in the morning 8-11am Sun-Thurs Iraqi time. Never send them more than one email per day, just be patient for a response. Sometimes Warka Investment Bank may be very busy and what should normally take a few days, can take a week or more. If you also factor in any holidays in Iraq (and Germany if wiring funds) those can also delay the response process. Please don't drown them with eMails because this in the end will affect everyone's response time. Remember for common questions/tips you can always simply ask them here at the forum instead of eMailing Warka with non crucial questions. You can check the current Baghdad time before eMailing them: www.timeanddate.com/worldclock/city.html?n=27

Contacting Warka Investment Bank

Below are the contact details of the related departments at Warka's Main Iraqi Branch that will handle your specific requirements and inquiries. Please direct your emails directly to the related department where a full response should be provided within 3 business days. Inquiries/emails directed to the wrong department will be automatically disregarded; emails sent over the weekend (Friday & Saturday Iraqi time) or on Iraqi holidays will also be disregarded.

For any information concerning opening an account at any Warka branch, please contact: C.Accounts@Warka-Bank-IQ.com

The contact details below are only for clients holding or wishing to hold accounts at the Main Branch.

For any general information you may need to ask, please contact: Info@Warka-Bank-IQ.com

For any information concerning opening CDs, wire transfer confirmations for clients whom do not have online access, exchanging funds for clients whom do not have online access, bank account statements, please contact: C.Services@Warka-Bank-IQ.com

For any information concerning online/e-banking, please contact: e-Bank@Warka-Bank-IQ.com

For any information concerning the Iraq Stock Exchange (ISX), please contact: ISX@Warka-Bank-IQ.com

Official Warka Investment Bank Website

www.Warka-Bank.com

I wish you the best of luck and prosperity...

[sweetDWillie]

Does anyone know if there is a routing number for NBK? I was provided a Swift number that doesn't seem to working with what I am trying to acomplish. Please advise

[chrisdab]

Has anyone opened the online access part of their account? What benefits do you get with this option?

[AAD]

Has anyone opened the online access part of their account? What benefits do you get with this option?

It allows you to check your balance or transfer funds between your USD/IQD accounts (might also be useful for seeing funds that went towards ISX purchases). It also helps with what is quoted below by TreasureHunter...

It's no problem getting your money back out of Baghdad IF you have a plan and have made the proper preparations!

Here is what you have to do!

1. Have a Warka Account and get "ONLINE ACCOUNT ACCESS!"

2. Open a Bank account in your country at one of the bigger banks....one that uses the SWIFT system. I used Chase!

3. Get that banks SWIFT code! That is an "International Bank Identifier Code." A "BIC Code" or ABA# WILL NOT WORK! Been there...Done that....WASN'T GONNA HAPPEN! They are for"DOMESTIC USE ONLY!"

4. Log in to your Warka Online Account and access the tab in one of the dropdown menus at the left side of the page that says "AD EXTERNAL BENEFICIARY."

5. Enter the appropriate information...INCLUDING the SWIFT code you procured earlier.

6. Wait 3-4 days until you receive a message in your online inbox that your request was APPROVED!

7. ALSO! Set up both Warka accounts (IQD AND USD etc.) as "INTERNAL BENEFICIARIES." This can be done by accessing the "AD INTERNAL BENEFICIARIES" tab and submitting the appropriate information.

8. Wait for APPROVAL.

Now! You're Set!!! When The IQD or STOCKS go up and you wish to get some money transfered back to you state side......

DO THE FOLLOWING!!!

1. Transfer funds from you IQD account to your USD account (Or whatever currency you use) through the "INTERNAL TRANSFER" tab.

2. Transfer funds from your USD account at Warka to your USD account at, for example...CHASE...through the "EXTERNAL TRANSFER" tab.

3. Wait for the money to come rolling in! Of course transfer fees apply, which have been stated in another thread.

4. There is a tab to monitor the progress of your transfer on the Warka site also.

So! Some of us Do Have a CLUE........and NOW....So Do You!

Hope This Helps!!!

[AAD]

Just a quick question for those who have both USD and IQD accounts with Warka.

My online banking has only one account listed - (IQD) .
I opened the IQD account years ago when they didn't bother with USD account.
Is the account number the same for USD and IQD ( maybe a different ending #) ?
Does this show up as two different accounts in your Online Query ?

I am trying to establish a USD account for internal transfers.
I have emailed Warka, but who knows if and when they might get back to me.
Thanks for any help,
MEDSOUTH

Hi MEDSOUTH,

The USD account will be numbered differently (by a digit to facilitate any transfers within their online system for your account) then the IQD account, two accounts will show up (see the attached pic)...

[AAD]

Thanks AAD,
Looks like the difference in account numbers is IQD-001 USD-002
I need to set up that USD account in order to transfer $ home eventually.
I can probably set up my internal transfer with the 002 for the USD account.
Will try it and see what happens.
Thanks again
MEDSOUTH

Yup, you are correct...

[TreasureHunter]

Has anyone opened the online access part of their account? What benefits do you get with this option?

........D-Day Comes!.....RV at LAST!!!.......$3.20 USD to 1 IQD........Everyone is sending their dinar to Warka to cash in because the banks haven't sorted things out from all of the mayhem and received authorization to exchange the dinar yet...Or! They're exchanging it and taking an exorbitant amount in fees! People anxiously wait to receive notice from Warka that their Dinar was received and exchanged at the "going rate at that day"....but! due to the The much understaffed Warka being overwhelmed by all of the fedex packages of dinars showing up.....it takes several weeks to process all of the request. Then! When you finally receive your notification.....you find that the "going rate at that day" has drastically plummeted in the past few weeks since you sent in you dinars for exchange! And now instead of MILLIONS of dollars.....you just have thousands of dollars!!! You've still made a tidy sum on your initial investment....way more than you started with.....but now you will have to reconsider that Mansion in Dubai.........and maybe settle for a modular in Kentucky? And Then! To top it all off....You find out that your buddy......whom you told about the dinar......and that had bought a whole lot less than you......had thought ahead and got full online account access and set up all of his internal and external beneficiaries and was all ready to go when they announced the RV! Now! While you are taking a tour through Tom Raper RV......He's taking a tour around the world with his future ex wife, six kids....and two girlfriends! by this time you're probably thinkin'....Wife , 6 Kids & 2 GIRLFRIEND? Not Too SMART!? But!...He was PREPARED!!!

This might sound like a worst case scenario.......
But!!!
There will be some that their Dinar never makes it to Warka!!!

Is there any major benefits to having Warka online account access?
I Think So!

But that's JMO!

[Seaview]

That's a funny post Treasurehunter

[Jose Rizal]

Is there anybody here having a problem getting access on-line with Warka Bank?

I'm here in Baghdad and I have an IQD and USD account with Warka Bank for a little while now. I got this account openned over the internet no problem, smooth like a silk. Now, I'm trying to have access on-line just like the banking system in the U.S. it seems like I'm not getting any response from Warka. I downloaded the on-line request form at the Warka Bank website, followed the whole procedures and it's been a month now not getting any action from Warka Bank.

[voyager]

has anyone transferred money out from Warka to a UK bank? I need to do this but can't seem to fathom what goes in the fields. I have added my USD account as internal beneficiary and transferred by IQD to USD successfully, but need to add my UK bank as an external beneficiary.

the fields are:

beneficiary name
beneficiary nickname
beneficiary account number
tel number 1
tel number 2
beneficiary address
bank name
branch name
swift code
country
city

I need to use Dresdner bank in there somewhere, but where do my Uk bank details go?

please help!

[English Bob]

has anyone transferred money out from Warka to a UK bank? I need to do this but can't seem to fathom what goes in the fields. I have added my USD account as internal beneficiary and transferred by IQD to USD successfully, but need to add my UK bank as an external beneficiary.

the fields are:

beneficiary name
beneficiary nickname
beneficiary account number
tel number 1
tel number 2
beneficiary address
bank name
branch name
swift code
country
city

I need to use Dresdner bank in there somewhere, but where do my Uk bank details go?

please help!

voyager

Have you kept your forms from when you trans to Dresdner to Warka?

May help

if not e-mail Mr I for help!

EB

PS please post update.

[Marine3038]

I recently submitted info for Warka online (to open an account) -- does anyone know the how long this process will take?

[cloaked]

I recently submitted info for Warka online (to open an account) -- does anyone know the how long this process will take?

about a week or so unless mr. i is on the beach sunning

[bultn]

Mr. I is not at his office this week, back on Sunday.

http://www.investorsiraq.com/showthread.php?t=135160

[Marine3038]

So Mr I is the only one at Warka Bank that handles new accounts? He must be a very popular guy! Thank you for your feedback

[MoneyBagsSoon]

Does anyone know if there is a bank in the U.S. that will exchange the dinar? If not, we need to go through Warka?

[AAD]

Does anyone know if there is a bank in the U.S. that will exchange the dinar? If not, we need to go through Warka?

I believe Chase bank still does, but you can always double check and report back...

[Mucho_Dinaro]

I believe Chase bank still does, but you can always double check and report back...

Good morning AAD,

I was under the impression that Mr. I had to assign some type of access code inorder for us to use the automated on-line wire home system. Is this not necessary anymore? I guess I will find out tomorrow as I will use treasurehunters system.

Thanks in advance, Steve

[AAD]

Good morning AAD,

I was under the impression that Mr. I had to assign some type of access code inorder for us to use the automated on-line wire home system. Is this not necessary anymore? I guess I will find out tomorrow as I will use treasurehunters system.

Thanks in advance, Steve

Good morning Mucho_Dinaro,

If I understood MoneyBagsSoon question right, I think he was talking about simply exchanging his physical IQD without the need of an Iraqi bank account should a RV occur. I think he can use Chase bank.

As far as your question, I do believe you yourself would have to assign a password (apart from your current online account login password). Please report back if otherwise...

[chakkarchee]

My Warka online access expired today, can some one tell how much Warka is charging curently to renew the on line access , also like to know if they let you keep the old password.

Best wishes and happy new year to all, most likely this will be the year of growing in ISX . Amen