Iraqi Private Banks League
Iraqi Private Banks League
ipbl@IPBL-Iraq.org   07714472214
IPBL Hosts Workshop on “Mechanisms for Implementing Advance Customs Declaration and Financial Transfer Procedures” in Coordination with Central Bank and Federation of Chambers of Commerce

Under the patronage of the Prime Minister’s Office and the Advisors for Border Crossings and Customs, and in cooperation with the Central Bank of Iraq and the Federation of Chambers of Commerce, the Iraqi Private Banks League (IPBL) organized a specialized workshop titled “Mechanisms for Implementing the Pre-Customs Declaration and Financial Transfer Procedures.” The workshop aimed to strengthen coordination among government institutions and the banking and commercial sectors, and to outline the mechanisms for implementing the pre-customs declaration system and its related financial-transfer requirements.

The executive director of the Iraqi Private Banks League, Ali Tariq, underscored during the session that the League has been working with the Central Bank and government bodies to establish a modern banking environment able to support the new systems, stressing the need to elevate transparency standards and facilitate procedures to bolster foreign-trade flows.

For his part, the Prime Minister’s Advisor, Lieutenant General Sami al-Sudani, stated that adopting the pre-customs declaration system represents a pivotal step in reducing customs evasion and regulating the movement of goods, stressing the government’s commitment to developing digital systems and electronic linking between the concerned authorities, which contributes to accelerating procedures and protecting public revenues.


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Added date 2025/11/21 - 2:29 AM
Last edit 2025/11/21 - 5:10 AM

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