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Automated clearing house (ACH)
Facilitating Secure and Efficient Money Transfers Between Banks in Iraq
Innovative Solutions for Fast and Secure Fund Transfers Between Banks
The purpose of this service is to facilitate the transfer of funds between banks and their branches within Iraq by collecting checks drawn on customers of other banks for the benefit of Elaf Islamic Bank customers, or collecting checks drawn on our customers for the benefit of customers of other banks. These checks feature high security features to prevent any fraud.
- Secure Transactions: The high security features of the checks prevent fraud, ensuring safe and reliable transfers between banks.
- Efficient Fund Transfer: This service streamlines the process of transferring funds between banks and their branches, making it easier for customers to manage payments and transactions within Iraq.
*You can request this service from any Elaf Islamic Bank branch across all provinces.
