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Majeed KSA: Iraq Banks Cancels Remittance Channels with JP Morgan and Citibank

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Majeed KSA
@majeed66224499

This account has mentioned before the JP Morgan and Citibank’s remittance channels has been canceled from Iraq banks.

Meaning they have no other way of performing international transaction unless they use Forex.

What confirms it, is this Parliament official in Iraq was asking the bank why his international transaction is not settled.

That means their maintenance channels has been officially blocked or canceled between JP Morgan and Citibank with Iraq banks.

Source(s):
https://x.com/majeed66224499/status/2049213119793144008

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