Commercial Services

To facilitate regional and international trade, and meet the demands of an ever-growing international business environment, IDB is ready to provide businesses with a full range of trade finance services.

Letters of Guarantee

With a letter of guarantee from IDB you can easily facilitate and finalize bank transactions without having to worry about funds.

Letters of Credit (for imports and exports)

Whether you’re importing into Iraq or exporting local products, IDB can provide you with appropriate Letters of Credit to facilitate and speed up your payments.

Letters of Credit are the preferred payment method in international trade as they cover the rights of all parties involved.

We also offer Inward Letters of Credits for exporters, since they are the most efficient and practical method of payment, for seamless and trouble free trading.