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jb4388

Warka Bank Interest

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Looking at my Warka account it showed interested credited to my account 28/06/2018 .

 

If it were only 1:1 .... I could live off of it for next year and quit my day job. Lol

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mine is in my account too but only half the rate that they have posted on their website. I got 1.25% on iqd for 6 months and .05% on usd

 

Did you get their posted rates?

Edited by NMP2017
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Their IQD interest rates went from 7% to 6% to 3%, now minus fees. The USD rates were always extremely low to incentivize banking investments to be in IQD.

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So when WARKA opens up the deposits and the withdraws again, if they are international, will I not be able to transfer the IQD to another international bank in dinars, then exchange it in that country. Would I get the IQD interest in that scenario?

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6 hours ago, jcfrag said:

So when WARKA opens up the deposits and the withdraws again, if they are international, will I not be able to transfer the IQD to another international bank in dinars, then exchange it in that country. Would I get the IQD interest in that scenario?

That is my plan...Singapore or Hong Kong preferably 

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