Warka and Citi Banks Team up!

[riseandshine]

Combined with yesterday's CIti news, things are really heating up....

Dear Warka Clients,

As the leading financial institution that has served Iraq since 1999, we have played a significant role in the reconstruction of the country by participating as a lead financier in many core sectors including power, water, communication and construction.

It gives me great pleasure to inform all our distinguished clients that Warka Bank for Investment and Finance and Citibank established a mutually rewarding banking relationship that will best serve our clients, banking industry and the economy.

We look forward to unleashing the full force of the partnership with Citibank for the benefit of the new Iraq.

Below are our account details at Citibank in which you can now direct your wire transfers to fund your accounts at our bank.

Account Number: 36908969

Account Name: Warka Bank for Investment & Finance

Bank Name: Citibank NA

Branch: New York

Swift Address: CITIUS33

Fed Wire: 021000089

Best regards,

Mohammad K. Issa

Deputy Managing Director

International Affairs

[link to www.warka-bank.com]

[sillyjilly]

I can't find a link for this anywhere and it's not on their website.

[Heinzy444]

I can't find a link for this anywhere and it's not on their website.

Same here ... and I get announcements from Mr. I - not this one ... I see they added Citi New York for transfers ... but that's all ... no biggie. Could be a hoax.

[zaborniake]

Is this new? Sending USD through Citibank in NY is how you normally fund your Warka account.

[Heinzy444]

Is this new? Sending USD through Citibank in NY is how you normally fund your Warka account.

Yes... I just never looked before today .. maybe was always there.. I put "citi" in the search option and that's all that showed up.

[mqchau]

I send my money from my Citibank acct directly to Warka Bank...no need to call anyone. Just do the wire transfer all online hope this ends soon so I can move money back into my Citi acct

[ssmith]

No link, but sounds interesting.. Until they start selling mortgage backed oil wells over seas..

[Shick]

WENT TO LINK DIDN'T FIND WHAT WAS SAID ABOUT CITI-BANK, HOWEVER, I DID SEE THAT THE CITI-BANK IS ONE OF THEIR AFFILIATES.

[riseandshine]

Is this new? Sending USD through Citibank in NY is how you normally fund your Warka account.

Sorry I just pulled it from a warka customer's post. There was no date but I assumed it was current news. Maybe he just discovered the email

from Warka or that he could use the wire service through Citi. Apologies for any false alarms.

[donnydoright]

Sorry I just pulled it from a warka customer's post. There was no date but I assumed it was current news. Maybe he just discovered the email

from Warka or that he could use the wire service through Citi. Apologies for any false alarms.

It's good information, just not 'news' per say....Thank you for posting this RiseandShine, its good that people know that warka has a partnership with Citibank!

[zaborniake]

Sorry I just pulled it from a warka customer's post. There was no date but I assumed it was current news. Maybe he just discovered the email

from Warka or that he could use the wire service through Citi. Apologies for any false alarms.

No, it's cool. I was just wondering if this was a new thing. I have an account and got this information after I set it up.

[recman]

Not saying this is not true, but I called Citi Bank in New York and they did not know what I was talking about. I saw the same bank numbers and that info. I was trying to open a warka account. Do not know!!!!!!!!

[rapidrex]

I send my money from my Citibank acct directly to Warka Bank...no need to call anyone. Just do the wire transfer all online hope this ends soon so I can move money back into my Citi acct

Really? Is this a rather new way to fund your Warka account? I have never heard of that. Always did it with a bank wire through another country.

[guster]

I'm pretty sure this is old news, i've used this information quite a few times to fund my Warka account online by doing a wire transfer through my Citi account.

[thatoneguy]

This is the info Warka sends regarding transferring funds to their bank after opening account. Just their U.S. middlemen.

[War Eagle]

This is an EXTREMELY OLD post!!!!!!!!!!!!

[Umbwakali]

The only waynfor a non citi customer to fund their usd/iqd account at warka bank. Have been using his method for 4 years to move $$$ to iqd.

There is no merger, just a middleman relationship.

[Benjamin NutnYahoo]

Dear sirs and madams,

Please provide instructions on setting up Warka bank accounts using Citi Bank as the primary. If you can not give me an answer I have no other choice than to believe you ain't nothing but a big liar. Thank you so much for your time.

[sandyf]

The only waynfor a non citi customer to fund their usd/iqd account at warka bank. Have been using his method for 4 years to move $$$ to iqd.

There is no merger, just a middleman relationship.

Quite right, commonly known as an intermediary account.

Cit have just got into bed with the Bank of Baghdad.

http://www.zacks.com/stock/news/54245/Citi+Partners+with+Bank+of+Baghdad

[streakinblue2]

Sorry I just pulled it from a warka customer's post. There was no date but I assumed it was current news. Maybe he just discovered the email

from Warka or that he could use the wire service through Citi. Apologies for any false alarms.

Rise and shine.............you ASSUME? whats up with that?????

[one4dinar]

No, it's cool. I was just wondering if this was a new thing. I have an account and got this information after I set it up.

No, it's not new. It's been at least a year maybe two that Warka first set up this account for us to use. Before, we had to use Dresdner Bank in Germany for our wire transfers.