The Central Bank of Iraq (CBI) has issued directives to financial institutions regarding the use of bank cards for transactions abroad. These new regulations establish a monthly transaction limit for all Iraqi bank cards utilized internationally. Additionally, a maximum daily spending limit will be enforced for each cardholder. The specific details of these limits were not provided in the initial report but signify a shift in policy concerning financial access while traveling internationally from Iraq. This move by the CBI aims to likely manage currency exchange rates and potentially curb illicit financial flows. The changes impact all citizens of Iraq utilizing bank cards outside the country. Further information regarding the specific amounts of these limits is expected to be released by the Central Bank of Iraq.