About
About the company
One of the oldest exchange houses in Iraq — still building on the same trust we started with in 1996.
Baghdad Exchange Co. is proud to be one of the oldest exchange houses in Iraq, founded in 1996. The company employs a full team of more than 50 people who meet our customers' needs and process their transactions to the highest standards of efficiency and speed, at competitive rates.
The company currently handles more than 1,000 transactions a day, and is working to grow its market share to compete with the largest exchange companies in Iraq, targeting more than 10 billion dinars transferred through its network.
By the numbers
- transactions a day
more than
1,000
transactions a day
- targeted transfer volume across the network
more than
10billion dinars
targeted transfer volume across the network
A target figure, not volume already achieved.
Governance
Licensing and compliance
Baghdad Exchange Co. operates as a private joint-stock company under licence no. 45 issued by the Central Bank of Iraq. Its activity is governed by the law of the Central Bank of Iraq and the instructions and controls issued under it, including those covering anti-money-laundering, counter-terrorist-financing and customer due diligence.
- Legal form
- Private joint-stock company
- Established
- 1996
- Licence no.
- 45
- Regulator
- Central Bank of Iraq
Our values
What we hold to
Regulatory compliance
Every transaction is carried out within the law of the Central Bank of Iraq and the instructions issued under it. Without exception.
Speed of service
A team and systems built to complete more than a thousand transactions a day without leaving the customer waiting.
Clear pricing
Published, competitive exchange rates set against live market indicators, with no hidden costs.
Have a question or a transaction?
Our team is ready to answer your questions and handle your transaction during business hours.