•  Warka salary card: this card allows companies to pay salaries for their employees.
•  Electron Card: It is a card that can be credited with any amount that the customer wish to use and it can be used on ATMs and POSs.

•  Warka Net card: This card can be only used to do shopping on the internet.  It is the most secure card to use over the internet.

•  Warka gift card: a card that is issued for special occasions with the name of your choice  and can be used on ATMs or POSs.

Al-Warka Bank For Investment & Finance

I am the undersigned person and referred to afterwards by ( the card holder/ the customer), after reading and understanding the regulations and conditions of holding the credit card (Master Card) issued by Al-Warka^, Bank For Investment & Finance (the bank) which will be referred afterwards by (the card), I declare my responsibility for paying complete amount whatever they are and not paid due to the use of the card starting from the date of receiving it according to what you receive, I do agree on committing with any new conditions will be brought up, besides any conditions or  nstructions or rules concerning and using the card in the future.

1-      The use of the card will be limited to me personally as (the holder of the card), this use will be within the given and the allowed amount of money to me, I do undertake that I will not exceed this limit.

2-      I do commit to take all necessary procedures and cautions for keeping the card and using the secret number and its confidentiality (secrecy), my responsibility is absolute and not limited for its use and for the results which may result from loosing or stealing it or using it against these conditions and rules, I do commit to compensate the bank for any damages or losses resulted from any abuse from me to what mentioned before whatever is the amount.

3-      I do commit in the case of loosing the card or stealing it to inform the department of credit cards in the bank or any MasterCard office abroad directly by phone, and enhancing that with a written letter to the bank as soon as possible, at the same time I still have the commitment to the bank for all amounts due to the use of the card till the end of the next work day from the date of informing about the loosing of the card or its stealing, besides I undertake to inform the bank in a written letter when I find the card.

4-      I do excuse the bank from any responsibility "whatever its kind" may result from faking and using the card or refusing the acceptance of the card by any natural or artificial person and I excuse the bank from any responsibility due to the lack or defect in the presented goods and services and about the type of services and goods bought by the card.

5-      I do authorize the bank completely and finally to pay all the due amounts because of using the card weather inside Iraq or outside it, adding to that any expenses or commissions due to the use of the card, due by the foreign currency, based on the price of the direct selling of the Iraqi Dinar consideration of foreign currency, in the date of receiving the roster or bills related to these goods by the bank, I do authorize the bank to put it on my account / or any credit account for me in the bank including the bound despites which considered as guarantee and a source for paying, if it is necessary to break the bound deposits and leaving an amount equals the total limited amount of the card or part of it according to the decision of the bank regarding this problem, the bank has the right to cancel the card in any time it likes, ignoring all the legal rights that I have to have any thing against that.

6-      I do authorize the bank to register the subscription rate or yearly renewing and all other expenses and all amounts resulted from using the card on any credit accounts from my accounts in the bank at any suitable time for the bank, in case there is no any credit accounts I undertake to pay all due amounts to the bank immediately without notifying me by the bank the need to any other procedure concerning this matter.

7-      The bank has absolute and complete authority and power to take interest and commission on any indebted or uncovered balance as a result of the registration of the due amounts on issuing or renewing or using the card to the current prices in the bank.

8-      In the event of the approval and the agreement of the bank and its covering of my drawings within the approved limit by the bank, upon my request whether it was from me personally or other mean…depending on my card I do authorize to debit with my account in all covered amounts by the bank with any resulting interests on these drawings to the rate limited by the bank without referring to me, I do undertake and comply paying it on the base of monthly rate, according what the bank determine.

9-      It is up to the bank within its free choice to issue a card or appendant cards depending my written request for using them by my family first- degree members, I consider my self and committed to the cost of amounts resulted from using of these cards and to cover any due amounts on them and the bank has the right to register these accounts on my accounts in it.

10- I authorize the bank to renew the card automatically when it expired unless I notify it in written letter expressing my will in not renewing the card within thirty days from its expiring date, besides I have the right to cancel my cards / or the appendant card depending on a written notification providing that my responsibility will continue till paying all commitments resulted from using the card / the above mentioned cards.

11- In the case of cancelling the card, I am personally responsible to damage the secret number personally and I must not declare it to any person, besides I am completely responsible for any violations resulted from declaring the secret number to any person.

12- Its clear to me that the card is not valid for using when my money is attached or when I receive a judgment of dissolution on my money or announcing my bankruptcy or stop paying or inability to pay, in case of death or incapacity for any reason, in all cases resulting commitments from using the card are considered to be paid immediately without the need of notification or warning or other things to any member from my family, the bank has the right after my death to reserve on my accounts until paying any commitment resulted from using the card including the procedure of registration which include transferring it to middle account.

13- The bank has an absolute right to change willingly and within its choice / or according to any regulations from any responsible authority in these rules and conditions with a mere written notification to me ( as a card holder ) and in this case the change will be a must to me from its date or from the date appointed by the bank, and even if I did not receive a notification for any reason since it was sent to my address written in the application (request) of the card.

14- I do commit, undertake and comply strictly by effective laws and regulations issued by the Iraqi Central Bank which concern controlling on foreign currency and any change might happen to them from time to time and in any contract or other document related to cards issue and by any regulations issued by the bank, I have no right in any case to impugn that I do not know laws and their amendments.

15- The bank has the right to provide the Iraqi Central Bank or any formal authority specialized in rosters related to the movement of the accounts of the card.

16- I do confess and acknowledge that all presented information from me to the bank is right, I undertake to provide the bank with any extra or new information or might happen immediately, and I authorize the bank to be sure from any information by inquiring about them from any organization or bank according to what is suitable to it.

17-     I do confess and acknowledge that the bank note-books and its rosters and accounts are strong evidence in order to prove the due amounts on me which resulted from using the card and they are right and final and I have no right to object them, moreover I cancel and give up any legal right enables me to ask the bank to open its note-books and registers and checking its accounts by any court, the certifications issued by the bank are considered strong and final evidence and do not accept any counter proof.

18- I absolutely agree that all amounts, money, assets, shares and other valuable things which belong to me whether under the control of the bank or deposited in it are guarantee to pay all due amounts resulted from using the card, and I authorize the bank absolutely and finally to act in it or sell them when the bank likes, with the way and the price the bank sees it is suitable to it or to others, and to make compromise between any account of mine credited to it and the due amount on me, in case of several accounts and the variety of currencies, I also authorize the bank to transfer the currency upon the case demands, in the suitable technique and price without notifying or warning me.

19- The roster which is sent to my address written in the card application is considered right and I agree on it unless the bank receives a written objection on it or on any of its words, within a maximum 15 days period from the date of sending the roster, I excuse the bank if the objection is lost.

20- The title which is written in the card application is considered the selected address for informing purposes in every matter related to the card rules and conditions.

21- The normal and registered letters or that sent by the fax or minimized films (microfilm and microfiche) and / or photo static pictures or electronic letters or electronic transfers, whatever their name was and / or its type that the bank take about its accounts and the content of its files and the outputs of the computer, whatever they were, and phone registered communications are considered as a legal evidence to face the borrower and / or the sponsor, each one of them cancels his right in appealing or objection against any thing has been mentioned.