"The global institutions and the central banks on track in both countries reported the instructions of banks operating in it in accordance with the rule know your customer and fill a particular form to identify the sources of money of a person before starting a banking activity and the nature of his situation and potential and activity which he is doing.The general director of the bank , Basem Kamal al-Hassani said in a statement received by Shafaq News .

The statement added that when there are revenues , they must be confirmed according to fixed criteria to be adopted by everyone while in Iraq, it is of the countries that rely on direct cash deal in light of the lack of comprehensive technical for all institutions , civil and governmental and specialized banks.

Al-Husseini added that citizens rely on Rafidain Bank in depositing their money because it did not witness any position that the bank had made a breach to its obligations and its agreements towards them.