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Understanding the Table:
The comparison table above helps you see the total cost of your Chase Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Chase Bank has several bank codes that may be used for receiving foreign wire transfers, depending on the currency and location of the sending bank. Here are some of the most common codes used for Chase Bank:
SWIFT Code: CHASUS33: This code is used for receiving wire transfers in U.S. dollars from foreign banks.
CHIPS UID: 0002: This code is used for receiving wire transfers in U.S. dollars from foreign banks that are members of the Clearing House Interbank Payments System (CHIPS).
Fedwire ABA Routing Number: 021000021: This code is used for receiving wire transfers in U.S. dollars from banks located within the United States.
ABA Routing Number for Wire Transfers: 021000021: This code is used for receiving wire transfers in U.S. dollars from banks located outside of the United States.
It's important to note that specific codes may vary depending on the currency and location of the sending bank, and it's recommended to confirm the correct codes with Chase Bank before initiating a wire transfer.
Chase Bank offers several credit cards with different foreign transaction fees. Here are some examples:
Chase Sapphire Preferred Card: This card charges no foreign transaction fees, making it a good option for travelers who frequently make purchases in foreign currencies.
Chase Sapphire Reserve: Similar to the Sapphire Preferred Card, this card also does not charge foreign transaction fees.
Chase Freedom Unlimited: This card charges a foreign transaction fee of 3% of each transaction in U.S. dollars.
Chase Freedom Flex: Similar to the Freedom Unlimited, this card also charges a foreign transaction fee of 3% of each transaction in U.S. dollars.
United Explorer Card: This card charges a foreign transaction fee of 0% to 3% of each transaction in U.S. dollars, depending on the currency used.
It's important to note that credit card terms and conditions can change, so it's always a good idea to check the current fees and policies before applying for or using a credit card for foreign transactions.
If you wish to save on exchange rates and foreign ATM fees then you should consider the 
Wise multi-currency card.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
When planning a mid-range stay in Iraq for one week, travelers should budget between 600,000 IQD to 1,000,000 IQD (approximately $500 to $830 USD) to cover typical expenses. The following are typical daily costs in Iraqi Dinar (IQD) that can help guide your budget:
Overall, Iraq can be considered an affordable destination for travelers compared to the United States, where similar dining and accommodation options can cost nearly double. For instance, a meal at a mid-range restaurant in the U.S. averages $20, while in Iraq, it only costs around $15. When compared to the UK, the costs are similarly favorable, making Iraq a viable option for budget-conscious travelers looking for unique experiences.
For expats living in Iraq, the typical monthly living costs can vary significantly based on lifestyle choices, with a general estimate ranging from 1,500,000 IQD to 2,500,000 IQD (about $1,250 to $2,080 USD). This budget usually covers accommodation, food, utilities, and transportation. For those navigating the local banking environment, it's advisable to use cash whenever possible, as card acceptance can be limited outside of major cities. However, using cards can be convenient for larger purchases, so carrying both cash and a card is a good strategy.
When it comes to sending and receiving money, online money transfer services like Wise or OFX can often offer better exchange rates and lower fees than local banks, especially for international transactions. While it is typically more advantageous to exchange money locally for daily expenses, utilizing these services for larger transfers may result in significant savings. Be sure to do your research and compare rates between local exchanges and online services to make the most of your money while living in Iraq.
View a full list of exchange rates by selecting your Base (from) currency:
