The central bank announced the beginning of work, "National divider" system

by **Rocky** Tue 29 Nov 2016, 1:35 am

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The central bank announced the beginning of work, "National divider" system

by Rocky Tue 29 Nov 2016, 1:35 am

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[ltr]The central bank announced the beginning of work, "National divider" system[/ltr]

Since 29.11.2016 at 09:20 (Baghdad time)
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[ltr]Baghdad balances News[/ltr]
[ltr]It announced the Central Bank of Iraq, on Tuesday, about to start working, "National divider" system, noting that it began operation of the system in five banks and collection company for POS first stage.[/ltr]
[ltr]The center said in a statement received / balances News / copy of it, "it was the start of the national work divider system, the private exchange remittances through credit cards."[/ltr]
[ltr]The bank said, that "it was an elaborate system to work with this plan and the first phase, operating for five banks and collection company for POS," noting that it "will be starting off with the rest of the other banks issuing cards for payment before the end of this year."[/ltr]
[ltr]He explained, "The system works on linking banks communications network where one will facilitate a lot of banking matters and will eliminate routine followed in reviewing the banks will complete the transaction as soon as possible, through electronic payment instruments represented by credit card types" .anthy 29 / A 43[/ltr]

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