Rafidain Bank clarifies the localization of salaries of state employees [Ayna-Baghdad]

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Rafidain Bank clarifies the localization of salaries of state employees



Date of release: 2017/3/27

Rafidain Bank clarified the process of settling the salaries of employees of the state departments in special electronic accounts to receive their monthly salaries.
"The localization of salaries will be through the transfer of salaries of employees in the private or public sector of the hand salaries received from their departments until they are received from banks and government banks," the bank's media office said in a statement.
He pointed out that "this system began work in Iraq, the proposal of the Rafidain Bank to reward the employees of the local districts salaries, by giving them in advance and loans and other services after the creation of a database for all employees in the state departments and easy to follow.
"The advantage of this work is that Emiratisation will reduce the risk of transferring the employee's money in cash and will grant each employee who settles his salary a special salary card through which he can withdraw his salary anywhere locally and globally. The employee has full freedom to withdraw, deposit and transfer money at will and at any time, The employee's salary from the monthly monthly commissions of the employee such as [low balance / account management] and helps the employee to save automatically and withdraw only need.

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nice to see the end of the cash driven society

Rafidain staff grants and loans in advance




3/28/2017 0:00

BAGHDAD / morning
Rafidain Bank, announced that he would give departments Almutnh staff salaries in advance and loans, stressing that the settlement will reduce the risk of transfer of employee money in cash and helps to automatic savings.
The Information Office of the Bank said in a statement received «morning» copy of it: that « the localization of salaries will be by transferring employees ' salaries in the private sector or from the public hand salaries are received from the salaries of their districts to be received from banks and government banks».
And added that «this system began to work in Iraq , Rafidain Bank proposal to grant departments Almutnh staff salaries, in advance and loans and other services after they are creating a data base for all employees government departments and easy follow - up».
The statement said that «resettlement will reduce the risk of transfer of money the employee in cash and give each employee settle his salary a special card salary through which they can to withdraw his salary in any place, also has the freedom to deposit , withdrawal, financial and conversion at any time, adding to exempt the employee 's salary from the monthly commissions such as low commission balance as well as account management, as well as it helps the employee to automatic savings as he would withdraw only by his need of it ».
Last year , Rafidain Bank announced the development of the strategic plan to give an advance ten million, because the employee must possess a smart card activated through the localization of salaries in private savings accounts, and activating the payment of salaries and electronic collection , which receive their monthly salary.

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A government directed towards lending to citizens in the liberated areas



Rafidain Bank is considering a proposal lending to citizens in the liberated areas (b predecessor soft) for the purpose of reconstruction of their role , which has been vandalized by "Daesh".

The bank manager said Khawla student Jabbar, said that ' the bank is currently studying a proposal for lending to citizens in the cleared areas of the Conception gangs «Daesh» terrorist advances soft, in order to build their role had been to sabotage by those criminal gangs operations'.

She added Jabbar, that 'this approach falls within the government 's efforts to restore stability to those areas', indicating that the ' bank branches in the provinces of Anbar and Salah al - Din, is currently working normally, and continuing to provide various banking services to citizens in those provinces. "

Jabbar pointed out that the 'Bank recently prepared and in coordination with the concerned authorities, plans to evaluate the damage to its branches in the province of Nineveh and the 14 branches, for the reconstruction and rehabilitation and re - opened quickly and comprehensively, after the declaration of liberation is complete and victory over the terrorist groups'.

Revealed Jabbar for 'continuation of bank branches across the provinces, to grant advances to citizens to enable them to buy housing units in investment projects and thus contribute to solving the housing crisis afflicting the country, indicating that the project Basmaja residential complex in Baghdad, among those covered imprest projects'.

Regarding the payment of installments of loans, revealed the director of the Rafidain Bank, for "the existence of numbers of Almtlkian pay premiums loans, in amounts of up to 944 billion dinars", indicating that the '562 billion dinars of this amount back to Mtlkian in payment at the Ministry of Defense'.



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What does it mean settling employees' salaries in Iraq and how to benefit from it financially

News / Baghdad
issued Rafidain Bank , Wednesday for clarification on the unique localization of salaries and financial services waiting for staff to Iraq , and how to benefit from it financially.

What does it mean localization of salaries:

are employees in the private sector or the public of hand salaries to transfer the salaries received from their constituents to be received from banks , government banks or civil process through a special account opened for an employee of the bank and the withdrawal of it by electronic card payment or received by in cash from the bank.
Iraq: giving us circles employees Almutnh their salaries in advance and loans
Rafidain issue electronic payment tools for the staff of the Department of Awqaf Muthanna to receive their monthly salaries


The advantage of using localization system:

This system began to spread in many countries of the world with the expansion of business and services banks and banks with the increasing volume of electronic transactions and the result of the pursuit of these banks and the banks to shorten the time, effort and cost in their dealings and transactions of various financial citizens and leave dealing with cash and risks.

What do you enjoy localization payroll system:

enjoy localization salaries several advantages dating back many financial and service benefits to employees, these benefits vary between the Bank and another system and we'll show some of these advantages: -

1. The settlement will reduce the risk of transfer of employee money in cash.

2. Each employee will be given a special card salary settle salary through which they can withdraw his salary to points of sale different (ATM / POS / Internet / ...) locally and globally.

3. The employee complete freedom in the deposit and withdrawal of financial and conversion and at his discretion and at any time.

4. It may not be an employee of any fees to open an account.

5. the employee 's salary of monthly commissions regular employee may be exempted , such as ( a commission low balance / account management).

6. meets the nominal amount of the employee for some financial services as a service transfer and salary card (this will be subject to an agreement with the point of salary).

7. may be made available to the employee to use the card to withdraw cash salary or purchases.

8. Employee may enjoy electronic banking services for free and without benefits.

9. localization of the salary of the employee will provide a package of banking products and services and facilities on loans.

10. helps the employee to automatic savings and withdraw it needs only.

He stressed Rafidain Bank, in (1 March 2017), the importance of settling the employees ' salaries in electronic accounts to give them loans and advances.


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Rafidain agrees to grant loans and advances to the education of Dhi Qar

economy  Since 2017-03-29 at 13:16 (Baghdad time)

Baghdad Mawazine News
A member of the House of Representatives Mona Gharabi, Wednesday, the approval of the Rafidain Bank to grant loans and financial advances to the Directorate of Education in the province of Dhi Qar.
Al-Gharabi said in a statement issued on the sidelines of her meeting with the director general of Rafidain Bank received a copy of the "Mawazine News" that "the bank agreed to grant loans and financial advances to the staff of the Directorate of Education in the province of Dhi Qar," noting that " .
And stressed the need to "provide banking facilities for citizens and it was agreed to grant loans and advances through the Rafidain Bank of the Directorate of Education in the province of Dhi Qar by electronic card."
Al Gharabi added that "it is important to settle the salaries of employees in electronic accounts to facilitate the provision of banking services to them," pointing out that "the bank emphasizes the importance of settling the salaries of employees electronically to facilitate procedures for granting loans and advances and other banking services in accordance with legal regulations."
She explained, "It was agreed that the salaries of the Directorate through the electronic card from Rafidain Bank."
She pointed out that "this step, which came after continuous follow-up comes in the framework of maintaining public money and the adoption of standards and standards to ensure the fairness and transparency of all employees and also to improve the banking reality and access to the application of international standards necessary to upgrade the work of banks."
For his part, the Director General of the Rafidain Bank on the need to "take advantage of electronic banking services and the most important service to pay salaries electronically." Ended 29 / a 43
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