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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    The Central determines the terms of the non-negotiable banknotes

    Rocky
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    The Central determines the terms of the non-negotiable banknotes Empty The Central determines the terms of the non-negotiable banknotes

    Post by Rocky Mon 16 Apr 2018, 8:38 am

    The Central determines the terms of the non-negotiable banknotes


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    On Monday, the Central Bank of Iraq (CBE) set the terms of non-negotiable banknotes that are repaid after being deposited in the bank. 
    The Central Bank said in a statement read by "Economy News" that "the banknotes are not valid for trading if applicable one of the descriptions and compensates the holder of their full value as soon as they are submitted to government and private banks and subsidiaries and deposited in the Central Bank and the corresponding amounts in their accounts." 
    The bank said that "one of the conditions of banknotes not valid for trading is if the banknotes are smuggled or damaged, although not torn and not lose part of it, in addition to if the paper was damaged as a result of exposure to water," indicating that "the banknote will be invalid in the case of The banknote consists of two different parts.
    "The other condition is that the banknote is affixed to a transparent tape or more along its length or width, or if the banknote was cut in more than one angle or loaned," the central bank said, noting that "the other conditions are if it contains seals or Writings do not affect the appearance of the outside, or if the bank lost 50% of its area. 
    The bank noted that "other conditions also if the monetary paper stuck strange materials and affected the features such as inks, dyes, glues, fats and oils, in addition to if the banknote perforated puncture or more and randomly."


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    Rocky
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    The Central determines the terms of the non-negotiable banknotes Empty The Central Bank determines the terms of non-negotiable banknotes

    Post by Rocky Mon 16 Apr 2018, 8:59 am

    The Central Bank determines the terms of non-negotiable banknotes
    April 16 2018 02:12 PM
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    [rtl][rtl]Central Bank of Iraq[/rtl]
    [/rtl]
    Baghdad Post
    [rtl]


    The Central Bank of Iraq (CBE) on Monday set out the terms of the non-negotiable banknotes, which are repaid after being deposited in the bank. 

    The bank said in a press statement that the banknotes are not valid for trading if applicable one of the description and compensates the holder of their full value immediately after they are submitted to government and private banks and branches and deposited in the Central Bank and the corresponding amount in their accounts. 

    He added that the terms of the banknotes are not valid for circulation is if the banknotes are smuggled or damaged, although not torn and not lose part of them, in addition to if the paper was damaged as a result of exposure to water, indicating that the banknote will be invalid in the case of the banknote is composed of Two different parts numbers.

    He pointed out that the other conditions are that the banknote is affixed to a transparent tape or more along its length or width or if the banknote was cut in more than one angle or loan, noting that the other conditions are if it contains seals or writings that do not affect its appearance Or if the card loses 50% of its area. 

    The bank pointed out that other conditions also if the monetary paper stuck strange materials and affected the features such as inks, dyes, glues, fats and oils, in addition to if the banknote punctured puncture or more and randomly.



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    Lobo
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    The Central determines the terms of the non-negotiable banknotes Empty Re: The Central determines the terms of the non-negotiable banknotes

    Post by Lobo Mon 16 Apr 2018, 12:33 pm

    Thanks Rocky, the CBI is really getting the word out there.
    ron-man
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    The Central determines the terms of the non-negotiable banknotes Empty Re: The Central determines the terms of the non-negotiable banknotes

    Post by ron-man Mon 16 Apr 2018, 1:15 pm

    Thanks Rocky.

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    The Central determines the terms of the non-negotiable banknotes Empty Re: The Central determines the terms of the non-negotiable banknotes

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