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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


+9
jbowhunter
chouchou
jbigg
Screwball
BILLYB
weslin3
Lobo
mochasmom
Rocky
13 posters

    The central poses large amounts of small currency

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280438
    Join date : 2012-12-21

    The central poses large amounts of small currency Empty The central poses large amounts of small currency

    Post by Rocky Mon 10 Sep 2018, 12:37 pm

    The central poses large amounts of small currency

    [You must be registered and logged in to see this link.] 





    [You must be
    registered and logged in to see this link.]




    [You must be registered and logged in to see this image.]
    10/9/2018 12:00 am 

    Confirmed its continuation by replacing the damaged amounts 
    Baghdad / Sabah

    The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it 
    New. 
    The Governor of the Bank, Dr. Ali Alalak in a meeting with the “morning”, will be published later: “The Central Bank of Iraq, the development of a plan to compensate the market small categories of local currency, as will be next month large quantities and huge ones,” noting that ” Will meet the need of the local market for those categories  
    of currency. ” 
    He added that “the bank continues to receive local currencies damaged by citizens and replace them with new currencies,” revealing at the same time, “the existence of a specialized committee to examine the damaged papers to ensure the integrity of fraud  
    and manipulation.”
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280438
    Join date : 2012-12-21

    The central poses large amounts of small currency Empty Criteria for replacing damaged banknotes

    Post by Rocky Mon 10 Sep 2018, 12:40 pm

    Damaged and defective banknotes and their replacement standards
    Damaged banknotes are those securities that remain in circulation for a long period of time and over time use by all groups of society. This leads to the damage being damaged due to the repetition of this use, which dictates to the central banks the responsibility to withdraw the worn currencies from circulation. Central Bank, which has the right to execute damaged and defective banknotes and replace them with the same value to citizens and according to the criteria determined by the bank to receive these damaged banknotes as shown below.
    [list="box-sizing: border-box; margin-bottom: 10px; color: rgb(51, 51, 51); font-family: \"Droid Arabic Kufi", Tahoma; font-size: 14px;"]
    [*]The lost banknote is a part of it that does not exceed more than half of the banknote.

    [*]Banknotes soiled with dust, fats, colors and oils.

    [*]Banknotes containing adhesive tape.

    [*]Scorched and buried banknotes.

    [*]Defective banknotes.

    [*]Two-part banknotes with different figures.

    [/list]
    The papers that are not exchanged and rejected by the Central Bank to be received and called the rejected, which are withdrawn and executed by the bank without compensation of the owner, unless there is convincing evidence that the missing parts were completely destroyed and then decide to provide compensation in whole or in part These papers are:
    [list="box-sizing: border-box; margin-bottom: 10px; color: rgb(51, 51, 51); font-family: \"Droid Arabic Kufi", Tahoma; font-size: 14px;"]
    [*]Papers that contain many writings and drawings and seals deliberately, which leads to the blurring of the features of the banknote.

    [*]The paper is cut into more than (6) parts.

    [*]If the coin loses more than (50%) of its surface or is distorted or perforated

    [/list]
    Do not make up for lost or stolen coins or coins.
    [You must be registered and logged in to see this link.]
    mochasmom
    mochasmom
    Interacting Investor
    Interacting Investor


    Posts : 2993
    Join date : 2012-12-19

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by mochasmom Mon 10 Sep 2018, 12:54 pm

    Thanks for finding this Rocky. This must be our lower denoms..are we there???
    Lobo
    Lobo
    Moderator
    Moderator


    Posts : 28411
    Join date : 2013-01-12

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by Lobo Mon 10 Sep 2018, 1:08 pm

    306 306 306
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by weslin3 Mon 10 Sep 2018, 4:44 pm

    They are replacing the damaged ones with smaller ones... Why would they do that unless they are worth something.. Take out bucket loads for the replaced ones?? Just doesn't makes any sense at all. lol!
    BILLYB
    BILLYB
    Dedicated Investor
    Dedicated Investor


    Posts : 201
    Join date : 2012-12-23

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by BILLYB Mon 10 Sep 2018, 8:58 pm

    Remember Germany put out lower denoms 2 weeks later they revalued
    Screwball
    Screwball
    Interacting Investor
    Interacting Investor


    Posts : 3484
    Join date : 2012-12-19

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by Screwball Tue 11 Sep 2018, 12:49 am

    BILLYB wrote:Remember Germany put out lower denoms 2 weeks later they revalued
    Germany also did a 10 old for 1 new exchnage
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by weslin3 Tue 11 Sep 2018, 8:25 am

    Screwball wrote:
    BILLYB wrote:Remember Germany put out lower denoms 2 weeks later they revalued
    Germany also did a 10 old for 1 new exchnage
    scratch
    jbigg
    jbigg
    Getting It Investor
    Getting It Investor


    Posts : 26
    Join date : 2013-01-01
    Age : 71
    Location : Deep East Texas

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by jbigg Tue 11 Sep 2018, 9:06 pm

    Germany changed their currency before the RV, at least that's what I was told by someone that was there.
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19

    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by weslin3 Tue 11 Sep 2018, 11:43 pm

    jbigg wrote:Germany changed their currency before the RV, at least that's what I was told by someone that was there.
    I didn't know about this 10 to 1 thing...

    Sponsored content


    The central poses large amounts of small currency Empty Re: The central poses large amounts of small currency

    Post by Sponsored content


      Current date/time is Thu 07 Nov 2024, 1:03 pm