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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

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    The Central Bank announces the determination of valid and non-negotiable banknotes of the local curr

    Rocky
    Rocky
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    The Central Bank announces the determination of valid and non-negotiable banknotes of the local curr Empty The Central Bank announces the determination of valid and non-negotiable banknotes of the local curr

    Post by Rocky Wed 18 Jan 2023, 5:37 am

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    [size=52]The Central Bank announces the determination of valid and non-negotiable banknotes of the local currency[/size]

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    The Central Bank of Iraq announced, on Monday, the identification of valid and non-negotiable banknotes from the local currency.[/size]
    [size=45]The bank said in a statement that it is “responsible for defining the categories of Iraqi monetary currencies, their standards, printing, and minting coins, and is responsible for destroying and replacing them and identifying defective ones,” noting that “discriminating between their categories by imposing a specific category on the public or refusing to receive a specific category is unacceptable.” It is against the law.”[/size]
    [size=45]And the statement added, "The banknotes issued by him remain valid for negotiation in the event that they were exposed to any tear of more than 3 cm. It was repaired with transparent adhesive tape on one or both sides and did not affect its features."[/size]
    [size=45]And he explained, “The banknotes also remain valid if they were cut in one of their corners within 2 cm and did not affect their features, and also if traces of circulation and use appeared on them and they were not harmed or damaged affecting their shape, color and size.”[/size]
    [size=45]And the statement indicated, “The banknotes are considered unfit for negotiation if the banknote is worn out or damaged even though it was not torn and parts of it were not lost, and if it was damaged as a result of exposure to water or various liquids, and it is also considered unfit for negotiation if it consists of two parts.” Different numbers and its area was close to the area of ​​the original banknote.[/size]
    [size=45]And he stressed, “The banknote is also considered invalid in the event that the banknote is fixed with one or more transparent tapes on its width or length, in addition to pieces of it from more than one corner or loaned, or if it is defective in terms of design and size and if it loses 50% of its area.” It is also considered unfit for circulation if foreign materials stick to it and affect its features, such as inks and dyes, or if they are perforated.”[/size]
    [size=45]N.A[/size]
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