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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


    The Central Bank announces a new package of facilities to obtain the dollar

    Rocky
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    • Post n°1

    The Central Bank announces a new package of facilities to obtain the dollar Empty The Central Bank announces a new package of facilities to obtain the dollar

    Post by Rocky Wed 22 Feb 2023, 4:44 am

    [size=35][size=35]The Central Bank announces a new package of facilities to obtain the dollar[/size]
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    Economie

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    2023-02-22 | 03:55
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    Alsumaria News - Economy

    The Central Bank of Iraq announced today, Wednesday, a new package of facilities to obtain the dollar.


    The bank stated in a statement received by[url=https://www.alsumaria.tv/Entity/133473/%D8%A7%D9%84%D8%B3%D9%88%D9%85%D8%B1%D9%8A%D8%A9 %D9%86%D9%8A%D9%88%D8%B2/ar/]Alsumaria News[/url]In addition to what was announced in the first package of facilities provided by the Central Bank to achieve exchange rate stability, the second package will include the following: -

    Foreign trade financing will be organized from[You must be registered and logged in to see this link.]Directly and in the Chinese Yuan currency through two options:






    The first option: strengthening the balances of Iraqi banks that have accounts with Chinese banks in the Chinese yuan.

    The second option: strengthening the balances of Iraqi banks through the accounts of the central bank to the final beneficiary in Chinese yuan currency through our accounts with the Bank ([url=https://www.alsumaria.tv/Entity/122898/%D8%AC%D9%8A %D8%A8%D9%8A %D9%85%D9%88%D8%B1%D8%BA%D8%A7%D9%86/ar/]JPMorgan[/url]), and the Development Bank of Singapore.

    Facilities for financial transfers to the United States and Europe will be provided by the same mechanism later.

    - The documents required for submission for the aforementioned foreign remittances will be: a commercial list (invoice) only, or letters of credit, provided that the customer later provides the bank with proof of entry of the goods.

    Detailed instructions will be issued that include the aforementioned.

    - Organizing financial settlements for agents of money transfer companies (Western Union and Money Gram) through Class A exchange companies through an Iraqi bank with one settlement account for all those companies.

    Citizens can transfer the amounts allowed to be transferred up to a maximum of (7500) dollars per month through the agents of money transfer companies (Western Union and Money Gram) at the official rate (1320) dinars / dollars, and the Central Bank strengthens the accounts of these agents through a sale window Foreign currency and its purchase.

    A table will be published containing the names of authorized agents and their locations, and citizens who wish to transfer personal amounts for various uses (such as family subsidies or simple commercial uses) will be able to go directly to these agents (banks, exchange companies, or any other entities licensed by the Central Bank or will Licensed later), for transfer at an exchange rate of (1320) dinars/dollars.

    - New uses will be added to the sale of cash dollars, which contributes to expanding the sale base for citizens to facilitate the payment of their obligations in US dollars, and in a manner that does not contradict our instructions and the directives previously issued by the government in this regard.

    Allowing government and private banks and exchange companies of categories A and B to expand outlets for selling dollar cash in any of their branches, provided that this is exclusively through the FITR platform, while notifying us of the need to increase and diversify the geographical distribution of these outlets.
    [url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]
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