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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 issues its third package and reduces the share of travelers to only $2,000

    Rocky
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    • Post n°1

    The Central Bank issues its third package and reduces the share of travelers to only $2,000 Empty The Central Bank issues its third package and reduces the share of travelers to only $2,000

    Post by Rocky Tue Mar 14, 2023 3:30 pm

    The Central Bank issues its third package and reduces the share of travelers to only $2,000
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    [You must be registered and logged in to see this link.] |Today, 21:47 
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    Baghdad today - Baghdad
    The Central Bank of Iraq issued, on Tuesday, the third package to facilitate dollar demand procedures.
    The new package included the following:
    1- With the aim of facilitating obtaining the dollar for citizens wishing to travel abroad, the official exchange rate of 1,320 dinars per dollar will be calculated through the electronic payment card issued by the licensed authorities when used abroad, as follows:
    A- Prepaid cards, whether they are in dollars or dinars, and they are not linked to a bank account, which makes them accessible, with a ceiling of (10,000) dollars that can be refilled, and the bank and licensed electronic payment companies have the right to issue them.
    B- Credit cards, and the ceiling determined by the bank according to its classification of the customer (Gold, Silver, Platinum), with the possibility of reinforcing what was used from it later.
    C- Debit Cards, which are linked to the customer’s account with the bank (including the nationalized salaries) and which can be used to pay in dollars according to the customer’s balance with the bank, and on the basis of the official dollar exchange rate.
    D- The traveler’s share of cash dollars will be (2000) dollars, starting from Sunday, 3/19/2023, with the possibility of using the aforementioned cards, which allows citizens to cover their dollar requests, and avoids the citizen carrying large amounts of cash, and in line with the directions of countries of the world to leave Use cash only to a narrow extent.
    E- The Central Bank of Iraq’s daily sales of cash dollars will continue at their levels, without reduction, to banks, exchange companies, and mediation companies by selling and buying authorized foreign currency, for the purpose of securing citizens’ requests for the purposes reported.
    The Central Bank called on all banks and exchange companies to communicate with money transfer companies (Western Union, Money Gram and others) to obtain a license to work in Iraq to meet the growing demands for personal transfers, with the commitment of the Central Bank of Iraq to settle their accounts with those companies at the official rate, and the Central Bank will discuss those Companies to expand the base of their agents in Iraq, and these transfers may include some types of simple commercial transfers later.
    He emphasized that "the transfers of gold importers and their credits to companies registered with the Central Agency for Standardization and Quality Control at the Ministry of Planning will be covered."
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