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


    The Central Bank of Iraq is in the process of expanding the network of banks to provide service in d

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 272498
    Join date : 2012-12-21

    The Central Bank of Iraq is in the process of expanding the network of banks to provide service in d Empty The Central Bank of Iraq is in the process of expanding the network of banks to provide service in d

    Post by Rocky Sat 15 Apr 2023, 7:34 am

    The Central Bank of Iraq is in the process of expanding the network of banks to provide service in different currencies such as "yuan or euro".



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

    2023-04-15 02:14
    Share
    Font


    Shafaq News/ Deputy Governor of the Central Bank of Iraq, Faisal Al-Haimus, stated that the bank has a tendency to expand the network of correspondent banks to provide services in different currencies, indicating that there is a desire by solid international banks to enter the Iraqi banking sector and work inside the country.
    Al-Haimus said in a televised interview, excerpts of which were published by the Central Bank's media today, Saturday, that the Central Bank is striving to bridge the gap between the official and parallel price, and our supervision continues over all banks, by increasing confidence in the local market and cooperation with international institutions, and there are supervisory teams that visit banks to follow up on operations Selling for dollars and meeting the demand for it and the need of the market and citizens.



    And he added by saying: We noticed a reluctance to enter the electronic platform launched by the Central Bank of Iraq by merchants, and there were delays due to the recent experience by banks dealing with the bank, and we noticed that some banks do not implement the transfer for a long time and arrive at the bank late and we check it and the integrity of the parties dealing with The window and implement it in a standard period and then release the money.
    Al-Haimus also noted that the number of employees of the electronic platform is sufficient in the current situation, and the number will be increased and the work will be transferred to morning and evening shifts in the event of an increase in the demand for transfers in the platform.
    He pointed out that due to inquiries about money laundering and other issues related to the auditing authority, the period for releasing the electronic platform funds to the beneficiary who owns the transfer takes a long time, stressing that the US Federal Reserve does not work on auditing, but rather the Central Bank of Iraq is ultimately responsible for that through the auditing company contracting with us.
    He went on to say that there is a development in the Iraqi banking sector to achieve the objectives of the feasibility studies and the expansion of the network of correspondent banks to provide service in different currencies such as the yuan or the euro. There is also an agreement with banking institutions regarding yuan transfers. Requests after a short pause, and there is a desire from solid international banks to enter the Iraqi banking sector and work inside the country.
    Al-Haimus denied that there is a directive from the bank to limit the withdrawal ($250) per day, saying: It is the prerogative of the bank issuing the card or the owner of the ATM, and there is no cash limit if the purchase is through electronic payment devices (POS).
    The Iraqi banking official indicated that there is a great tendency to deal with cards and electronic payment devices (POS), and there is a great plan to increase confidence in the beneficiary of these services, and we confirm the presence of great support from the Iraqi Council of Ministers in many executive decisions, as is the case in support by Parliament in this aspect as well. .
    He stressed that the Central Bank of Iraq is working to stop networks that issue cards with forged documents or deceased persons, and use these cards to smuggle currency out of Iraq, which affects the Iraqi economy.
    [You must be registered and logged in to see this link.]

    Rip534 likes this post


      Current date/time is Mon 24 Jun 2024, 12:48 pm