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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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    Al-Rafidain: financing foreign trade and letters of credit at the official rate of the dollar

    Rocky
    Rocky
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    rate - Al-Rafidain: financing foreign trade and letters of credit at the official rate of the dollar Empty Al-Rafidain: financing foreign trade and letters of credit at the official rate of the dollar

    Post by Rocky Tue 25 Jul 2023, 7:33 am

    Al-Rafidain: financing foreign trade and letters of credit at the official rate of the dollar
    • Time: 07/25/2023 09:48:58
       
    • Read: 1,014 times

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    {Economic: Al Furat News} Al-Rafidain Bank announced, today, Tuesday, the financing of foreign trade and documentary credits at the official price
    And the bank’s media stated in a statement received by {Euphrates News}, that “Al-Rafidain Bank announced the facilitation of all procedures related to the issuance of documentary credits and the implementation of external bank transfers to customers from merchants and commercial companies for the purposes of financing foreign trade through the electronic platform and at the official price of 1320 dinars per dollar for commercial transfers and at a price of 1315 dinars per dollar for documentary credits.”
    The bank called on its customers wishing to cover all import operations to review its branches to open a bank account in the name of the company and according to the applicable instructions, in addition to attaching the documents required for foreign transfers. 
    He continued, "Among the permitted transactions in transfers are treatment outside Iraq, payment of tuition fees, transfers from fundamental transactions to purchase real estate abroad, transfers related to foreign investments in Iraq," stressing that "the customer must submit all the required priorities for those transfers." 
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