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Central Bank building one independent bodies in accordance with the Iraqi constitution .. Photographed by Mahmoud Raouf
Author: AB, HH
Editor: AB, HH 02.14.2016 14:51 Number of Views: 123
Long-Presse / Baghdad
CBI revealed, on Sunday, all the banks and companies "unlicensed" to provide payment services through cards, and warned citizens of "handling and trading instruments issued by that," as traders threatened and issuers of those cards to "legal accountability".
The central bank said in a statement received (range Press), a copy of it, that "there are banks and companies that are not licensed by the Central Bank, is providing payment services through the cards."
The central bank warned, the public of the "handling and trading instruments issued by that," asserting that "the cards issued by the views of unlicensed trading of the Central Bank of Iraq is illegal, which customers and exporters of these cards to legal accountability may expose."
The Rafidain Bank announced, in August 2015, for the release of about 500 thousand smart card to their beneficiaries during the first half of this year, as he emphasized that the cards were distributed to the displaced immigration and the network of social protection and retirement community.
It is noteworthy that the smartcard in the Iraq regime began the end of 2008, to facilitate the exchange of monthly salaries and deduct what suits his card out of his salary so that he can save the rest in his account, and includes an integrated personal benefit in eliminating fraud in receiving the salary information, and adopted two years card the last two in the pensions of civilian and military distribution, and covered by social protection network.
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