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Neno's Place Established in 2006 as a Community of Reality


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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


3 posters

    Print dinar universal security specifications will strengthen the confidence indicators in local cur

    Rocky
    Rocky
    Rocky
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    Posts : 278239
    Join date : 2012-12-21
    • Post n°1

    Print dinar universal security specifications will strengthen the confidence indicators in local cur Empty Print dinar universal security specifications will strengthen the confidence indicators in local cur

    Post by Rocky Tue 07 May 2013, 6:35 am

    Print dinar universal security specifications will strengthen the confidence indicators in local currency

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    Written by Administrator Tuesday, 07 May 2013 05:25


    Baghdad Ghazwan Imran: call the process of protecting the Iraqi economy, the Government's adoption of precautionary measures in banks and security services, to prevent organized fraud gangs of bringing counterfeit money into the country, and access to the treasury of the Central Bank.



    A number of shop owners for their suffering banking from entering the local and foreign currencies fakes from different categories, containing all safety indicators present in the currency, can not be distinguished from the original iPods fraud detection, using only traditional methods reveal counterfeit currency.



    Said Amer al-Saadi: shop owner for banking in the Stock Exchange of Kadhimiya to exchange cash: Log large amounts of local currency counterfeit to the country in various categories, as well as entering the dollar Israeli-made, highly professional does not distinguish it from the original to fit on all signs of safety not fraud, but the mark milestones that have been discovered by chance that the dollar counterfeiter different from the original, in that when folded paper have chromatic simple halfway line-to-face personal American in it, as well as the existence of Milan in the edges of the paper when Ttiyaha could not printing companies counterfeit avoided, because the dollar original place print high professionalism.



    He said al-Saadi in his speech (tomorrow): counterfeit currency invaded the domestic market, so almost no Nmesha for others, the existence of lines longitudinal gilt and plastic, as the local currency was categories the big ones only visit by gangs, however, in the recent period included all denominations fraud, especially after the rise in the value of the dinar, in front of hard currency.



    For his part, said a member of the Finance Committee parliamentary Abdul Hussein al-Yasiri: All currencies in the world to visit, including currency key is the dollar, and from time to time that the dollar is rigged in most countries of the world, and can not get rid of the counterfeit currency 100%, but to crack down educate and definition the characteristics of counterfeit currency dealers and private bank officers and Trustees of the Fund and banking companies.



    He Yasiri told (tomorrow): The transformation of the banking system to an electronic system, which is dealing in it by credit card and beyond the stage of pregnancy and trading currency will contribute greatly the process of promoting the currency in shops exchange and business dealings Other.



    He called for marking important safety and difficult fraud in Iraqi currency, characterized specifications secret hidden can not be found in the Securities only by machines typographical global specialist in this area, noting that the project raise zeros from the Iraqi currency, if applied will carry with him the advantages renew Print currency, which will renounce counterfeit and strengthen confidence in dinars, and this case will raise the value automatically after a print currency format similar to the world.



    He noted Yasiri that the best way to adjust the counterfeit currency audited the Trustees of the Fund in banks currency contained them first hand, as I ought to be responsible (bunker), in every bank and every branch of expertise and competence and the ability to detect counterfeit currency, must also provide staff officials to check the detectors currency forgery and counterfeiting, and these devices exist at low prices and can be used to prevent the arrival of counterfeit currency to the state treasury.



    He confirmed the existence of relevant personnel will prevent to a large extent the arrival of counterfeit currency and those who made it from organized gangs, which enter large amounts of the border or that we re working mechanism previous demand of everyone passengers that is determined by the amount of Iraqi currency and foreign-borne, demanding work بالاستمارة No. (8) of the Central Bank, was in place in the past, which record the traveler returns to Iraq, foreign currency and local which it enters into the country and that the organizational aspect is important to keep on how much currency inside and outside of the country and determine the additional quantities that may be fakes.


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    4aprofit
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    Posts : 16
    Join date : 2012-12-19
    • Post n°2

    Print dinar universal security specifications will strengthen the confidence indicators in local cur Empty Re: Print dinar universal security specifications will strengthen the confidence indicators in local cur

    Post by 4aprofit Tue 07 May 2013, 7:16 am

    I have always wondered why the articles like the one below exist...that is if counterfeitting was/is so bad...as all countries have counterfeit notes, but predominently all the ones that have the most of it, have currencies that have a real value, and/or that are internationally recognized...at least as per having more places to pass them off...like for example: the U.S. Dollar or the Euro..which is used most everywhere in the world and in a much larger demand...they have already said that the U.S. Dollar is being found over there as counterfeit, and/or as per it being a delimna...as per it's demand over the dinar...and it is much more demanded even by Iran, Syria, Etc...(I may be wrong but this sounds like a smokescreen to deter speculators and investors, as these articles have escalated only recently)...

    10-21-12, Iraq states that only 25K of every 1 Billion IQD is Counterfeit!

    <blockquote style="padding-left: 5px; margin-left: 5px; border-left-color: rgb(16, 16, 255); border-left-width: 2px; border-left-style: solid;">

    Iraqi Central Bank Warns of
    Counterfeit Money



    Sunday, 21 October,
    2012


    SULAIMANI, Kurdistan Region—The head of the Bank of Kurdistan says that the
    Central Bank of Iraq has warned all branches across the country of the
    circulation of counterfeit Iraqi banknotes in the market.
    “We are always concerned about the spread of counterfeit money in the
    market,” says Dilshad Abdulmajid, the head of the Sulaimani branch of the Bank
    of Kurdistan.



    Abdulmajid told Rudaw that up to now fake
    banknotes have not reached Kurdistan’s markets in amounts that would pose a
    threat to the economy.

    “But because of the situation in Syria and threats against Iran, there is
    the risk of counterfeit money crossing the borders of Iraq and the Kurdistan
    Region.” Abdulmajid said.
    He suggests that border checkpoints and customs officials should be more
    vigilant.
    Adham Karim, the head of the main branch of the Bank of Kurdistan says that
    his office does not have certain data about the circulation of counterfeit money
    in Iraq. But Abdulmajid maintains that his branch has been informed by Baghdad
    of the spread of fake 5000-dinar bills and that “we should be more careful when
    dealing with that particular note.”
    Karim does not deny that his staff detects fake banknotes passing through
    his bank from time to time, but he says it has always been in insignificant
    amounts.
    “However,” Karim says. “The borders are more open now and extra vigilance
    is necessary.”
    Abdullah Muhammad, a money trader in Sulaimani’s currency exchange market
    says that fake banknotes are like a “time bomb that may suddenly explode” if it
    is ignored.
    “Twice in the past I have been given fake money,” Muhammad says. “But
    thankfully both times the amounts were small. By the time I found out the person
    had gone. Now, I check every single note I receive.”
    Tahir Abdullah, the manager of the Sulaimani Airport says that his staff
    has never seized any counterfeit money passing through the airport.
    “Any money passing through the airport is under the supervision of the
    airport customs,” Abdullah says. “But sometimes the amounts are too huge to be
    checked individually.”
    Abdullah added that people who trade in forged currency might not use
    airports to move their money around.
    One of the security features of Iraqi money is a metallic thread that runs
    through most banknotes. Abdulmajid says the thread is missing in the fake notes,
    but the forgers have tried to come around that problem, too.
    “The fake notes do not have the thread, but there is a thin line that
    resembles the thread,” he says. “You won’t be able to notice it if you do not
    look carefully.”
    Abdulmajid says that in every 1 billion, 25,000 dinars could be
    counterfeit, and “this could be something normal. But this is the first time we
    get warnings from the Central Bank of Iraq.”
    Kurdistan’s Minister of Finance Bayiz Talabani says that he is unaware of
    counterfeit money circulating in Iraqi markets, but he is certain that such
    notes cannot enter Kurdistan’s markets.
    “We have great money inspection machines and such notes cannot reach us
    easily,” he told Rudaw.

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    </blockquote>
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    ron-man
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    All In Investor
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    Posts : 1295
    Join date : 2013-01-19
    • Post n°3

    Print dinar universal security specifications will strengthen the confidence indicators in local cur Empty Re: Print dinar universal security specifications will strengthen the confidence indicators in local cur

    Post by ron-man Tue 07 May 2013, 8:44 am

    Yes,if your money is not worth anything,why counterfit.
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    • Post n°4

    Print dinar universal security specifications will strengthen the confidence indicators in local cur Empty Re: Print dinar universal security specifications will strengthen the confidence indicators in local cur

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