Rasheed Bank announced on Thursday its intention to apply the "IBAN" system for transfer of funds inside and outside Iraq, referring to the use of the overall banking system through the application of this system.
The bank manager Rashad Khudair in a statement obtained by "trend Press a copy of" the bank set up a training course on the use of issuing identity IBAN bank to bank customers special program , "noting the importance of " the program in the unification of the bank accounts of all banks operating in Iraq figures in preparation for the use of the banking system overall, which leads to improving the level of financial and banking services . "
He Khudair , "it was a timetable for lecturing on the branches and staff of the current account and savings managers to explain the importance of the International Bank Account Number setting , " noting that " the bank will pay under this system to transfer money in and out of Iraq for all customers bank through that account." EST
Mentions Iraqi banks have not kept pace with developments in the work of international banks developments, andhas been linked through the use of telephone and fax machines, and did not interfering internet only after the year 2004. the Ministry of Finance to the banks associated with them to develop through the introduction of modern technologies and linking banks globally automatically, to facilitate the transfer of funds to and from Iraq.
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