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G-Lin "The Whales Have Had a Field Day" 1/2/18

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Post by roxy22222222 on Wed Jan 03, 2018 10:35 pm

News release:  "To all banks licensed to practice money exchange and all authorized financial transfer companies (filing applications on 2018/1/7)".  The pdf is in Arabic, but it mentions {RTGS} [Real-time gross settlement]. I think this may be big… It looks like it is opening Iraq up to International banking which is something we have only dreamed about. I think it is all about digital banking. It may affect the auctions. Less cash required. The imports and exports could become an instant electronic transaction. I would like to think this would require a true valued currency. It just tells me that the banking industry has really come a long way. Iraq is coming out of the dark ages since the Chap. 7 restrictions were removed. This also clamps down on the corruption in the black market imports. The whales have had a field day. Transparency and accountability will be key moving forward.
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Post by Kevind53 on Thu Jan 04, 2018 12:59 am

Yea, they had a "Field Day" alright ....
G-Lin "The Whales Have Had a Field Day"  1/2/18 5978210

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Post by Terbo56 on Thu Jan 04, 2018 10:56 am

I can 'bearly' stand it...... G-Lin "The Whales Have Had a Field Day"  1/2/18 3508649203
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