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The Iraqi Central Bank allows direct transfer of funds between electronic cards

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The Iraqi Central Bank allows direct transfer of funds between electronic cards Empty The Iraqi Central Bank allows direct transfer of funds between electronic cards

Post by GirlBye Wed Oct 28, 2020 10:52 am

The Iraqi Central Bank allows direct transfer of funds between electronic cards 640


Mubasher: The Central Bank of Iraq announced today, Wednesday, the availability of direct transfer of funds between electronic cards; In pursuit of his strategy to shift towards electronic payment.

In a statement, the Central Bank affirmed that banks issuing electronic cards and electronic payment service providers have adopted the service of financial transfers between electronic cards (from one card to another).
The Central stipulated that the ceiling for the one-time transfer should not exceed 400 thousand dinars or its equivalent in US dollars, while the limits of the amounts transferred during one month will reach 2 million dinars or its equivalent in US dollars.

On August 18, the Central Bank of Iraq called on all citizens to deal with banks and licensed financial intermediation companies during large cash exchanges, instead of hoarding in homes.

The Governor of the Central Bank , Mustafa Ghaleb Al-Kitab, confirmed that a deliberate banking plan had been drawn up. It would develop the work of the central bank, strengthen the national currency, and address negatives, in cooperation with the courts specialized in joint work with the central bank.

https://www.mubasher.info/news/3713661/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D8%AA%D9%8A%D8%AD-%D8%A7%D9%84%D8%AA%D8%AD%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D8%B4%D8%B1-%D9%84%D9%84%D8%A3%D9%85%D9%88%D8%A7%D9%84-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D8%A8%D8%B7%D8%A7%D9%82%D8%A7%D8%AA-%D8%A7%D9%84%D8%A5%D9%84%D9%83%D8%AA%D8%B1%D9%88%D9%86%D9%8A%D8%A9/?currentUserCountryCode=US
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The Iraqi Central Bank allows direct transfer of funds between electronic cards Empty The central bank enables direct transfer of funds between electronic cards

Post by claud39 Wed Oct 28, 2020 12:25 pm

The central bank enables direct transfer of funds between electronic cards






October 28, 2020




The Iraqi Central Bank allows direct transfer of funds between electronic cards News-160387518514460



In pursuit of implementing its strategy of shifting towards electronic payment, the Central Bank of Iraq confirms that banks that issue electronic cards and providers of electronic payment services have adopted the service of financial transfers between electronic cards (from one card to another), provided that the transfer ceiling for one time does not exceed (400) thousand dinars or equivalent. In US dollars, while the limits of the amounts transferred during one month will reach (2) million dinars or its equivalent in US dollars.
 
 
The Central Bank of Iraq
   Media Office
October 28, 2020





https://cbi.iq/news/view/1588
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