"EXCHANGE COMPANIES IN IRAQ ARE BEING TAMED BY SUDANI!!!" BY FRANK26, 22 JULY

 KTFA

FRANK26: "EXCHANGE COMPANIES IN IRAQ ARE BEING TAMED BY SUDANI!!!".........F26

Determining a new commission for banks and exchange companies from Iraqi travelers.. Document

7/13/2024

The Central Bank of Iraq has set the commission of banks and exchange companies from travelers at only 25 thousand dinars.      

An official document issued by the Central Bank, which Shafak News Agency reviewed, showed that it decided that the administrative commission for banks and exchange companies operating in airports would be 10,000 dinars instead of 15,000 dinars for each transaction.                                

The document added that exchange companies collect 15 thousand dinars for each transaction. 

She explained that the total lump sums of 25 thousand dinars will be received from the traveler from the citizen when he makes a purchase from exchange companies by entering his information through the financial transactions platform.                                                

She pointed out that the exchange companies will settle with the companies and banks operating at the airport later, indicating that the commissions will be reviewed after 6 months.

 

TRANSLATION:

Central Bank Of Iraq

 

You have a public vehicle

Al-Rafidain Bank, Al-Rasheed Bank, Iraqi Trade Bank, Fenty Exchange Companies (A, B)

M commission

Later in our circular numbered 8/9/302 dated 6/30/2024, and regarding what was stated in paragraph (2) thereof.

We would like to inform you that it has been decided that the administrative commission for banks and exchange companies operating at airports will be in the amount of (10,000) ten thousand dinars instead of (15,000) dinars (fifteen thousand dinars) for each transaction, and the exchange companies will collect a commission in the amount of (15,000) dinars. (000) dinars (fifteen thousand dinars) for each transaction, and the total amount of the lump sum commission amounting to (25,000) dinars (twenty-five thousand dinars) is received from the citizen when he makes a purchase from exchange companies and enters his information on the financial transactions platform (FITR) so that the mentioned companiesThe settlement will be made with the bank or company operating at the airport later, and the above commissions will be reviewed after (1) months.

with respect .
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