The Central Bank Of Iraq Issues A Warning To Exchange Companies Regarding The Sale Of Dollars
Banks Economy News – Baghdad The Central Bank of Iraq warned, on Sunday, exchange companies that sell travelers' dollars from receiving a commission exceeding 25 thousand dinars.
According to a document issued by the bank and obtained by "Al-Eqtisad News", it is: "Through auditing and monitoring the work of your companies regarding the sale of dollars allocated to travelers, it was noted that some exchange companies collect a commission from traveling citizens in the amount of (50,000) dinars (fifty thousand dinars), and this violates the content of our circular No. 8003/1/9 dated 7/11/2024, as we previously directed you to collect a commission of (25,000) dinars (twenty-five thousand dinars only) from the citizen when he carries out the process of purchasing dollars.
She added: "In order to proceed with the mechanism that was launched to facilitate procedures for citizens in a correct and smooth manner, we hope that you will adhere to the directives issued by this bank, otherwise it may lead in the future to your companies being excluded from participating in the foreign currency buying and selling window."
Below is the document:
No comments:
Post a Comment