Monday, February 19, 2024
The Central Bank Determines The Mechanism For Granting License Applications For Electronic Payment Companies, 19 FEB
The Central Bank Determines The Mechanism For Granting License Applications For Electronic Payment Companies
Economy | 02:14 - 02/18/2024 Mawazine News – Baghdad On Sunday, the Central Bank of Iraq revealed the mechanism for granting a license to electronic payment companies, confirming the continued acceptance of license applications.
The Central Bank specified, according to a statement received by Mawazine News, that “the applicant, whether a natural or legal person, must have at least three years of experience in the field of electronic payment and the payments industry, and this includes the founders and participants,” indicating that the application includes a detailed explanation of the added value of the electronic payment sector.
In Iraq, which will be provided by the company to be licensed, especially in the field of modern collection techniques and enriching the Iraqi market with distinguished and applicable service.”
The bank stressed "the necessity of submitting a request for a detailed technical feasibility study of what the company to be licensed will provide, pointing out that the request includes the minimum standards for accepting applications for obtaining a license to operate as an electronic payment service provider, in addition to what is stated in the electronic payment services system."
The bank confirmed that “applications that do not meet the aforementioned licensing conditions will be rejected.” https://www.mawazin.net/Details.aspx?jimare=242301
"RV UPDATE" BY JEFF, 19 FEB
Jeff
Article: "The Prime Minister of Iraq receives a new invitation without an appointment to visit Washington" Sudani will be visiting Washington after they've revalued their currency to discuss getting their possessions back from the United States, such as all of their OPEC oil dollars...We have other collateral and assets on them, we need to give them back. That's the reason he'll be going to Washington after the rate has changed...
Everything's happening exactly when it's happening for a very specific reason...Iraq is bringing some very critical steps forward specifically within the month of March... Article "The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March" March was not chosen coincidentally...Kuwait and Iraq have the same budget period which is April 1st...
An Economist Reveals The Key To European Investment In Iraq, 19 FEB
An Economist Reveals The Key To European Investment In Iraq
Economy | 02/18/2024 Mawazine News – Baghdad Economist Safwan Qusay said that the presence of Prime Minister Muhammad Shiaa Al-Sudani in the Netherlands is a key to convincing the European investor to partner with Iraq.
Safwan said in a televised interview followed by Mawazine News: “The policy of the Sudanese government is clearly moving towards making the Iraqi economy a global economy,” stressing that “we have untapped resources in all sectors and we have an opportunity to link the Asian system with the European Union after the completion of the Al-Faw port.” In Basra.
He added, "We need investments from the European side in the way of development and exploitation of the Dutch port of Roten Daan, which is the largest port in Western Europe and is a gateway for transporting production from Germany, Britain, Paris, and Belgium. About 500 million tons enter through this port annually."
He stated, "Linking the port of Al-Faw to the port of Rotten Down is based on the fact that Turkey is a strategic partner that will transport these goods, merchandise, and people, and that the Netherlands, for Iraq, will be the communication station, especially since the European Union has begun to search for importing alternative commodities to gas and oil."
He pointed out that "the presence of the Sudanese in the Netherlands is a key to convincing the European investor to partner through the giant British insurance companies," noting "the possibility of transferring part of the German and Italian production lines to Iraq, given that we have the production capacity." https://www.mawazin.net/Details.aspx?jimare=242295
"RV UPDATE" BY TEXAS SNAKE, 19 FEB
TEXAS SNAKE
know there is a call tonight which I plan on listening to but in advance the banker texted me that he would nave info in the morning that he would call me with around 10:00 am tomorrow. He did not indicate it was the start times for u just some additional info.
While I have no control over this room or what is allowed or deleted the banker has advised he will have information he will share during my church service in the morning.
Well the banker is very hopeful that no more snags develop this upcoming week and his staff can begin scheduling appointments and we can be completely finished with exchanging by months end. He will so advise ASAP as soon as he knows.
Tier4b will receive notification around the first of next week and be able to set appointments starting Thurs. 18 Jan.
Wed. 10 Jan. to Fri. 12 Jan. Texas Snake:
“The folks I am hearing from are suggesting our notifications will occur between the Wed. 10th and Fri. 12th of Jan, with exchanges commencing somewhere between Thurs. 18th and Sat. 20th.
https://dinarevaluation.blogspot.com/2024/01/rv-update-by-texas-snake-11-jan.html
Forwarded from Texas Snake:
Well the call confirmed what I had heard and was going to share. There are more rumors and tentative release dates than anyone can keep up with starting today thru the end of March but the folks I am hearing from are suggesting our notifications will occur between the 10th and 12th of this month with exchanges commencing somewhere between the 18th and 20th with a maximum initial cash distribution via debit card of 10k with balance due deposited in your new QFS Account within 10 to 15 business days after your exchange. Is there confirmation of this via official agencies, NO, but the exchange centers are preparing for the dates suggested to schedule appointments. Best I have at the moment…….
https://t.me/Bearded_PatriotsUSA/11616
Forwarded from Texas Snake:
It is 2300 hours on the 4th of January and while I have no definite date or time I am encouraged based upon preparations dealing with exchange center preparations I have become privileged to learn about that our window drawers nearer and nearer. GOD Bless you folks for hangin’ in there.
https://t.me/Bearded_PatriotsUSA/11304
https://dinarevaluation.blogspot.com/2024/01/exchange-centers-by-texas-snake-6-jan.html
Tues. 2 Jan. 2024 Texas Snake:
- “The WF Banker is back in Texas and does not anticipate on returning to the West Coast until we have concluded our exchange process and his job in these five states has concluded. He seemed very positive it wouldn’t be that long a period before he could rejoin his family.”
Folks, as I have stated before the world economy cannot continue without the RV and the powers that be know this. On Fri. 23 Dec. I spoke with a banker contact. He was going to Los Angeles or San Francisco to spend the holiday with his family. He indicated that point it might be much later into January before we did anything.
So today (Thurs. 28 Dec.) since I hadn’t heard from him, I called and spoke to his Assistant. She said he’s planning to fly back into Texas tomorrow Fri. 29 Dec. He’s got these five stages he’s involved with. He’s training a number of Wells Fargo bankers on the procedures that they have to follow in order to do exchanges.
He said that everyone that goes through an exchange process will be getting some type of a new Credit Card/ Debit Card that hooks into the QFS system. At your exchange you will get at least one or two percent of whatever you’re going to exchange immediately put on that card. They will open a new account for you, or possibly multiple accounts.
If you have more than one currency and wish to open an account for each currency, they will do all that at your exchange meeting. Then it will be 10 to 20 days after that funding will actually appear in your new accounts. I think he said it was a $10,000 dollar debit card to leave the exchange process with so you have funding at least up to 10 grand to do certain things you may need to do.
https://dinarevaluation.blogspot.com/2024/01/rv-update-by-texas-snake-4-jan.html
GOLDILOCKS: WTO ACCESSION PROGRESS OF IRAQ , 24 NOV
GOLDILOCKS The Secretariat plans to organize a Round Table to discuss Iraq's technical assistance needs to further facilitate its acces...
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...