"SUDANI & THE UST PREPARE THEIR BANKS FOR THE NEW EXCHANGE RATE" BY FRANK26, 9 AUGUST

 KTFA

FRANK26:"SUDANI & THE UST PREPARE THEIR BANKS FOR THE NEW EXCHANGE RATE".......F26

Rafidain announces the implementation of the comprehensive banking system in 37 branches

8/7/2024

 

Baghdad
 

Rafidain Bank announced, on Wednesday, the implementation of the comprehensive banking system in 37 branches.

A statement by the bank, seen by "Al-Eqtisad News", stated that "in implementation of the government program to move from paper transactions to electronic transactions to provide the best services to citizens, Rafidain Bank announced the implementation of the comprehensive banking system in the Al-Amir neighborhood branch in Najaf Al-Ashraf and the Kut branch."

He added that "the comprehensive system has been activated in Baghdad and the governorates, in addition to the border crossing branches (Zurbatiyah - Safwan - Arar - Trebil), so that the number of effective and completed branches of the system has become (37) branches."

He added, "This is an important step to strengthen the banking system, meet its requirements, and move away from paper work and towards completely moving towards electronic systems."

The bank confirmed that "the digital transformation plan and the adoption of the comprehensive banking system are proceeding according to the scheduled timings to include all the bank's branches in the implementation of the system."

He added that "the priorities and adoptions of the government program include electronic transformation in financial transactions, reducing the circles of routine for citizens, shortening time, simplifying procedures, overcoming obstacles, and intensifying efforts to improve the level of services provided to customers and completing their transactions."

LINK

QFS CONVERSATION WITH GOLDILOCKS, 9 AUGUST

GOLDILOCKS

DTCC launch API Messaging Application

The Depository Trust and Clearing Corporation’s (DTCC) insurance and retirement services has launched a producer authorisation (PAR) service.

The service offers a standardised method for insurance vendors and distributors to communicate with carriers in order to verify producers' authorisation.

PAR deploys simultaneous messages that allows distributors and vendors to ping carriers instantly to certify producer credentials, streamlining processes, and increasing operational efficiencies.

Justin Schwartz, executive director for product management for wealth management services at DTCC, comments: “There was an industry need for a unified service that provides real-time producer data, and we are pleased to now offer PAR. In the development of the offering, we focused on building out a standardised ‘can sell’ API message platform that improves client and advisor experience by providing increased confidence in authorised producers.”

https://www.assetservicingtimes.com/assetservicesnews/technologyarticle.php?article_id=15770&navigationaction=technologynews&newssection=technology

HKMA Launches Consultation on Proposal to Rename 'Virtual Bank' as 'Digital Bank' w/ No Need to Introduce More New Virtual Bank Players at This StageFinancial News

http://www.aastocks.com/en/mobile/news.aspx?newsid=NOW.1369337&newssource=AAFN

There are two Financial Resets coming. One is digital, and the values of our new digital assets will be determined by supply and demand. This will, in turn, give us the ability to provide authentic values to our paper money. 

© Goldilocks

Việt Nam's exports to US market accelerate

https://vietnamnews.vn/economy/1660805/viet-nam-s-exports-to-us-market-accelerate.html

Maintaining development pace crucial to complete economic growth goals: Experts

https://en.vietnamplus.vn/post-291557.vnp

 Vietnam and Singapore Sign MoU to Boost Stock Exchange Collaboration - AsiaTechDaily - Asia's Leading Tech and Startup Media Platform

https://asiatechdaily.com/vietnam-and-singapore-sign-mou-to-boost-stock-exchange-collaboration/

Iraq's shipping ports are expanding. See links below.

Watch the water.

https://www.iraq-businessnews.com/2024/08/08/uk-trade-with-iraq-up-14/

https://www.iraq-businessnews.com/2024/08/08/russia-targets-iraqi-transport-development/

https://jordantimes.com/news/local/khasawneh-urges-rapid-implementation-jordan-iraq-projects#google_vignette

Iraqi Dinar Guru News Highlights (8/9/24)

"SUDANI PREPARES EVERYONE FOR THE NEW EXCHANGE RATE" BY FRANK26, 9 AUGUST

 KTFA

FRANK26: "SUDANI PREPARES EVERYONE FOR THE NEW EXCHANGE RATE"...........F26

 

Trade Bank of Iraq invites exchange companies to participate in the dollar selling window

 

8/7/2024

 

The Trade Bank of Iraq called on Wednesday all licensed exchange companies to participate in the cash dollar selling window for travelers.

In a statement today, the bank called on all exchange companies of categories (A, B) licensed by the Central Bank of Iraq to visit its branches to open a special bank account to participate in entering the window for buying and selling foreign currency for cash dollars for travelers.

It is noteworthy that the Central Bank of Iraq decided on July 4, 2024 to start selling dollars to travelers, exclusively through corporate and banking outlets at international airports.

Meanwhile, the Central Bank decided to grant exchange companies of category “AB” the ability to register internal and external remittance activities via the FITR platform.

LINK

 

LATEST FROM REINALDO JC, 9 AUGUST

REINALDO JC

 Iraq-Let’s Not Forget, Kuwait Said The Same Thing, Lying Ruling Out A Rate Change & Boom It Happened On March 24, 1991. 

Iraq Can’t Outright Tell U The Rate Is Going To Change(illegal). But We’ve Studied & Smart Enough To Know! We Are Close To The Boom(2024)!!! …LFG

6:52 PM · Aug 9, 2024

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2,103

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Iraqi Dinar🎉 WOW Excellent To See Today 2024🔥iraqi dinar news🔥revaluatio...

Sudden escalation"... America threatens Iran with a "devastating strike" and reveals a message to it,, 9 AUGUST

 America threatened Iran today, Thursday, August 8, 2024, with a "strike and devastating consequences" if it launched a major attack against Israel, in revenge for the assassination of former political bureau chief Ismail Haniyeh in Tehran at the end of last month.

The Wall Street Journal quoted an American official as saying, "We warned Iran that it could suffer a devastating blow if it launched a major attack on Israel."

"We sent a message to Iran that there is a risk of escalation if it launches a major retaliatory attack," the US official added.

He said, "Our message to Tehran did not include a threat to carry out an American strike against targets in Iran," stressing that "they warned Iran of consequences for its economy and the stability of its government if it launched a major attack."

For its part, the US State Department announced that "escalating the conflict could harm the Iranian economy," adding, "We continue to make clear to Iran that it should not escalate the conflict."

The US State Department stated that the US administration "does not communicate directly with Hezbollah, but we have partners in the region who are talking to the party."

The world, the countries of the region, and Israel are awaiting the Iranian military response to the assassination of the former head of the political bureau, Ismail Haniyeh, at his residence in Tehran on July 31, a day after the inauguration of the new Iranian president.

In the latest Iranian threats, Iran's acting Foreign Minister Ali Bagheri told France Presse today, "Our response to Haniyeh's assassination will be costly for Israel, but it will be in the interest of the region's security," stressing that "Israel is not in a position to wage war against Iran." link