The Central Bank republishes controls for declaring funds and bringing them in or out of Iraq
Today, Tuesday (October 29, 2024), the Central Bank of Iraq republished the controls for declaring funds, while indicating that it allows the entryor exit of amounts less than $10,000.
The bank said, according to a statement received by "Baghdad Today", that "in order to reduce the risks of bringing in and out money across the Iraqi borders and exploiting this in money laundering or terrorist financing operations, and based on the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2025, and the provisions of Controls No. 1 of 2029 (amended Controls No. 1 of 2017), the following must be adhered to:
1. It is permitted to bring in or take out amounts less than (10,000) dollars (ten thousand US dollars) or its equivalent in other currencies without declaring them.
2. It is permitted to bring in or take out amounts exceeding (10,000) dollars (ten thousand US dollars) to 20,000 dollars (twenty thousand US dollars) provided that they are declared, with the necessity of presenting evidence supporting the purpose of bringing in or taking out these amounts. In the event that supporting documents are not available, the traveler must submit a pledge to bring these documents after (30) days from the date of declaration.
3. It is prohibited to bring in or take out amounts exceeding (20,000) dollars (twenty thousand US dollars) or its equivalent in other currencies, and the process of bringing in or taking out these amounts shall be exclusively through financial institutions.
4. It is prohibited to bring in or take out amounts exceeding (1,000,000) dinars (one million Iraqi dinars) even if they are declared, and the amount will be seized and legal measures will be taken against it. 5. Declaration of precious stones and metals if their value exceeds (10,000) ten thousand US dollars. 6. Declaration of financial instruments that are negotiable to bearer or are transferred inside or outside Iraq by a person, postal service, shipping service or any other means and whose value exceeds (1,0000) ten thousand US dollars link
I wanted to tell everyone to prepare. I wanted you to know that THIS IS THE TIME! IT'S DEFINITELY COMING. This is the week we are waiting for! Mauricio is ready to leave, and when he leaves, everyone will leave.
Precatorias is waiting for Mauricio. So when he leaves, then everyone will leave.
I got a call from private contractors and everything is signed with the general payers. We were going to go today, but tomorrow those people will get paid. I'm not sure of the triggers. They said they got paid, I'm trying to confirm that.
Everything is coming and get ready. I agree with Bruce. President Trump wants this done by October 31. Rumors say there may not be an election, they can come out and say 2020 was a fraud and reinstate President Trump as the legitimate president and those people will be arrested.
Bruce's information on Iraq is correct, they started and the template for the foreign exchange market was laid. It will be exciting when we get the opera call. I will be ready at any time of the day or night, I will put on my operatic voice and sing for you live. I wanted to share this with you so that you don't think that it will be a year, as some say, that is not true.
Have a beautiful day or night and look forward to it happening this week.
You should receive notifications in your emails tomorrow. They will be very excited and happy! Love you guys, Wolverine (transcribed by Carpathia)
LISTEN TO CARPATHIA'S IMPROVISED SPEECH at the end of the audio…
TRANSLATE IN SPANISH
Quería decirles a todos que se preparen. Quería que supieran que ¡ESTE ES EL MOMENTO! DEFINITIVAMENTE VIENE. ¡Esta es la semana que estamos esperando! Mauricio está listo para irse, y cuando se vaya, todos se irán.
Precatorias está esperando a Mauricio. Entonces, cuando se vaya, entonces todos se irán.
Recibí una llamada de contratistas privados y todo está firmado con los pagadores generales. Íbamos a ir hoy, pero mañana a esas personas se les pagará. No estoy seguro de los factores desencadenantes. Dijeron que les pagaron, estoy tratando de confirmarlo.
Todo está llegando y prepárense. Estoy de acuerdo con Bruce. El presidente Trump quiere que esto se haga antes del 31 de octubre. Los rumores dicen que puede que no haya elecciones, pueden salir y decir que 2020 fue un fraude y restablecer al presidente Trump como presidente legítimo y esas personas serán arrestadas.
La información de Bruce sobre Irak es correcta, empezaron y se colocó la plantilla para el mercado de divisas. Será emocionante cuando recibamos la llamada de ópera. Estaré listo en cualquier momento del día o de la noche, pondré mi voz de ópera y cantaré para ustedes en vivo. Quería compartir esto con ustedes para que no piensen que pasará un año, como dicen algunos, eso no es verdad.
Que tengan un hermoso día o noche y esperen a que suceda esta semana.
Deberían recibir notificaciones en sus correos electrónicos mañana. ¡Estarán muy emocionados y felices! Los quiero, chicos, Wolverine (transcrito por Carpathia)
ESCUCHE EL DISCURSO IMPROVISADO DE CARPATHIA al final del audio…
Rafidain Bank studies establishing an electronic platform for trading government bonds
Rafidain Bank confirmed, today, Wednesday, the establishment of an electronic platform for trading government bonds.
The bank stated in a statement received by Al-Maalouma Agency that it “will sponsor an expanded meeting in cooperation with the Securities Commission and the Iraq Stock Exchange to discuss launching an electronic platform for trading government bonds.”
He pointed out that "the meeting will be sponsored by the Minister of Finance and the Governor of the Central Bank of Iraq." link
Thank you MarkZ for all your time, and encouragement daily….. PDK
MarkZ Update- Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member:Attention On Deck, The Captain Is Taking The Bridge
Member: Good Wednesday morning to you all….
Member: Some say today is the day. Although, they have said that at times for months.
Member: What have you heard Mark?
MZ: Put of Iraq- “The price of monetary policy and reactivation of securities” The CBI is letting us know growth rates are out stripping inflation. And they are reactivating securities in the country. This means we are watching the white paper reform ( Financial reforms) and the restructure of their monetary system so they can revalue the dinar and restore it to its status in the world and to lift all Iraqis up with increased purchasing power.
MZ: “KDP admits the difficulty of resolving the election of a new speaker of the Iraqi Parliament tomorrow” They may not get their speaker tomorrow. The Sunnis are fighting it. But they do expect to have a spealer sat in the next few days. Is this important? I have someone in the Finance Ministry who believes it is important. ..
MZ: “Customs announces a significant increase in revenues from the Trebil Port after linking it to the AYUSCUDA system” This big increase is because they have gotten rid of the ability of individuals to dip their fingers in the honeypot/cookie jar…..the cookies stopped disappearing when they put in the child safety lid…... Tarrifs and customs are coming in at record levels.
Member: Iraq, Iraq, Iraq I hope to never hear that word again after this passes. Is anyone else with me?
Member: Also the words Close, Imminent, Soon and Anytime
Member: Iraq is probably just as frustrated as we are.
Member: Iraq is probably waiting for the elections like us –so they know who they will be dealing with in the future.
Member: Can Iraq go very long with the new policy of not letting any more than one million dinar leave the country now per person?
MZ: No- not really …I don’t think they can very long now that they are shutting down the auctions …they have to bring in money from other countries until the dinar is more powerful.
Member: What about your bond holder? Is he liquid?
MZ: I am hearing “crickets” from the one bond holder that was supposed to have dollars by today. I am not too surprised…..either he is trying to figure out where it’s at…or he got it and went quiet. My suspicion is he has not been paid yet or does not have full access yet. .
Member: Bond folks are in the same position as we are. Waiting for the trigger
MZ: I totally agree
Member: Hello, my name is Bond….Paid Bond…..lol
MZ: Shaken or stirred?
Member: Any Redemption center news?
MZ: They are still waiting and still hopeful . My contacts who have been trained in exchanging foreign currencies (specifically the currencies we hold) also work in wealth management. They all know there will be a sudden injection of wealth. They are prepared and ready and just as frustrated and irritated as you and I are.
Member: Wolverine says money on the way!!
Meber: 6 days until the election…maybe after things settle down the RV trigger will be pulled.
Member: MarKZ I know you told us it would be crazy toward the end but damn!
Member: Here we are Still Standing after all they have done …That is victory… We are Champions …We are winners …Standing at the scrimmage line for our blessings WWG1WGA
Meber: We were CHOSEN to be here at this time...Have faith...Our day is coming...We will create our new beautiful earth together.
Member: Have a great day fellow RV’ers……I’m praying we are at the end of this journey!
THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
