FRANK26: Soon I will be receiving thousands of locations where you will be able to exchange#iqd

 

Central Bank Renews Directive to Spread and Expand Financial Services and ATMs 14 JAN

 Central Bank Renews Directive to Spread and Expand Financial Services and ATMs

The Central Bank of Iraq renewed, on Sunday, a directive to banks and non-banking financial institutions to spread and expand their financial services in areas that lack the presence of various services for bank card holders.

The Central Bank said in a statement received by "Al-Eqtisad News" that "the bank is working within its strategy to provide various services to bank cardholders, by expanding the spread of cash delivery outlets and through all available channels, including ATMs and POC cash payment devices, as well as authorized exchange companies, electronic payment company outlets, and POS electronic payment devices spread throughout Iraq."

The statement added, "The Central Bank confirms in its circulars that included directing banks and non-banking financial institutions to spread and expand their financial services in areas that lack the aforementioned services. "

He continued, "The bank seeks to develop these services by establishing the latest infrastructure for financial products and services in Iraq, and improving them continuously," calling for "submitting inquiries and complaints, if any, through the following link: https://complaint.app.cbi.iq/."link

Frank26 : Discussing photo of an unknown lower note sent to Frank, 14 JAN

 Frank26 

 [Discussing photo of an unknown lower note sent to Frank] 

 SENDER:  What's that [note] underneath it [photo of the known 250 and 500 dinar notes]?  

FRANK:  I don't know what that is.  Where did you get this? 

 SENDER:  It's from a contractor in Iraq... 

FRANK:  It's not just because of the color I see there, it's the packaging that attracts my attention.

  SENDER:  My buddy said he got the pictures from his interpreter friend who goes out on patrols with him daily.  The interpreter's brother works in a very small bank...He had to pay the brother three bottles of Old Spice cologne in order to get this picture to him.

 SENDER:  I guess they can't get it over there, pretty valuable.  The brother said they have pallets of the smaller bills there in the vault but they haven't released them yet to anyone.  I guess he could get in serious trouble if they found out he took this picture. 

 FRANK:  So I'm understanding this correctly, your friend who's a contractor, his interpreter has a friend at a bank and he took a picture and he smuggled them out and he gave them to your friend and your friend gave them to you?  

SENDER:  Exactly. 

 FRANK:  It had three qualifications but the one that got me was the packaging. 

MILITIAMAN: They're looking for an exchange rate change because that's what's going to happen.

 

National Data Center, Customs And Border Ports Authority Announce Launch Of Customs Automation System, 14 JAN

  National Data Center, Customs And Border Ports Authority Announce Launch Of Customs Automation System

Sunday 12 January 2025 | Economic Number of readings: 198  Baghdad / NINA / The National Data Center at the General Secretariat of the Council of Ministers announced the launch of the "ASYCUDA" system in cooperation with the General Authority of Customs and the Border Ports Authority, in ten land, sea and air border ports, after conducting a comprehensive assessment of the infrastructure in 14 border ports, within the framework of supporting the government's program for digital transformation and automation of customs operations in Iraq.

Director of the National Data Center Department, Ammar Mazhar Al-Tamimi, stressed that the success of operating the system reflects the exceptional efforts made to develop the infrastructure supporting customs automation, pointing to the government's commitment to the success of this vital project that contributes to enhancing the efficiency of customs operations and achieving transparency.

Al-Tamimi pointed out, according to a statement by the Secretariat of the Council of Ministers, that the efforts included providing the General Authority of Customs with modern technical equipment, in addition to establishing a secure network system based on advanced servers and firewalls, with the allocation of a separate environment to ensure data security and link the system to the secure government network. "

In a related context, the General Authority of Customs in the Ministry of Finance and the Border Ports Authority, with the support of the National Data Center, continue to work on expanding the scope of the system to include additional ports, including Basra International Airport, Khor Al-Zubair Port, and Abu Flus Port, which are scheduled to be operational in the coming months."

The customs automation project aims to raise the efficiency of customs performance and facilitate the movement of goods in line with international standards, in a qualitative step to support the national economy and improve the business environment in Iraq. " https://ninanews.com/Website/News/Details?key=1179572

 

WALKINGSTICK: IRAQI BANK FRIEND AKI : THEY'RE DE-DOLLARIZING THE WHOLE MIDDLE EAST!!, 14 JAN

 Walkingstick 

  [Iraqi Bank Friend Aki update]

  They are de-dollarizing the whole Middle East. 

  They are obligated to use IQD only and obligated to have a new exchange rate and currency.

AKI:  We are just sitting here waiting for the introduction of the new exchange rate that will come from the '25 budget. 

 We wait for the budget laws that will expose the budget and its components and the new rate..

MAJEED: THE BUDGET WILL BE ADJUSTED TO THE NEW RATE OF THE IRAQI DINAR @DINARREVALUATION #iraqidinar