Central Bank seeks to application of electronic payment systems
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Central Bank seeks to application of electronic payment systems
Wow, we finally got something out of the CBI!
25/08/2013 (00:01 pm)
Baghdad / Qais chopsticks
Iraqi Central Bank revealed about his quest for the application of electronic payment systems that contribute to the development of the banking sector through the clearing system of electronic instruments.
The central bank said in a statement received "long" version of it, that the application of these systems is designed to reduce the use of (cash) in the country where, because the business environment is characterized by fast transactions and keep abreast of developments, especially in the field of banking transactions in general and the areas of the use of modern payment particular .
The statement added that the systems that are built the Central Bank of implementation is the clearing system instruments, electronic which can banks of the exchange of payment orders of low value and instruments encoded with each other electronically and locations where the co-Most private banks and their branches in the system and the number of participants (40) banks in addition to bank Rafidain and Rasheed.
He continued: since 2004, sought the bank to the application of electronic payment systems because of the challenge of geographical and security issues that have made the process of transferring money across the country is difficult and reserved risks and therefore tend endeavors to complete the settlement processes of checks and salaries and activation of automation systems for the card electronic.
And the statement, that the care of the central bank to complete the transition to electronic clearing aims to reduce the period of clearing hand beyond sometimes month and through the application of these systems will create a banking environment, creative and available secure environment for clients with the tools banking and motivated economy and trade finance various sizes and this is what we are done quickly .
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.almadapaper.net/&sandbox=0&usg=ALkJrhjuIXfWg6Vj_RtN-AB0Ya42CCoocA
25/08/2013 (00:01 pm)
Baghdad / Qais chopsticks
Iraqi Central Bank revealed about his quest for the application of electronic payment systems that contribute to the development of the banking sector through the clearing system of electronic instruments.
The central bank said in a statement received "long" version of it, that the application of these systems is designed to reduce the use of (cash) in the country where, because the business environment is characterized by fast transactions and keep abreast of developments, especially in the field of banking transactions in general and the areas of the use of modern payment particular .
The statement added that the systems that are built the Central Bank of implementation is the clearing system instruments, electronic which can banks of the exchange of payment orders of low value and instruments encoded with each other electronically and locations where the co-Most private banks and their branches in the system and the number of participants (40) banks in addition to bank Rafidain and Rasheed.
He continued: since 2004, sought the bank to the application of electronic payment systems because of the challenge of geographical and security issues that have made the process of transferring money across the country is difficult and reserved risks and therefore tend endeavors to complete the settlement processes of checks and salaries and activation of automation systems for the card electronic.
And the statement, that the care of the central bank to complete the transition to electronic clearing aims to reduce the period of clearing hand beyond sometimes month and through the application of these systems will create a banking environment, creative and available secure environment for clients with the tools banking and motivated economy and trade finance various sizes and this is what we are done quickly .
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.almadapaper.net/&sandbox=0&usg=ALkJrhjuIXfWg6Vj_RtN-AB0Ya42CCoocA
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