***** Securities Commission

Admin Tue Dec 10, 2013 7:53 am

12/10/2013 0:00

BAGHDAD - morning

Preparing the Securities Commission in collaboration with the Trade Bank of Iraq (TBI) provide Mlakatha smart card ( Ki ) for the disbursement of monthly salaries beginning of next year .

Chairman of the Securities Commission , Dr. Abdul Razzaq al-Saadi revealed (morning) that the whole will begin distributing monthly salaries in accordance with the smart card early next year , which ensures easy handling .

He said he could be discharged from any bank Omketb external specialist and is not limited only to the relevant department , instead of carrying cash bloc , which is a process of honest employees, as well as the cost of the tax nearly 20 000 dinars per year .

He said the global system supports reducing the circulation of currency and use cards Alrshehadah , so it has to be traded ( currency ) through magnetic cards such as Visa Card (VISA) and MasterCard (MasterCard), calling to work in this direction , which solves the crisis, some private banks lagging in payments , and encourages investors to use their money chunky easily .

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