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Bank: credit cards enhance the banking
Date: Thursday, 09.08.2012 6:15
Baghdad / term
banking expert said the importance of improved use of credit cards to citizens in the banking transactions to easily dispose of the funds, calling for the dissemination of work in all government and private banks. Ali said, according to the Agency (news) that the credit card (Alvezacard) and (Mastercard)
Is very important in banking, because they are singing from the use of the money supply for the mobile citizen Ptaamlath in the local market. He noted that the financial system in Iraq is about to start a financial electronic art called "divided the national will" help to promote credit cards and expands the spread, indicating that the services of a credit card will make the dealers in the local market, obviating the use of the money supply because it has become a phenomenon tiring and expensive. He suggested: the completion of the distribution of cards by the persons have an account under way in Iraqi banks and they can get on this card, referring to a process similar to the cards, smart credit used to receive pensions, but they are extended means that the card holder could be dealing with restaurants or hotels or other markets, instead of paying cash.
It is noted that the Trade Bank of Iraq announced the launch of credit cards for people dealing with them for easy handling and the elimination of dealing in the money supply in local markets. Known as the credit card bank as a financial loan consumers can use to buy accessories and pay later, if he is willing to pay all the borrowing them (buy) in any month, it allows him to rotate the part or all of the borrowed amount to the next month, and the consequent in this case the payment of interest on the debit balance (existing), The most famous types of cards: card account, the city card, ATM card, the card secured credit, smart card, prepaid card, card coalition, card allowances (bonuses), the card brand double.
(hmmmmm....could the "Ali" they mention in this article as a banking expert be the our DT Ali? )
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