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Central uses the electronic payment system for the settlement of the instruments
BAGHDAD - Iraq Press -10 July: Iraqi Central Bank announced on the use of the payments system for the settlement of the instruments between governmental institutions and banking, adding that the system would ensure the safety and efficiency of payment systems and clearing operations.
The bank said in a statement reported L / Iraq Press / It is the aim of "the development of financial and banking sector in Iraq and reducing the phenomenon of pregnancy and the circulation of money, it has been taking a number of measures in the automation of processes settlement instruments and payment orders between governmental institutions and banks electronically through a system of payments Iraqi uses a network of safe and effective. "
The bank added that "the system will allow for the operation and management of the accounts of the settlement between the participants from which to ensure the safety and efficiency of payment systems and clearing operations."
The Bank noted that "the Ministry of Finance has adopted this system in obtaining dues from various institutions instead of instruments," pointing out that "this is a key step in the way of comprehensive mechanization of each financial transactions and means of performing the obligations in Iraq.
It is said that Iraq has one of the most advanced electronic payment systems in the world. It is the system responsible for the exchange of payment orders between banks and automatically using the network safe and effective. Ended
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BAGHDAD - Iraq Press -10 July: Iraqi Central Bank announced on the use of the payments system for the settlement of the instruments between governmental institutions and banking, adding that the system would ensure the safety and efficiency of payment systems and clearing operations.
The bank said in a statement reported L / Iraq Press / It is the aim of "the development of financial and banking sector in Iraq and reducing the phenomenon of pregnancy and the circulation of money, it has been taking a number of measures in the automation of processes settlement instruments and payment orders between governmental institutions and banks electronically through a system of payments Iraqi uses a network of safe and effective. "
The bank added that "the system will allow for the operation and management of the accounts of the settlement between the participants from which to ensure the safety and efficiency of payment systems and clearing operations."
The Bank noted that "the Ministry of Finance has adopted this system in obtaining dues from various institutions instead of instruments," pointing out that "this is a key step in the way of comprehensive mechanization of each financial transactions and means of performing the obligations in Iraq.
It is said that Iraq has one of the most advanced electronic payment systems in the world. It is the system responsible for the exchange of payment orders between banks and automatically using the network safe and effective. Ended
[You must be registered and logged in to see this link.]
