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Digital enrollment service launched

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1Digital enrollment service launched Empty Digital enrollment service launched Sun Feb 07, 2021 1:50 am

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https://cbi.iq/news/view/1651

Digital enrollment service launched

February 07, 2021

The Central Bank of Iraq announces the launch of the digital enrollment service, which is the first of its kind in Iraq and the region.

Digital enrollment is an integrated digital financial system that enhances financial independence and liberation from traditional financial systems, as it works to transform Iraq into a country less dependent on cash, which enables the state to fight corruption, evasion and bureaucracy in financial dealings within banks operating in Iraq.

This service is considered a modern and different trend due to its many advantages, including conducting financial operations in a modern digital electronic form, which reduces time and geographical distances and raises traditional barriers in the Iraqi banking sector.
The Central Bank of Iraq
February 7, 2021

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