“Indications” – Thurs. PM TNT Thoughts/News 7-21-22

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TNT

Yada:
Wow folks,,there is an article/line on the CBI site stating: The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks” Basically, this requires their banks to have everything uploaded so they can do business internationally with all banks worldwide.

The CBI will move on this no later than 8-15-22 BUT, they have to move on this now in order to keep from losing the contract they set up with the French Oil company TOTAL which is before the end of this month.

The ministries were given to go ahead with this last week so they are well aware hence, another indications what the other central banks were preparing for in the dinar rate REISSUED.

Tishwash:
this is what Yada is talking about

Electronic platform

The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks .. To view, click here

M/ the electronic platform

good greeting .

Proceeding from this bank’s keenness to develop banking work in accordance with international best practices in line with the technical developments witnessed by the global banking industry, which will be reflected in raising the level of compliance of the banking sector operating in Iraq with local and international requirements, which will give it more opportunities to expand external banking activities with  Correspondent banks, thus attracting a larger segment of the commercial operations available in the market.

As this bank will adopt a specialized platform for the purposes of exchanging documents and data with all banks, which will allow you to benefit from many services, including trading foreign currencies and stocks, and access to global financial markets in order to analyze financial data to benefit from them in raising the level of efficiency of decisions related to investment and others, so your banks must

Subscribe to this platform no later than 15/8/2022

And you can contact the Department of Financial Operations and Debt Management via e-mail (e-platform@cbiraq.info) for the purpose of asking any inquiry or clarification from you regarding the method of subscribing to it. with Appreciation.  link

Source: Dinar Recaps

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