SWIFT and BIC Code of Iraq, All banks, All cities

[skeetdog]

Thanks Yota... Iraq just got its ''IBAN Number'' ...it's ''IBAN Number''    Its ''IBAN Number''        

[Wiljor]

Yota, good morning my friend, you just blew the roof off the DV sky dome. 

This is awesome news my friends and this is not a small step in the right direction this is a giant leap to the finish line 

Edited January 9, 2017 by Wiljor

[easyrider]

This is the progress we need for them to go international with their new valued currency.

What does IBAN mean?

Those are international banking numbers which are used for international transactions. The SWIFT (or BIC) code contains 8 to 11 alphanumeric characters. For more information, please look up in Wikipedia. The IBAN code (International Bank Account Number) contains maximum 34 alphanumeric 

Edited January 9, 2017 by easyrider

[bostonangler]

The Gurus are going have a ball with this little nugget.

 

B/A

[yota691]

Central supports international mathematical figure "IBAN" to unify bank account numbers

economy

 Since 09/01/2017 14:06 pm (Baghdad time)

Baghdad balances News

The central bank adopted Monday, the international mathematical figure "IBAN" to unify bank account numbers.

The bank said in a statement received / balances News / copy of it, he was "adopted international number arithmetic of IBAN, starting from the second of January of 2017 in all local and foreign remittances."

He added that "this procedure was for the purpose of unification of bank accounts in all banks operating in Iraq numbers."

He pointed out the bank, according to his statement, that "the new version of the account numbers will contribute to improve the level of financial and banking services, as well as common mistakes exceeded in some banks and financial institutions in the use of customer accounts when remittance figures" .anthy 29 / A 43

[yota691]

Central Bank supports the international mathematical figure "IBAN" to unify bank account numbers

 

Monday, January 9, 2017 13:54

 

 

 

Alsumaria News / Baghdad  announced the central bank, on Monday, for the adoption of the international mathematical figure "IBAN" to unify bank account numbers, pointing out that the new version of the account numbers will contribute to improve the level of financial and banking services.  The bank said in a statement received, Alsumaria News, a copy of it, it was "adopted international number arithmetic of IBAN , starting from the second of January of 2017 in all local and foreign remittances , " attributing the cause of action to "unite the bank account numbers in all operating in the banking Iraq ".       The bank added that " the new version of the account numbers will contribute to improve the level of financial and banking services, as well as common mistakes exceeded in some banks and financial institutions in the use of customer accounts when remittance figures."  And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

[soreback]

thanks yota awesome news

[moneysoon]

Amen Brother Yota!

[olivesman]

10 minutes ago, yota691 said:

 

And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

THAT!

[Boozer]

34 minutes ago, bostonangler said:

The Gurus are going have a ball with this little nugget.

 

B/A

This little nugget made mine do a

[Golfnsr]

I am still a little guarded about what this means concerning an RV being very close.

Guess I have just been fired up too many times.

[TLHUBER]

Getting Closer Folks.  Whatcha think Adam?

[bostonangler]

2 minutes ago, Golfnsr said:

I am still a little guarded about what this means concerning an RV being very close.

Guess I have just been fired up too many times.

I agree. Stay guarded and let's see what happens. Someone stated Iraq needs an IBAN number to be international. I don't know if that is true or if every international currency has a number. Yota posted that 69 countries had a number, so that would mean many do not.

 

B/A

[Synopsis]

Here is a link from October 20, 2016 stating the training of the Rasheed Bank employees on the IBAN:

http://dinarvets.com/forums/index.php?/topic/226241-rational-using-the-universal-banking-system-through-the-application-of-the-iban-to-transfer-money/

Looks like the ground work has been laid internally and now the key entity (CBI) has the IBAN in place to link Iraq internally to the rest of the world internationally.

Here is a link to a summary of DVers who stated the IBAN number had already been applied to their WARKA accounts - possibly as far back as late October 2016:

[calkid11]

Thank you Yota 

[blueskyline]

Thanks Yota ..... onward

[olivesman]

7 minutes ago, bostonangler said:

I agree. Stay guarded and let's see what happens. Someone stated Iraq needs an IBAN number to be international. I don't know if that is true or if every international currency has a number. Yota posted that 69 countries had a number, so that would mean many do not.

 

B/A

If I understand this correctly,  it is in regards to ACCOUNTS, not currency. 

[bostonangler]

Just now, olivesman said:

If I understand this correctly,  it is in regards to ACCOUNTS, not currency. 

Yes that's what I meant... I think I've typed currency so many times it's like my brain is on auto-fill! LOL

B/A

[olivesman]

Just now, bostonangler said:

Yes that's what I meant... I think I've typed currency so many times it's like my brain is on auto-fill! LOL

B/A

 

[Bama Girl]

1 minute ago, olivesman said:

If I understand this correctly,  it is in regards to ACCOUNTS, not currency. 

Yes, this only pertains to accounts BUT, it is necessary housekeeping BEFORE we see a change in the currency imo. 

[olivesman]

Just now, Bama Girl said:

Yes, this only pertains to accounts BUT, it is necessary housekeeping BEFORE we see a change in the currency imo. 

AGREED.

[Boozer]

this is EDIFACT, united nations/ electronic data interchange UN/CEFACT under the united nations center for financial services . to enable end to end straight through processing. TBG5 allowing banks to collaborate on a standards issues for the payment domain ... Seems like if this is under the UN,, Article 8 should  been SOON ..

[Jaygo]

Just now, Bama Girl said:

Yes, this only pertains to accounts BUT, it is necessary housekeeping BEFORE we see a change in the currency imo. 

Truth

[presence]

Good morning Yota and DV- I am especially pleased to see the links in this thread - what a great was to start the week! I don't see many icons in Orange next to news headings, and am glad to see the importance of this necessary item given the attention it deserves! 

[Palmtree1970]

Here's to hoping 1st quarter of 2017 is our last ...I want off this ride with a lot more than when I got on it