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


yota691
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Rational: Using the universal banking system through the application of the IBAN to transfer money

economy

 Since 20.10.2016 at 10:12 (Baghdad time)

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Baghdad balances News

Rasheed Bank, announced Thursday, for the use of the overall banking system through the application of the IBAN system to transfer money in and out of Iraq.

The bank manager Rashad Khudair in a statement received / balances News / copy of it, "the bank held a training course on the use of IBAN bank issuing identity of customers the bank's program."

He Khudair, that "the importance of the program in the unification of the bank accounts of all banks operating in Iraq figures in preparation for the use of the banking system overall, which leads to improving the level of financial and banking services."

He noted the bank manager, that "he was a timeline for lecturing on the branches and staff of the current account and savings managers to explain the importance of the international bank account number," pointing out that "the bank will pay under this system to transfer funds in and out of Iraq for all customers bank through that account. ".anthy 29 / a 43

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Thursday October 201 620 10:01
 
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Alsumaria News / Baghdad 
announced the Rasheed Bank , on Thursday, expressed its intention of introducing its IBAN system to transfer money in and out of Iraq , referring to the use of the overall banking system through the application of this system. 

The bank manager Rashad Khudair in a statement Sumerian received News, " The bank has a cycle training on the use of IBAN issuing bank banking customers own identity program , "noting the importance of " the program in the unification of the bank accounts of all banks operating in Iraq figures in preparation for the use of the banking system overall, which leads to improving the level of financial and banking services. "

 

 
 


He Khudair , "it was a timetable for lecturing on the branches and staff of the current account and savings managers to explain the importance of the International Bank Account Number setting , " noting that " the bank will pay under this system to transfer money in and out of Iraq for all customers bank through that account." 

Mentions Iraqi banks have not kept pace with developments in the work of international banks developments, and has been linked through the use of telephone and fax machines, and did not interfering internet only after the year 2004 and is seeking the Ministry of Finance to the banks associated with them to develop through the introduction of modern technologies and linking banks globally automatically, to facilitate the transfer of funds to and from Iraq.

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Economy News / Baghdad ...

 
 
Rasheed Bank announced on Thursday his intention of introducing its IBAN system to transfer money in and out of Iraq, referring to the use of the overall banking system through the application of this system.
 
The bank manager Rashad Khudair in a statement that "the economy News" received "The bank held a training course on the use of the private issuance of banking identity IBAN customers bank program," noting the importance of "the program in the unification of bank accounts for all operating banks in Iraq figures in preparation for the use of the banking system overall and that leads to improving the level of financial and banking services. "
 
He Khudair, "it was a timetable for lecturing on the branches and staff of the current account and savings managers to explain the importance of the International Bank Account Number setting," noting that "the bank will pay under this system to transfer money in and out of Iraq for all customers bank through that account."
 
 
Views 36   Date Added 10/20/2016 - 10:06   Last updated 10/20/2016 - 14:53   No. Content 5480
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International Bank Account Number

From Wikipedia, the free encyclopedia
 
 
The IBAN on this bank statement is grouped with the account number, sort code and BIC.
 
A typical British bank statement header (from a fictitious bank), showing the location of the account's IBAN.

The International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. It was originally adopted by the European Committee for Banking Standards (ECBS), and later as an international standard under ISO 13616:1997. The current standard is ISO 13616:2007, which indicates SWIFT as the formal registrar. Initially developed to facilitate payments within the European Union, it has been implemented by most European countries and many countries in the other parts of the world, especially in theMiddle East and in the Caribbean. As of February 2016, 69 countries were using the IBAN numbering system.[1]

The IBAN consists of up to 34 alphanumeric characters comprising: a country code; two check digits; and a number that includes the domestic bank account number, branch identifier, and potential routing information. The check digits enable a sanity check of the bank account number to confirm its integrity before submitting a transaction.

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The second to the last article states, "Rasheed Bank announced on Thursday his intention of introducing its IBAN system to transfer money in and out of Iraq, referring to the use of the overall banking system through the application of this system."

Through the Saddam era and until recently, Iraq was in the Prehistoric/Stone Age for their banking and communications capabilities and would likely stay there unless something was going to happen to make Iraq a significant trade partner even down to the consumer level.  I like how "in and out of Iraq" is mentioned since this suggests, to me, that Iraq will be connected world wide on a variety of different banking and monetary exchange levels even on a consumer basis.

To me, this looks like Iraq going international on a variety of different venues including their currency internationally.  I would think that would mean Iraq would need to have a currency convertible to USD in the range of the other area country currencies soon.

Just my :twocents:

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5 hours ago, Synopsis said:

The second to the last article states, "Rasheed Bank announced on Thursday his intention of introducing its IBAN system to transfer money in and out of Iraq, referring to the use of the overall banking system through the application of this system."

Through the Saddam era and until recently, Iraq was in the Prehistoric/Stone Age for their banking and communications capabilities and would likely stay there unless something was going to happen to make Iraq a significant trade partner even down to the consumer level.  I like how "in and out of Iraq" is mentioned since this suggests, to me, that Iraq will be connected world wide on a variety of different banking and monetary exchange levels even on a consumer basis.

To me, this looks like Iraq going international on a variety of different venues including their currency internationally.  I would think that would mean Iraq would need to have a currency convertible to USD in the range of the other area country currencies soon.

Just my :twocents:

I'm game if they are. Until then I'll just keep working. It's always good to read your 2 cents. Thanks 

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  • 2 months later...

854.jpg?width=400&height=300&crop=auto&watermark=wmada1,wmada2

 

 

Author: 
Editor: 
01/09/2017 13:51 
Number of Views: 68

 

 
 

Central Bank announces the adoption of the international mathematical number (IBAN) in all local and foreign remittances

 
 
 
 
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The International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors. It was originally adopted by the European Committee for Banking Standards (ECBS), and later as an international standard under ISO 13616:1997. The current standard is ISO 13616:2007, which indicates SWIFT as the formal registrar. Initially developed to facilitate payments within the European Union, it has been implemented by most European countries and numerous countries in the other parts of the world, mainly in the Middle East and in the Caribbean. As of February 2016, 69 countries were using the IBAN numbering system.[1]

The IBAN consists of up to 34 alphanumeric characters comprising: a country code; two check digits; and a number that includes the domestic bank account number, branch identifier, and potential routing information. The check digits enable a sanity check of the bank account number to confirm its integrity before submitting a transaction.

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Economy News / Baghdad ...
 
 
 
The Central Bank, on Monday, for the adoption of the international mathematical number (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 "Economy News," a copy of it, he was "adopted international arithmetic figure the 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 banks in 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."
 
 
 
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Views 2   Date Added 09/01/2017 - 14:11   Last updated 09/01/2017 - 13:14   No. Content 6394
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09-01-2017 02:54 PM
image.php?token=0c67ec57f9ea79246e9df800489f034d&size=
 


 

 

Iraqi Central Bank announced on Monday, the adoption of the international mathematical figure of the 'IBAN' starting from the second of January of 2017 in all local and foreign remittances. 

He said that the 'purpose unification of bank account numbers in all banks operating in Iraq, noting that the new version of the account numbers will contribute to improve the level of financial and banking services'. 

He stressed that 'reliance will prevent common mistakes exceeded in some banks and financial institutions in the use of customer accounts when remittance figures'.

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, the central bank is taking a step to improve the financial and banking services

The central bank is taking a step to improve the financial and banking services

 

     
 
 one hour ago
 

 

Twilight News / announced the central bank, on Monday, for the adoption of the international mathematical figure "IBAN" to unify bank account numbers in an effort to improve the level of financial and banking services.

The bank said in a statement responded to the Twilight News, he was "adopted international arithmetic figure the 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 banks in Iraq."

"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."

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History of edits:: 9/1/2017 14:23 • 43 visits readable
Central Bank supports international account the "IBAN" in all his conversions
{Baghdad} Euphrates News Central Bank of Iraq announced on Monday, the international account the "IBAN" adoption in all local and external his conversions.
A statement of the bank, the agency {Euphrates News} received a copy of it today, "it was the adoption of the international mathematical figure of {IBAN} starting from the second of January of 2017 in all local and foreign remittances for the purpose of unification of bank accounts in all operating banks in Iraq numbers" . 

"The new version of the account numbers will contribute to improve the level offinancial 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
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  • yota691 changed the title to SWIFT and BIC Code of Iraq, All banks, All cities

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