Rafidain: Submission to the predecessor of the state employees electronically and from branches of the bank exclusively

[Theseus]

The next level up from a snail's pace is a tortoise pace.

[Gypsygirl11]

I think this is huge progress for Iraq...establishing the banking sector electronically.

[Gypsygirl11]

12 hours ago, chris2028 said:

Thanks Yota! And Good Morning. So..... The salary is two thousand dinars(less than two dollars) but it costs you 3 dollars to get the money out the bank? Common ATM fee which is understandable. So my conclusion is either this is a complete waist of resources for these people, or even better they are about to increase the purchasing power of the IQD!

Thanks for article Yota

 

It doesn't make sense.....somebody help us out to understand this      .2 thousand dinars????????

[navira45]

ministry. The salary of the employee will be two thousand dinars (less than two dollars), regardless of its value. This is how i tranalate this---->2000dinars/1184dinars= 1.69usd.

So, 1dinar= 1.69usd. This what i had envisioned the rate will be.later

[Floridian]

38 minutes ago, Gypsygirl11 said:

Thanks for article Yota

 

It doesn't make sense.....somebody help us out to understand this      .2 thousand dinars????????

 

 

"The bank will set up ATMs at the Ministry's headquarters to pay employees salaries on time when the information is sent to the bank by the ministry. The salary of the employee will be two thousand dinars (less than two dollars),regardless of its value.

 

She explained that the employee has the right to withdraw his salary from any ATM outside the headquarters of the Ministry and bear the cost of less than 3 dollars, if the bank outside the framework of the Iraqi Trade Bank."

 

 

I take the above to mean this:

 

Employee salaries will be paid mostly on debit cards.  Since Iraqis don't trust banks, they will probably want to take out the entire salary right away.  The bank will charge $2.00 for this.  If they use a bank other than their own, that bank will charge $3.00.  Since they don't make a lot of money in Iraq, a $2 or $3 charge is hefty.

 

I think this may be an "incentive" to keep their money in the bank, and pay their bills and buy things with their new credit cards.

 

 

[navira45]

Really loving this news. This should be pin on top above all else. Later

[navira45]

They are paying the employees with the lower notes which is 2000 dinars regardless of its value. We dont know the value will be yet. Pray that iam right. Later.

[yota691]

Quote

Since Iraqis don't trust banks, they will probably want to take out the entire salary right away. 

12-08-2017 02:01 PM

A wide turnout by citizens to provide banking services in Rafidain Bank

 

 

 

The Rafidain Bank that its branches in Baghdad and the provinces have achieved a qualitative boom and wide demand by citizens to provide banking services to them. 

The bank's information office said that "its branches have witnessed widespread demand, especially after the launch of advances and loans, as well as loans for housing and those wishing to buy housing units in the compound of Basmaya and construction loans on a plot of land up to 50 meters." 

He added that 'the bank granted loans for small and medium-sized projects and car loans, and announced the sale of the dollar at official prices and other services provided to citizens'.

[dinareffic]

Yota's article above is what we want to see.  This is good stuff 

[Floridian]

Glad to see Iraqi's are changing their minds about banks.  

 

They don't have much choice since Iraq is aiming to be a "cashless" society.

[yota691]

13-08-2017 02:31 PM

Launching a new batch of full-time civilian and military appointees for Anbar province

 

 

 

The Authority for the Care of Persons with Disabilities and Special Needs at the Ministry of Labor and Social Affairs on Sunday launched a new batch of full-time salary for Anbar Province for civilian and military beneficiaries covered by the Commission's Law No. (38) of 2013. 

According to a statement by the head of the body, Asghar Abdul Razzaq Al- After the completion of the administrative and legal procedures of the medical examination and inspection by the competent medical committees, after the selection of the appropriate time and place for distribution in accordance with the requirements and needs of the people concerned Disability. The mechanism for distributing salaries to the beneficiaries covered by the full-time employee's salary will be the same as the previous mechanism in the rest of the governorates where the review will be in the presence of the appointee only with the four original and photocopy documents of the parties (the designated and the disabled), a copy of the medical report and the names published on the website and official pages of the Ministry of Labor and Social Affairs The Authority for the Care of People with Special Needs, according to the statement. .

[yota691]

 

Mosul Municipality begins to distribute the salaries of its employees 14:29 Last updated The time now is 02:48 PM 75 Watch     Nineveh / Al-Ghad Press:  A member of the distribution committee salaries of municipal employees in Mosul, Arabs Jubouri, on Tuesday, the start of the distribution of salaries to employees there.  "The governor of Nineveh, Nofal al-Aakoub, gave the account of salary calculations for the benefit of the municipality," Jubouri told Al-Ghad Press. "A special committee started today distributing salaries to employees inside Mosul."   "The salaries have been cut for three months, and two months of salaries were supposed to be distributed last week, but for financial reasons the distribution has been delayed until today," he said.  Mosul was completely liberated on July 10, and the government departments resumed their work there, but the staff there are suffering from a salary crisis, which has been remedied by the local government.

[yota691]

of Rafidain Bank releases the salaries of some employees of state ministries

Twilight News    

 

 5 hours ago

 

 

The Rafidain Bank on Saturday announced the release of salaries of some ministries of the state through one of the electronic payment tools.

 The bank's information office said in a statement that the bank had distributed the salaries of the electricity network of Kirkuk, the College of Imam al-Adham, the Central Refineries Company and the University House for Printing and Publishing, pointing out that the exchange came after the arrival of their sukuks from their departments to the bank.

[yota691]

Rafidain releases the salaries of some employees of state ministries

economy

 Since 2017-08-19 at 09:12 (Baghdad time)

Baghdad Mawazine News

Rafidain Bank announced on Saturday the release of salaries of some ministries of the state through an electronic payment tool.

"The bank distributed the salaries of the electricity network of Kirkuk, the College of Imam Al-Adham, the Central Refineries Company and the University House for Printing and Publishing," the bank's Information Office said in a statement received by Mawazine News.

The office added that "the disbursement came after the arrival of their sukuk from their departments to the bank." Ended 29 / a 43

[yota691]

Rafidain launches the salaries of some ministries through electronic payment

Readers

 

 

Rafidain launches the salaries of some ministries through electronic payment

 

19-08-2017 12:48 PM

 

The Euphrates -

 

Rafidain Bank announced on Saturday the release of salaries of some ministries of the state through an electronic payment tool. 

The bank said in a press release that it had distributed the salaries of Kirkuk's electricity network, the Imam al-Azam College, the Central Refineries Company and the University Press and Publishing House. Explaining that the payment of salaries came after the arrival of their sukuk from their departments to the bank. 

The Rafidain Bank confirmed earlier that it is committed to the process of settling the salaries of employees of the state departments in electronic accounts for the special receipt of their monthly salaries.

[SnowGlobe7]

I wish there was a better translation of "release the salaries"

[Synopsis]

Just now, SnowGlobe7 said:

I wish there was a better translation of "release the salaries"

 

..............................of "release the salaries" like pass the gas, er, HCL law (or somethin')???!!!       

 

All The Best, SnowGlobe7! 

[yota691]

Rafidain pays the salaries of staff of the universities of Mosul and Iraq

Release date: 2017/8/21 10:15 • 100 times read

[Ayna-Baghdad] 
Rafidain Bank announced the disbursement of salaries of staff of the University of Mosul and the Iraqi University.

The bank's information office said in a statement received by the agency all of Iraq [where] a copy of it, "the bank began to pay the salaries of staff of the Iraqi University and all its departments and the University of Mosul, after the arrival of lists of their amounts from their constituencies." 
He pointed out that "the disbursement was through one of the electronic payment tools."

[yota691]

Rafidain Bank announces the payment of salaries of staff of the University of Mosul

Economy News _ Baghdad Rafidain Bank announced on Monday the payment of salaries of staff of the University of Mosul and the Iraqi University. The bank's information office said in a statement received by the "Economy News" a copy of it, "The bank began to pay the salaries of staff of the Iraqi University and all its departments and the University of Mosul, after the arrival of lists of their amounts from their departments," noting that "the disbursement was through one of electronic payment tools" .   Views 10   Date Added 21/08/2017

[yota691]

Rafidain announces the salaries of employees of some industry companies

economy

 Since 2017-08-23 at 11:13 (Baghdad time)

Baghdad Mawazine News

Rafidain Bank announced on Wednesday the salaries of employees of some companies of the Ministry of Industry and Minerals.

"The bank distributed the salaries of the employees of the Ministry of Industry and Minerals (Al-Qatniyah plant, Al-Faris General Company and the General Company for Hydraulic Industries)," the bank's Information Office said in a statement received by Mawazine News.

The office added that "the disbursement was made through an electronic payment tool after the arrival of the instruments of their amounts from their departments." Ended 29 / a 43

[yota691]

Rasheed Bank denies the suspension of payment of smart card receivables

Economy News _ Baghdad Al-Rasheed Bank denied on Friday the news of the suspension of payment of the dues of the owners of smart card outlets, stressing their continuation, while drawing attention to the development of a new mechanism for fear of money laundering after the discovery of excesses in some exchange offices.  The media office of the Rasheed Bank said in a statement received by "Economy News" that it "denies the news of the suspension of payment of dues to owners of smart card outlets," explaining that "what was the process of organizing and the establishment of a new mechanism for the health of the breasts of the exchange outlets without any interruption in exchange" .  He stressed that "the payment of salaries continues throughout Iraq and abroad through the outlets and branches of the bank," pointing out "the discovery of some abuses from the owners of some offices, the bank set a new mechanism for health of the breasts fear of money laundering and informed them."

Views 9   Date Added 25/08/2017

[yota691]

Rafidain announces the salaries of employees of some companies of the Ministry of Oil

 

Editor Duraid Salman - Friday 25 August

 

 

 

 

Alsumaria News / Baghdad Rafidain Bank announced , Friday, the payment of salaries of employees of some companies of the Ministry of Oil through electronic payment, while specifying the companies covered by the distribution. The bank said in a statement received by Alsumaria News, a copy of it, "the salaries of some companies of the Ministry of Oil through electronic payment," explaining that "the distribution of salaries of employees of the Central Oil Company, and the refineries of the North, the oil pipeline company, and oil exploration company."  He added that "the disbursement came after the arrival of the sukuk of their amounts from their own departments."  It is noteworthy that thousands of employees in Iraq are receiving their salaries through electronic payment by having smart cards issued by banks accredited in Iraq.

[yota691]

Rasheed Bank denies stop payment of smart card receivables and announces the discovery of "excesses"

 

Editor Duraid Salman - Friday 25 August

 

 

 

Alsumaria News / Baghdad Al-Rasheed Bank denied on Friday the news that the payment of the dues of the owners of smart card outlets has stopped, stressing the continuation of the new mechanism for fear of money laundering after the discovery of excesses in some exchange offices. The Information Office of the Rasheed Bank in an interview with Alsumaria News, it "denies the reports that the suspension of payment of dues of owners of smart card outlets," explaining that "what was the process of organizing and the establishment of a new mechanism for the health of the chests of exchange outlets without any interruption in exchange" .     He stressed that " the payment of salaries continuing throughout Iraq and outside through the ports, as well as branches of the bank , " pointing to " the discovery of some of the excesses of the owners of some offices, which made the bank decides a new mechanism for the health of the breasts put fear of money laundering has been notified that."  It is noteworthy that thousands of employees receive their salaries monthly through the smart card "Key Card" approved in the largest banks in Iraq, including the Rasheed Bank.

[yota691]

Rasheed Bank denies the suspension of payment of dues to owners of smart card outlets

Readers

 

Rasheed Bank denies the suspension of payment of dues to owners of smart card outlets

 

25-08-2017 03:21 PM

The Euphrates -

Al-Rasheed Bank on Friday denied the news that the payment of the dues of the owners of smart card outlets has stopped, stressing the continuation of the new mechanism, fearing money laundering after the discovery of excesses in some exchange offices.

 

The Information Office of the bank said in a press release that it denies the news of the suspension of payment of the dues of the owners of smart card outlets, explaining that what was the process of regulation and the establishment of a new mechanism for the health of the chests of exchange outlets without any interruption in exchange.

 

He stressed that the disbursement of salaries continues throughout Iraq and abroad through the outlets as well as branches of the bank, pointing out the discovery of some abuses by the owners of some offices, so the bank approved the establishment of a new mechanism for health of the chests fear of the money and informed them.

[yota691]

Withdrawal of 1% of the nominal salary of the employee in exchange for receipt of his salary electronically

 

 Since 2017-08-26 at 10:27 (Baghdad time)

 Baghdad Mawazine News

The Council of Ministers decided to deduct 1% of the nominal salary of the employee in favor of the Ministry of Planning as of next month, in return for providing the employee with a unified electronic number to receive his salary through a bank approved by the Central Bank .

According to a document issued by the Council of Ministers, 1% of the nominal salary of the employee will be deducted for the Ministry of Planning as of next month in return for providing the employee with a unified electronic number to receive his salary through one of the banks approved by the Central Bank. Up to a higher degree, and determine the mechanism of collection of wages electronically controls issued by the Ministry of Finance and the Central Bank of Iraq . Finished