blueskyline Posted October 11, 2017 Report Share Posted October 11, 2017 http://en.economiciraq.com/2017/10/11/rafidain-bank-announces-the-issuance-of-master-card-for-employees-and-citizens/...... Rafidain Bank announces the issuance of Master Card for employees and citizens By rami - October 11, 2017 19 0 Al-Rafidain Bank announced Wednesday that it has issued an electronic payment tool (Master Card) to employees, retirees, citizens and other segments of society. “The bank has for the first time instructed its branches to issue electronic payment tools (MasterCard) to employees, retirees, citizens and other segments of society,” the bank’s press office said in a statement. The office added that “these tools are used inside and outside Iraq and are acceptable in all ATMs connected to the MasterCard network, in addition to points of sale.” He pointed out that “advances and loans granted to employees are through these cards and settle their salaries electronically.” Link to comment Share on other sites More sharing options...
blueskyline Posted October 11, 2017 Report Share Posted October 11, 2017 http://www.alliraqnews.com/modules/news/article.php?storyid=66956..... Rafidain Bank issues international master card Editorial date: 2017/10/11 9:57 • 582 times read [Ain-Baghdad] Rafidain Bank announced the issuance of one of the electronic payment tools [master card] international staff, retirees, citizens and other segments of society. "The bank has for the first time directed its branches to issue electronic payment tools (MasterCard), which are used inside and outside Iraq and are acceptable in all ATMs connected to the network [Master Card] in addition to To points of sale. " He pointed out that "the advances and loans granted to employees are through these cards as well as settling their salaries electronically." Link to comment Share on other sites More sharing options...
yota691 Posted October 11, 2017 Author Report Share Posted October 11, 2017 Al-Rafidain announces the issuance of the international MasterCard card for employees and citizens Wednesday, October 11, Alsumaria News / Baghdad Rafidain Bankannounced on Wednesday the issuance of one of the electronic payment tools "Master Card" international staff, retirees, citizens and other segments of society. "The bank has for the first time instructed its branches to issue electronic payment tools (MasterCard), which are used inside and outside Iraq ," the bank's information office said in a statement . "This will be accepted in all ATMs connected to the MasterCard network, As well as points of sale . " He added that "advances and loans granted to employees through these cards and settle their salaries electronically." The Rafidain Bank announced on October 8, the development of banking in a step to reach the comprehensive banking system like the countries of the civilized world. Link to comment Share on other sites More sharing options...
yota691 Posted October 11, 2017 Author Report Share Posted October 11, 2017 11-10-2017 12:34 PM Rafidain Bank issues the MasterCard card for international employees and citizens Rafidain Bank announced on Wednesday the issuance of one of the electronic payment tools (mastercard) of international employees, retirees, citizens and other segments of society. "The bank has for the first time directed its branches to issue electronic payment tools (MasterCard) which are used inside and outside Iraq and are acceptable in all ATMs connected to the MasterCard network as well as points of sale," the bank's information office said. He added that 'advances and loans granted to employees through these cards and settle their salaries electronically'. Link to comment Share on other sites More sharing options...
yota691 Posted October 11, 2017 Author Report Share Posted October 11, 2017 Rafidain announces the issuance of international electronic payment tools Since 2017-10-11 at 10:05 (Baghdad time) Baghdad Mawazine News Al-Rafidain Bank announced on Wednesday that it has issued an international payment mechanism for employees, retirees, citizens and other segments of society. "The bank has for the first time instructed its branches to issue electronic payment tools (MasterCard) to employees, retirees, citizens and other segments of society," the bank's information office said in a statement received by Mawazine News. "These tools are used inside and outside Iraq and are acceptable in all ATMs connected to the MasterCard network, as well as points of sale," the office added. He pointed out that "advances and loans granted to employees are through these cards and settle their salaries electronically." Link to comment Share on other sites More sharing options...
tigergorzow Posted October 11, 2017 Report Share Posted October 11, 2017 blueskyline, Yota Thanks, DV, Iraq is progressing very well...😊 GO RV / RI 3 Link to comment Share on other sites More sharing options...
yota691 Posted October 11, 2017 Author Report Share Posted October 11, 2017 Rafidain announces the issuance of "Master Card" Readers Rafidain announces the issuance of "Master Card" 11-10-2017 02:46 PM The Euphrates - Al-Rafidain Bank announced Wednesday that it has issued an international electronic payment tool for employees, retirees, citizens and other segments of society. The bank said in a statement today that the bank has for the first time directed its branches to issue electronic payment tools 'MasterCard', which are used inside and outside Iraq and are acceptable in all ATMs associated with the MasterCard network. He pointed out that advances and loans granted to employees are through these cards and settle their salaries electronically. 3 Link to comment Share on other sites More sharing options...
Butifldrm Posted October 11, 2017 Report Share Posted October 11, 2017 Al-Rafidain announces the issuance of the international MasterCard card for employees and citizens Banks Economy News _ Baghdad Al-Rafidain Bank announced on Wednesday that it has issued an international payment mechanism for employees, retirees, citizens and other segments of society. "The bank has for the first time directed its branches to issue electronic payment tools (MasterCard) to employees, retirees, citizens and other segments of society," the bank's information office said in a statement received by Al-Iktissad News. "These tools are used inside and outside Iraq and are acceptable in all ATMs connected to the MasterCard network, as well as points of sale," the office added. He pointed out that "advances and loans granted to employees are through these cards and settle their salaries electronically." http://economy-news.net/content.php?id=9341 1 3 Link to comment Share on other sites More sharing options...
Synopsis Posted October 11, 2017 Report Share Posted October 11, 2017 56 minutes ago, yota691 said: The bank said in a statement today that the bank has for the first time directed its branches to issue electronic payment tools 'MasterCard', which are used inside and outside Iraq and are acceptable in all ATMs associated with the MasterCard network. He pointed out that advances and loans granted to employees are through these cards and settle their salaries electronically. Thank You, Yota and Butifldrm, for posting these great articles and The Best Of Your Day To You! This appears to be one significant step to "international" and an "open economy" down to the level of the Iraqi citizen. I may be wrong here but I would think a foreign country would only dispense currency in their own foreign currency and would have Point Of Sale (POS) purchases in the foreign currency. So, there would need to be some kind of "international" conversion of the foreign currency to IQD and vice versa. Are these balances settled in the foreign currency or IQD? Are the currency exchange fees (2% maybe or a flat fee) in the foreign currency or IQD? I may also be wrong here but this would seem to be problematic if the IQD were not completely international. I suppose the IQD could be exchanged for USD and then the USD exchanged for the foreign currency electronically at each transaction whether ATM or POS. In this case, would the United States Treasury, Central Bank of Iraq, Trade Bank of Iraq, or the foreign countries be working these conversions electronically? Either way, Iraqis out and about spending their currency in other countries looks more "international" to me! Looks like "today" is the day from the quotes statement! 2 hours ago, tigergorzow said: blueskyline, Yota Thanks, DV, Iraq is progressing very well...😊 GO RV / RI Yeah, TigerGorZow, I'm feeling a little about now! Maybe just practice, though! Go Moola Nova! 2 7 Link to comment Share on other sites More sharing options...
Wiljor Posted October 11, 2017 Report Share Posted October 11, 2017 Good morning DV, anything with the word international in it out of Iraq, gets me 3 3 Link to comment Share on other sites More sharing options...
3n1 Posted October 11, 2017 Report Share Posted October 11, 2017 im guessing this is progress , to be honest i thought these have been out for a long time, there has been so many articles about them maybe just some of the goi people been using / testing them all this time pretty sure its just what most would call in the usa a debit card not an actual credit card per se if u have money in the bank the card is tied to u can use it not lets finance /charge a vacation to London with it but who knows maybe iraq has planned not to have a true credit type of banking system the latter is what i have been waiting to see which to me would indicate a true internationally traded currency ,,my speculative conjectures only ... Peace dv 1 Link to comment Share on other sites More sharing options...
navira45 Posted October 12, 2017 Report Share Posted October 12, 2017 He pointed out that "advances and loans granted to employees are through these cards and settle their salaries electronically." They said all will be done electronically by end of year. They are doing it now. October it is...so shall it be. Bump this 2 Link to comment Share on other sites More sharing options...
nor Posted October 12, 2017 Report Share Posted October 12, 2017 abadi said kurdistan problem will be settle on november . the problém oil and land all . The electronic card will fully use end of year . Give abadi , barzani and cbi do they job . We want the best rates in higher to come not just 1 dollar . If political and economy iraq have stable the rates will higher went they start tracde on global market .imo 1 Link to comment Share on other sites More sharing options...
yota691 Posted October 14, 2017 Author Report Share Posted October 14, 2017 14-10-2017 01:13 PM Rafidain reveals the advantages of the MasterCard card International Al-Rafidain Bank announced on Saturday that the international MasterCard card issued by its branches to employees and citizens provides its customers with several banking features, including loans and advances. "The banking services provided by the bank through electronic payment tools are all types of advances and loans," the bank's information office said. The statement added that 'MasterCard's advantages are the possibility of withdrawing money from anywhere inside and outside and enables its holder to use it in buying or promoting in all websites, Facebook, shopping from international brands and buying smart phone applications as well as technical and modern aspects used by them.' 2 Link to comment Share on other sites More sharing options...
yota691 Posted October 14, 2017 Author Report Share Posted October 14, 2017 Al-Rafidain: The MasterCard card offers the holder several advantages, including the granting of advances and loans 12:19 Last updated The time now is 12:30 AM 525 Watch BAGHDAD / Al-Rafid Bank announced on Saturday that the MasterCard card offers its customers several banking advantages, including granting them advances and loans. The bank's information office said in a statement received by "Al-Ghad Press" a copy of it, "The banking services provided by the bank through electronic payment tools (Master Card) are the advances of all types and loans."He added that "MasterCard's advantages are the possibility of withdrawing cash from anywhere inside and outside and enables its holder to use it to buy or promote in all websites, Facebook, shopping from international brands and purchase of smart phone applications, as well as technical and modern aspects used by them." 1 Link to comment Share on other sites More sharing options...
yota691 Posted October 14, 2017 Author Report Share Posted October 14, 2017 Al-Rafidain: The MasterCard International card offers its customers several banking features In local October 14, 2017 on Iraq: MasterCard International card offers cardholders banking features several closed 19 visit BAGHDAD / Al-Rafidain Bank announced on Saturday that the international MasterCard card issued by its branches to employees and citizens provides its customers with several banking advantages from which they are given advances and loans. The Bank's Information Office said in a statement received by "SNG", a copy of it, that "the banking services provided by the bank through electronic payment tools (Master Card) are the advances of all types and loans." "The advantages of Master Card are the possibility of withdrawing money from anywhere inside and outside and enables the holder to use it in buying or promoting in all the websites, Facebook, shopping from international brands and buying smart phone applications as well as technical and modern aspects used through them." 1 Link to comment Share on other sites More sharing options...
Jaygo Posted October 14, 2017 Report Share Posted October 14, 2017 Love it!! Link to comment Share on other sites More sharing options...
yota691 Posted October 14, 2017 Author Report Share Posted October 14, 2017 Rafidain will start issuing the "master card" for employees and retirees in the coming days Readers Rafidain will start issuing the "master card" for employees and retirees in the coming days 14-10-2017 06:20 PM The Euphrates - A member of the Finance Committee MP Mahasen Hamdoun that the Rafidain Bank will begin issuing the international card "master card" for employees and retirees and citizens and other segments of society in the coming days. The MP said in a press statement that the international card master card allows retirees residing outside Iraq to take their monthly dues from the offices of Master Card spread throughout the world. Pointing out that there is a tendency from the government to include all the salaries of employees electronically at the government banks to ensure smooth flow of employees on a monthly basis without the need for manual disbursement. And added that the card will be certified from the points of sale as well as the existence of advantages in the card allows the holder to take advances and loans granted to employees through these cards and settling their salaries electronically. 3 Link to comment Share on other sites More sharing options...
navira45 Posted October 14, 2017 Report Share Posted October 14, 2017 Bump n bank it 1 4 Link to comment Share on other sites More sharing options...
Wiljor Posted October 14, 2017 Report Share Posted October 14, 2017 “Bank will begin issuing the international card” Thanks Yota, internacional works for me 1 4 Link to comment Share on other sites More sharing options...
WaitIsOver Posted October 14, 2017 Report Share Posted October 14, 2017 Can I apply for one'a those shiny things online or is rafi bank dot com still under construction...hmmm time to clean off the cob webs again... 1 Link to comment Share on other sites More sharing options...
alreis Posted October 14, 2017 Report Share Posted October 14, 2017 Coming days, is that the same as “soon”? 3 Link to comment Share on other sites More sharing options...
ChuckFinley Posted October 15, 2017 Report Share Posted October 15, 2017 On October 11, 2017 at 12:14 PM, Wiljor said: Good morning DV, anything with the word international in it out of Iraq, gets me That caught my eye too. Better add some value or you will be loading millions to buy a rail pass. 4 Link to comment Share on other sites More sharing options...
ChuckFinley Posted October 15, 2017 Report Share Posted October 15, 2017 3 hours ago, alreis said: Coming days, is that the same as “soon”? That phrasing scares me with the guys. 3 Link to comment Share on other sites More sharing options...
yota691 Posted October 16, 2017 Author Report Share Posted October 16, 2017 Pay the salaries of the employees of the State Departments by electronic payment Economy News _ Baghdad Rafidain Bank announced on Monday the payment of salaries of employees of some state departments through an electronic payment tool. The bank's information office said in a statement received by "Economy News" that "the salaries of employees of the University of Nahrain and colleges supported it." The statement pointed out that "the salaries of employees of Al-Zawra and the ready-made clothes factory of the Ministry of Industry and Minerals were paid," pointing out that 'the disbursement was made after the arrival of lists of salaries from their own departments.' Views 13 Date Added 10/16/2017 2 Link to comment Share on other sites More sharing options...
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