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CBI News 10/22/2017


yota691
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 October 22, 2017
Activities of the Accounting Department

 

Activities of the Accounting Department during the years 2015-2016 and the first half of 2017

  • Direct action by payment orders ( the Credit Transfer ) starting from the year 2017 to reduce labor instruments and risks involved init, saving time in the performance of obligations and rights.
  • The disbursement of small and medium-sized enterprise loans and the taking of interest at the specified time from banks participating in this initiative
  • Centralization of the salaries of employees of the Central Bank (Baghdad, Basrah) by calculating the salaries of employees of the bank and then transfer them through electronic clearing ( ACH ) to banks has been in operation since 2017
  • Adopting the unified bank account number ( IBAN ) within the accounting system of this bank within the accounts of banks, employees and correspondents in the bank and was relied upon by settling the salaries of employees at banks. The unified bank account number that was adopted in the banking system helps identify the incoming and outgoing remittances from customers of different branches of banks Inside and outside Iraq has become part of the global banking system.
  • Activating the system of keeping securities and treasury bonds for CBI auctions with government and private banks ( CSD ) and its programs in 2016.
  • Working with the Department of Payments and the company equipped with the ICBS system to complete the necessary tests to connect the ACH system with the ICBS system .

 

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