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easyrider

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Posts posted by easyrider

  1. CBI sure has been vocal  the past few weeks. Love it. Smaller category notes notice to all banks, financial management law, Trade banks opening,mechanisms in place for counting and verifying notes..exciting news across the board. 

    • Upvote 7
  2. The Central Bank confirms the continued supply of banks with small groups of currency
    The Central Bank confirms the continued supply of banks with small groups of currency23rd May, 2019

    The Central Bank of Iraq, on Thursday, it continues to provide banks with small groups of currency.


    The bank said in a statement received Alsumaria News a copy of it, "continuing to provide all banks with small groups of the Iraqi currency." 

    The bank added that "the supply of this currency is by withdrawing funds from the assets of banks located in the Central Bank."

    It is noteworthy that the Central Bank of Iraq printed large amounts of small currency coins during the last period after most of them were damaged and refused to deal with many citizens.
    • Like 1
    • Upvote 11
  3. 5 minutes ago, DinarThug said:

     

    Instructions and criteria for handling and replacing banknotes and counting mechanisms

     
    Instructions and criteria for handling and replacing banknotes and counting mechanisms

     

    April 15, 2018

    To / all banks ( instructions and standards for handling and replacing
    banknotes and counting mechanisms )
     ... Click here

    •  

     

     

    There Are 10 Pages In Arabic In The Link To The CBI Above - Here’s A Translation Of The Last 3 Pages !

     

     

    Pages 8, 9 And 10 ...

     

     

     

    This bank follows a certain mechanism for receiving foreign currency notes (dollar, euro) where it is counted and checked for confirmation

    Of the count and originality as follows:
    First: counting and sorting the foreign banknotes deposited by the trustees of the Fund and in the presence of two of the Bank's authorized persons

    If a shortage and damaged papers are discovered, they are compensated by the authorized persons, and the forged papers are confiscated

    And make up the shortfall.

    Recording the serial numbers of foreign banknotes and storing them in electronic memory in addition to the book of the bank
    And the deposit form.

    (100) A tape containing the serial numbers of the papers
    - Attach with paper) foreign, in case of non-conformity
    The numbers on the electronic memory with the total amount and tape on the bakheet, the amount is refunded
    Deposit refused.

    IV. The Bank shall be provided with a supporting link in the event that the accounting record can not be made and may be received by the Secretariat
    The conditions set forth in paragraph (e) (c) above.

    D) The responsibility of the Central Bank of Iraq and any bank or treasurer or any person is at the point where it is graduated
    Money from possession and object not to leave the receipt of banknotes receipt point before confirming the amount may be received
    The bank notes from this bank may request to carry out counting operations by him and whoever he wishes from the employees of his department and under supervision
    Central Bank staff including providing and configuring all enumeration requirements of counting and binding machines, and after completing the process
    The bank becomes responsible for the banknotes it pays, even if it bears the identification card
    Received from them.

    - In the event that the bank finds a mistake in its deposits (increase or decrease) it must inform the issuing department and the cabinets at the end
    On the day of deposit or at the beginning of the next day and prior to the process of counting and sorting of such deposits by sending him an official letter
    In which the amount of error and type of category is determined accurately, and after the counting and sorting of those deposits, it is ascertained that the amount of the amount is matched
    The difference to what is stated in the book of the bank and make up for the shortage of the bank without imposing a fine or handing over the increase without
    Confiscated and under official record.

    In the event that a bank keeps or includes the identification cards of the Central Bank or another bank
    Deposits and payment to trade in such manner is considered an offense for which the Bank is liable.
    Cash Transfer Mechanism
    Deposits

    A. All banks shall use the secured vehicles belonging to them or to competent authorities to transfer funds for the purpose of transport
    Cash deposits to and from this bank and between banks and provide us with the types and numbers of the armored cars or the entity
    Responsible for transportation.

    B- To provide the Central Bank with the names of workers employed by the Bank to transfer cash deposits to this bank
    And their addresses and their holdings, to carry the identification files of the bank
    Otherwise, the bank bears responsibility
    Oh.

    * Adhere to the instructions described above
    In the event that the banks do not comply with the applicable regulations and repeat the banking violations, the Issuing Department shall recommend the assignment
    The bank violating the Committee to determine the penalties imposed on banks according to the law of the Central Bank of Iraq.
    The instructions in question shall take effect from the date of the publication of the book and replace all of our previous books and circulars
    This is the case
    T
    .

    21% 11:35 AM
    F
    60%, mother
    file-152379158771873 - Read-only
    7
    No
    Read Only - You cant save changes to this f.
    Central Bank of Iraq
    Central Iraq
    Photo avatar
    Not modified with white background
    Release Department and Safes
    .
    that
    Releases
    Nomination Form
    I. Authorized information
    The triple name of the author
    Degree
    Do you have a relationship with an employee name
    Yesterday only
    Ta
    Husband's name
    If the answer is yes, mention a name
    Person Relationship
    Date of Birth
    The name of the author is written in his handwriting
    Current residence address
    The closest point is a function
    Previous address
    Authorized Signature (in blue)
    Phone number
    The phone number of the first class
    With the name and kinship
    Fingerprint of the left thumb
    Date of appointment at the bank
    Previous work place
    II. Information concerning the Bank
    1. The Bank shall determine the functions of the author of one of the following paragraphs:
    Withdrawal and deposit of Iraqi work
    Follow-up screening procedures
    Pull the dollar
    Other mentions
    - Time period for authorization of // 301
    until
    301 13 Specify /
    3. The Bank undertakes to correct the information contained in the form by signing the authorized director or the equivalent of the foreign branches.
    4. The Bank shall submit a candidate within (3) working days from the date of notifying him of the rejection of such candidate
    5 - The bank is obliged to send the support system" rel="">support of the participation of the authorized courses
    And the discovery of counterfeit papers
    Public relations and occupational safety
    - Color copies of the following documents of the author
    The Bank shall abide by the conditions
    Civil Housing Card
    And a certificate of nationality (or a common card). - Passport - Food card
    Authentication of the legal department of the bank
    Authorized Administrator Authentication

    interesting timing  wit this article thanks thug

    • Thanks 1
    • Haha 1
    • Upvote 5
  4. On 4/13/2018 at 2:26 PM, caz1104 said:

    "n accept things as they are today"....u might want to listen to your own advise. For someone with NO skin in the game, why should we ever listen to u? a disgruntled EX dinar holder who NOW is a foreign currency expert. NO one knows what Iraq will do in the future...so bringing up the past is irrelevant, except for those looking for the negative.  Hmmmm who might that be? 

    lmao its pathetic isnt it? i had to unblock him just to see what the hell he is still blabbin about and of course he goes on saying the same crap, talk about a broken record.... but hey lopsters have been  trying to save us all from our shattered dreams for years and guess what no lop yet lol. No one and i mean no one should ever listen to some one with no skin in the game i agree with you caz because they are biased and usually have a motive but im sure rock is educating us with all good intentions right? :rolls eyes:

    • Upvote 4
    • Downvote 1
  5. 9 minutes ago, Botzwana said:

    Hey Easyrider, welcome back!  I have seen some doom and gloom for this investment over this refrendum today.  What say you?  I have always respected your opinions.

    Barzani doesnt want to be voted out, he knows his political days are numbered, so what does he do? tries to cause division and rally kurds around himself for his own agenda straight out of maliki playbook. The Barzani family is worth billions how did they get all that? well they stole it of course. The referedum is unconstitutional they need a legal census to do this which they dont have. The Un has already shut them down, so has Iran and Turkey. No one agrees with it. Barzanis arrogance and pride will be his downfall in the end. Abadi isnt worried because the U.S doesnt back the kurds to secede from baghdad. IMHO its a ploy of pride and arrogance from the corrupt barzani family that will go NOWHERE.

    • Upvote 6
  6. I focus on the news more so now adays and truthfully i have stopped worrying about when the dinar will RV.. I however do believe some gurus are more astute as far as following the news and articles the ones that give out dates constantly i stay far away from now adays. I normally form my own opinion when reading the news. I do however believe Iraq is making great progress and the CBI is talking more and more since mosul was liberated now the bigger question is how much longer are they going to sit idle and keep using the us dollar. They need to add value and give the citizens more purchasing power to buy things without carrying around tons of worthless paper of their national currency that is worth nothing compared to the us dollar. The banks will get much more confidence from the iraqi citizens wen they see their own currency actually have value until then they wont trust the gov or banks.

    • Upvote 5
  7. 16 hours ago, ChuckFinley said:

    Hey Easy, trust all is well. Have not seen you on the boards in awhile. I am hoping these investment help push this country into an RV. 

     

    all is well brother yes i am excited for what is to come wit investment inn Iraq now that isis is mainly gone. Iraq will have to get off the U.S dollar and give their citizens purchasing power at some point wit their dinar. I believe this will be rather soon. No more excuses Iraq.lets get it done.

    • Upvote 4
  8. 23 minutes ago, NoviceInvestor said:

    LB they have been trying for years to have a complete seated Government and havent been successful to date... so why should happen in the near future i ask.

    why you ask? because their were major terrorists in their country thats why therefore their was NO security and stability throughout Iraq. A major reason i believe this took place is maliki ,corruption and Iran also the incompetence of our former president Obama pulling troops out way too early. Bush actually warned of another terrorist organization rising affter al queda. Obama did not listen. So now Trump wants at least 100k troops to stay in Iraq ffor this very reason to stop something like this from happening again. America has major investment and money tied into Iraq also we have lost many lives there. Trump wants to ensure we get paid back what we are due and that both of our countries prosper and are wealthy. So my opinion security is there already and stability is coming soon wit the announcement of mosul being liberated meaning isis is gone from iraq!!! hang in there.

    • Upvote 10
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