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Central bank: we will satisfy the study and treatment to the needy requests for more than 3000 dollars

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The central bank reduced the money that allows the traveler to purchase $ 3000

The central bank reduced the money that allows the traveler to purchase $ 3000
The central bank reduced the money that allows the traveler to purchase $ 3000
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Today decided to CBI, on Wednesday, to determine the share of travelers with 3 thousand dollars only, while pointing to the possibility of providing passenger demand in case he needs a larger amount, warned banks and money transfer companies from manipulating quotas.

A source at the Central Bank in an interview he was "committed to the law of the Iraqi Central Bank and the guidelines for the International Monetary Fund and international norms and practices, the central bank covers requests for importers and citizens for the purposes of travel, study, treatment and other requirements as specified in the instructions, the currency of the dollar From this point decided to bank procedures that will help to support the dinar and the control of the dollar. "

The source, who asked not to be named, said "the actions represented to be the sale price of the dollar for the purposes of the above amount not to exceed 1,200 dinars to the dollar for the sale of cash or money orders and letters of credit," noting that "the bank has decided to allow passengers to purchase $ 3,000 just from banks and money transfer ".

The source indicated that "if the traveler need to over the amount necessary to cover the needs, it can provide documented own demand, including demand in favor of the banks or banking companies before suitable for obtaining approvals fundamentalism on-demand period."

The source added that "in the absence of banks in response or conversion or banking companies to importers requests or citizens of, the sale of dollars at a higher price than stated, or delay or obstruct the orders of the Central Bank would take tough sanctions against them."

The central bank already allows travelers to buy hard currency around $ 5000

http://burathanews.com/news/289583.html

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***///

IMF & UN told them to get their financial & fiscal house in order...

they MUST track currency smugglers, large transactions and movement of currency which could indicate

criminal acts - including, but not limited to - financing terrorism, bogus auctions, graft / corruption ...

If they had this in place back in the day, the evil maliki would be more near a pauper right now.:P

 

And, of course,

they'll want to catch whoever is haulin' all those IQD's to the US and "pumpin" 'em to gullible Gringos !:lol:

 

.

 

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Up here (GWN) and perhaps down south (USoA) the banks are supposed to have forms filled if you're withdrawing more than $10,000 ... maybe they're finally starting to realize a little accountability is needed.

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Central Bank decides to LOWER the dollar sales for those wishing to travel abroad 16/06/2016

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BAGHDAD / tomorrow Press: Central Bank announced on Thursday, up dollar sales for citizens wishing to travel, after the completion of all the required procedures. The bank said in a statement : "Tomorrow Press" received a copy of it, he "decided that the share of citizens who wish to obtain the dollar to cover expenses outside of banks and banking and financial transfer all, is the (3000) dollars, three thousand dollars, instead of the (5000) dollars, five thousand dollars. " He added , " The sale takes place after the completion of the required documents under the window Help all. "

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are they buying  in bulk  of  1`000 s    thousands dollars  ?    millions  like   some of  us   going  to dinar ?    3000   even  5000   seems  pretty  steep   for  just  getting  carry around  cash !   but again  only rich  people  or  refugee  are  leaving ... 

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Central Bank lowers the dollar sales for the citizens and why !!

16-06-2016 11:35 AM    
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image.php?token=141e317cd23cdd5275bdf299
 

Orbit News -

 

 

Committed the central bank, on Thursday, approved banks and the conversion to reduce dollar sales to citizens who wish to travel. 

The bank said in a statement received 'orbit News' copy of it, he "decides for each of the approved banks all companies and remittance of all, in addition to the broker for buying and selling companies all foreign currencies, selling $ 3,000 instead of $ 5,000 for citizens desiring the dollar to cover their expenses abroad. " 

the statement added," the sale takes place after the completion of all the required documents under the regulations in force. "

 

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Thursday June 16, 2016 08:54
 
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Alsumaria News / Baghdad 
committed the Iraqi Central Bank, on Thursday, banks licensed companies and the conversion to reduce dollar sales to citizens who wish to travel. The bank said in a statement , News received Sumerian version of it that he " was decided for each of the approved banks all companies and remittance of all, in addition to the broker for the sale of businesses and purchase of foreign currencies all, selling $ 3,000 instead of $ 5,000 for citizens desiring the dollar to cover their expenses abroad. "


 

 


The bank said that " the sales process take place after the completion of all the required documents under the regulations in force." Founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including the exchange rate policies are being daily sessions for buying and selling currencies.

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So they are lowering the amount of dollars a citizen can take out of country?

Why would they do that?  Hmmm?

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The central bank lowered the share of citizens who wish to obtain the dollar to three thousand

The central bank lowered the share of citizens who wish to obtain the dollar to three thousand


June 16, 2016views 54 view

 

 

Nur News / Baghdad 
decided to CBI, that the share of citizens who wish to obtain the dollar to cover their expenses abroad of banks and banking and financial transfer all is three thousand dollars, instead of five thousand. 
According to a statement of the bank, "Nur News" received a copy of it, that " sales process take place after the completion of all the required documents under the regulations in force. "

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13415.jpg?width=400&height=300&crop=auto

Iraqi Central Bank building in central Baghdad Imaging (Mahmoud Raouf)


 

Author: ASJ, NS 
Editor: NS 6/16/2016 09:35 Number ofViews: 662 

 


 

 

Long-Presse / Baghdad

Iraqi Central Bank decided on Thursday to reduce dollar sales for citizens wishing to travel to the (3000) dollars instead of 5,000 dollars, while stressing the need for the sale takes place after the completion of all required archives.

A statement by the Central Bank of Iraq, received a (long-Presse), a copy of which, "The bank has decided that the share of citizens who wish to have access to the dollar to cover their expenses abroad of banks and banking, financial and conversion of all is the (3000) dollars, three thousand dollars, instead of ( 5000) dollars, five thousand dollars. "

He stressed the central bank, according to the statement, the need for the "sale takes place after the completion of all the required documents under the regulations in force."

The Iraqi Central Bank has decided, in (23 March 2016), to identify travelers share by 3 thousand dollars only, while pointing to the possibility of the traveler submit a request to the bank in case he needs a larger amount, warned banks and remittance of manipulating quotas.

The central bank allows travelers previously to buy hard currency around $ 5000.  

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Maybe this has something to do with encouraging the use of credit cards when they go international. Less cash and more credit and ATM usuage..

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3 minutes ago, Dinarian64 said:

Looks to me like they are trying to control the number of dollars leaving the country

I was thinking the same thing.  Other articles are stating the corruption is being cleaned up at the Iraqi banks that deal directly with the Iraqi citizens and measures are being taken to bolster confidence that banks are a safe place for Iraqis to deposit currencies.  Possibly, corrupt characters or law abiding Iraqis are/were taking funds out of the country via personal carrying of the funds and depositing them into foreign bank accounts that drains the potential for the Iraqi banks to support liquidity.  I suspect legally and liquid Iraqi bank transactions and loans would greatly enhance the liquidity and bolster the Iraqi economy.  With all the personal loans granted/to be granted, I suspect Iraq doesn't want the loan monies to leave the country and for all the loan monies to be plugged into the Iraqi economy.  Just my thoughts/opinion.

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Um, excuse me madam but you seem to be carrying $5,000,000,000 over the $3,000 limit. Oh excuse me sir...now yes I do know who you are Mr Maliki- I'm sorry but I didn't  I recognize you in the Burka.

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1 hour ago, magawatt said:

Um, excuse me madam but you seem to be carrying $5,000,000,000 over the $3,000 limit. Oh excuse me sir...now yes I do know who you are Mr Maliki- I'm sorry but I didn't  I recognize you in the Burka.

EXACTLY Lmfao

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Economist describes L / balance News / step sale of central bank dollar for citizens to "good"

economy

 Since 16/06/2016 18:23 pm (Baghdad time)

federal-reserve-money.jpg

Special - balances News

Description economist Qais Al-Mulla, Thursday, obliging the Central Bank of licensed banks and money transfer companies to reduce dollar sales to citizens and the sale of 3,000 dollars at auction currency good move.

Mulla said L / Moayzn News /, "The step his proposal that the central bank will provide an amount of $ 3,000 for citizens who want to travel or trade, the price of the auction of the currency, especially since there are several facilities in the procurement process, most notably circulate this resolution to all banks and companies licensed money transfer. "

He added that "This decision did not come from the sheer will of the central coffee, but after several requests made by money transfer companies, and a number of private banks to provide currency for over a number of citizens."

It is noteworthy that the Iraqi Central Bank decided that the share of citizens who wish to have access to the dollar to cover their expenses abroad of banks and banking, financial and conversion of all is the (3000) dollars, three thousand dollars, instead of (5000) dollars, five thousand dollars .anthy 29

From: Haidar Almitm

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Wednesday June 22, 2016 14:39
 
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Alsumaria News / Baghdad
, said the Iraqi Central Bank, on Wednesday, she will meet the treatment demands and study the needy for more than 3000 dollars, indicating that he committed the banks to sell the dollar official to its rate of 1200 dinars per dollar. The bank said in a statement received Alsumaria News , a copy of which he "can meet the amount of more than 3000 dollars for those wishing to travel outside Iraq for the purposes of the study cases of humanitarian treatment after our review with enhanced documentation for the purpose of transmitting the application to a bank to meet the quota, according to Zawabott, "adding that he" will follow the banks commitment to meet these requests very carefully to ensure that citizens on Ahtaajyatem with ease. "

 

 


Bank and the new "directed all banks need to meet the requests of citizens of foreign currency for travel purposes and by 3000 dollars for every citizen and the price the official specified which currently stands at 1200 dinars per dollar." The central bank had committed in the June 16, 2016 each of the approved banks all companies and remittance of all , in addition to the broker for the sale and purchase of foreign currencies all companies selling $ 3,000 instead of $ 5,000 for citizens desiring the dollar to cover their expenses abroad. "

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