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bostonangler

Translated by CoffeeDave:

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Here is Today's translation: Translated by CoffeeDave:

 

This is interesting Banks All electronic payment companies Visa and Master Card M / Preparation for the Conference of the launch of electronic travel cards Greetings. . . As a result of the strategy of this bank to gradually guide citizens to use electronic payment tools instead of paying cash, I draw your attention to the fact that I am preparing for the conference to launch the cards. Which will help passengers in the payment of external expenses and contribute to increase the ability of banks to attract customers towards modern banking services, and in this regard will be in coordination with the Bank of Iraq and licensed payment companies and companies For the international cards to establish a conference during the first week of July 2019 to launch an intensive media campaign in this regard Topic Partners Partners set up a conference to launch electronic travel cards Issuing cards to Iraqi citizens to motivate them to use these cards during travel to pay expenses (purchases - hotels - treatment - study with Pointing out the additional benefits to Tomana These cards carry the dollar for the price of 1, 200 dinars Security during travel and avoid theft and loss - Payment in all currencies and all over the world. The bank will settle the cards to the banks abroad by selling them at $ 1.90 through the sale window of the currency, in exchange for the sale of the dollar at a price of 1, 200 dinars through the purchases of cards Central Bank Iraq Association of Iraqi Banks Private Fund Enabling all licensed banks licensed payment companies. Al-Najaf Airport, Erbil Airport, Sulaymaniyah Airport Travel and Tourism Facility Partners - Citizens: Citizens Issue (1) million (1) billion dollars abroad in the first stage - the establishment of banks to booths Booths in the malls to sell cards directly and banking companies to sell cards on behalf of banks to establish a declaration on the use of aircraft cards Iraq agreement with airports to allow banks to stay In the first week of July 2019 (with the start of the season of tourism, travel and holidays), the goal of the event is to prepare for this product because of its positive impact on increasing the profitability of banks and attracting them This will be done in cooperation with international card companies. The workshop will focus on the mechanism of work, management and profitability of electronic cards and its modern marketing methods. Therefore, we call on banks and their payment companies to launch workshops and marketing campaigns. To intensify the sales of cards of all parties electronic participation and benefit from the facilities provided by this bank in this strategic project, because of the positive effects and economic feasibility, seeking to communicate with the Association of Iraqi banks, which will prepare for the Conference and coordination with all partners during this month.

 

 

 

Don't know CoffeDave...

B/A

 

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This is exactly what I saidim the bros' thread...the citizens abroad will get at a rate of 1.2 dollar per dinar(although this one says 1.90) in exchange of the current rate which is 1190 dinars to a dollar. Cheers 

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6 minutes ago, bostonangler said:

Don't know CoffeDave...

B/A

 

CNN Found This ! ;) 

 

Looney Tunes Coffee GIF
 
But OMG ! Just Take A Look At Those Ashtrays - There Hasn’t Been Pile’s Of Butts Like That Since The Greek Army Went On Maneuvers ! :o 
 
:D  :D  :D 
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12 minutes ago, navira said:

This is exactly what I saidim the bros' thread...the citizens abroad will get at a rate of 1.2 dollar per dinar(although this one says 1.90) in exchange of the current rate which is 1190 dinars to a dollar. Cheers 

Whatchu talking about bro

 

is your name willis 

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58 minutes ago, bostonangler said:

These cards carry the dollar for the price of 1, 200 dinars Security during travel and avoid theft and loss - Payment in all currencies and all over the world. The bank will settle the cards to the banks abroad by selling them at $ 1.90 through the sale window of the currency, in exchange for the sale of the dollar at a price of 1, 200 dinars through the purchases of cards Central Bank Iraq Association of Iraqi Banks Private Fund Enabling all licensed banks licensed payment companies.

It looks like they are saying for every 1200 dinars on this card you get $1.90 USD as a conversion rate when you use this card anywhere outside of Iraq.  Not sure how you are seeing 1 dinar equals $1.90 USD outside of Iraq in the above statement.   

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This is a very interesting post -thanks for bringing it- and for all of the responsesthat followed...i cant recall what Sylvester The Cat cartoon Thugs gif is from- but i certainly look forto seeing it!!!

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I believe they are saying that the banks can buy the cards for 1.90'each and load them with dollars at a rate of 1200 dinars per dollar.

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7 hours ago, wizard1 said:

So we won't get as much as we thought 1000,000 dinar divided by 1200 = $833,000 us $'s

I think your math may be wrong.    How did you come up with that?  The 833 is right.  Just to many zeroes after it. 

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So what should it be?   If one us$ is worth 1200 dinar then one million divided by 1200 is 833,3333333

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1 hour ago, wizard1 said:

So what should it be?   If one us$ is worth 1200 dinar then one million divided by 1200 is 833,3333333

Ummm. No. Change the comma to a period.1,000,000 divided by 1200 is 833.3333

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This article resurfaces every few weeks. Kinda like the in coming days story. Electronic banking, travel, VISA & MC have been going active for the last two years.

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