Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
Sign in to follow this  
dinarham

cash withdrawal mechanism introdused in Basra ?

Recommended Posts

Translated from the CBI website:

 

The Board of Directors of the Central Bank of Iraq, at its meeting on December 24, 2019, decided to extend the period of suspension of the promotion of applications for licensing electronic payment companies until December 31, 2020
 
The Central Bank of Iraq
information Office
January 19, 2020
----
The Central Bank / Basra branch organized a workshop on the automation of the cash withdrawal mechanism, identifying how to deal with it, constraints and ways to access appropriate solutions. The workshop included a presence of employees and officials of this bank as well as government and private bank employees.
Edited by Theseus
  • Like 2
  • Thanks 1

Share this post


Link to post
Share on other sites

When i first read the 12/20 date I was dismayed but  on second thought I looked at it as very good news . Cash withdrawal means rv ,even if it's a year from now . The logistics of a cash machine as the dinar now stands would be almost funny . ATM's would be thousands of square feet ,with  dumptrucks carrying  loads of cash  that go down this special shute they have.  Each ATM would require manpower but,that number is yet to be determined . However it is speculated that the majority of that manpower must be physically fit and able to carry heavy loads of cash . There will be a meeting to determine the date that this workshop will be held 

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.