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 October 11, 2020
The Central Bank launches the electronic platform for letters of guarantee

 



Within the framework of its reform measures and keeping pace with developments in the automation of the banking industry, this bank announces the "launch of the electronic platform for letters of guarantee in which the information of letters will be recorded by the authorized banks". This platform included in its work the downloading of letters' data by the authorized banks by accessing them. And with different and specific powers, provided that the bank is responsible for the accuracy and correctness of such data.
 
The beneficiaries of the two sectors (public and private), and after issuing the letter, are required to adopt an electronic registration form obtained from the Central Bank and which this platform will issue, including information on those letters and has various security marks such as the heat stamp and the (barcode) feature, without this bank incurring any financial commitment that results For the bank’s reluctance to pay the letter.
 
This bank invites the parties benefiting from the letters of guarantee and located inside the capital Baghdad to obtain the information registration form by this bank, and the authorities outside the capital Baghdad can obtain the information registration form from the branches of the Central Bank of Iraq (Basra, Mosul, Erbil) and according to the geographical area of each branch, The above mechanism will be actually implemented, starting from (the 18th of October 2020).
 
The Central Bank of Iraq
information Office
October 11, 2020
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 October 11, 2020
Prices of gold bars and coins for Monday 10/12/2020 until 10/15/2020

 



Prices of gold bars and coins that will be sold from Monday 10/12/2020 until Thursday 10/15/2020

15 gm specie

1,217,500

   
Coin of 22 g 1,785,250 file-155047419319872.jpg file-155047424067597.jpg

Slug 5 gr

382,500

file-155167974932800.jpg

file-15516798818313.jpg

Slug 10 gr

757,000

file-155167978087073.jpg

Slug 15 gr

1,137,250

file-155167980596158.jpg

Slug 20 gr

1,525,250

file-155167982617318.jpg

Slug 25 gr

1,914,250

file-155167984789586.jpg

Slug 50 gr 3,832,250  

 

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Economy News - Baghdad

The Central Bank of Iraq announced, on Sunday, the launch of the "electronic platform for letters of guarantee" as part of its reform measures to keep pace with developments in the banking industry.

The central bank said in a statement received by "Al-Eqtisad News", that "within the framework of its reform measures and in keeping with developments in the automation of the banking industry, this bank announces the launch of the electronic platform for letters of guarantee, in which the letters of information will be recorded by the authorized banks."

He pointed out that the platform is comprehensive, "in its work, to download the letters' data by the authorized banks through accessing them and with different and specific powers, provided that the bank is responsible for the accuracy and correctness of that data."

The statement emphasized: “The beneficiaries of the two sectors (public and private) are required, after issuing the letter, to adopt an electronic registration form obtained from the Central Bank, which this platform will issue, including information on those letters and has various security marks such as the thermal stamp and the (barcode) feature, without the responsibility of this bank. Any financial obligation resulting from the bank’s delay in paying the value of the letter. 

In the statement, the Central Bank called on the parties benefiting from letters of guarantee located inside the capital, Baghdad, to obtain the information registration form by this bank, while those outside the capital Baghdad can obtain the information registration form from the branches of the Central Bank of Iraq (Basra, Mosul, Erbil) and according to the geographical area. For each branch, and the above mechanism will be effectively implemented starting (October 18, 2020).

 


 

 
Number of observations 118   Date of addendum 10/11/2020
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The Central Bank announced today, Sunday, "the launch of the electronic platform for letters of guarantee, in which the letter information will be recorded by the authorized banks." This measure comes within the framework of its reform measures and to keep abreast of developments in the automation of the banking industry.

According to an official statement, the platform includes in its work the downloading of letters 'data by authorized banks' access to them with different and specific powers, provided that the bank is responsible for the accuracy and correctness of these data, and the beneficiaries of the two sectors (public and private) are required and after issuing the letter an electronic registration form is approved. Obtaining it from the central bank, which will be issued by this platform, including the information on those letters, and it carries various security marks such as the thermal stamp and the (barcode) feature, without this bank incurring any financial obligation resulting from the bank’s delay in paying the value of the letter.

In its statement, the bank called on the parties benefiting from the letters of guarantee and located inside the capital Baghdad to obtain the information registration form by this bank, and for those outside the capital Baghdad they can obtain the information registration form from the branches of the Central Bank of Iraq in (Basra, Mosul, Erbil) and according to the geographical area of each A branch, and the above mechanism will be actualized, starting from the 18th of the current month

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The Central Bank announced, on Sunday, the launch of the electronic platform for letters of guarantee, calling on the beneficiaries to obtain the information registration form before it.
 
The bank said in a statement that Alsumaria News received a copy of it, "Within the framework of reform measures and in keeping with developments in the automation of the banking industry, we announce the launch of the electronic platform for letters of guarantee in which the letters' information will be recorded by the licensed banks," noting that "this platform is comprehensive in its work. Download the letters of the letters by the authorized banks by accessing them and with different and specific powers, provided that the bank is responsible for the accuracy and correctness of such data.
 
 

He explained, “The beneficiaries of the two sectors (public and private), after issuing the letter, are required to adopt an electronic registration form obtained from the Central Bank, which this platform will issue, including information on those letters and has various security marks such as the heat stamp and the (barcode) feature, without this bank bearing any A financial commitment resulting from the bank’s delay in paying the value of the letter.

The bank called on the parties benefiting from letters of guarantee and located inside the capital Baghdad to "obtain the information registration form from this bank. As for those outside the capital Baghdad, they can obtain the information registration form from the branches of the Central Bank of Iraq (Basra, Mosul, Erbil) and according to the geographical area of each Branch, and the above mechanism will be actualized starting (October 18, 2020).
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The Central Iraqi launches the electronic platform for letters of guarantee

The Central Iraqi launches the electronic platform for letters of guarantee
The Central Bank of Iraq
 October 11, 2020 11:08 AM

Mubasher: The Central Bank of Iraq announced today, Sunday, the launch of an electronic platform for letters of guarantee. In which the letter information will be recorded by the licensed banks, within the framework of its reform measures and in keeping with the developments in the automation of the banking industry.

The central said, in a statement, that this platform included in its work the downloading of the letters' data by the authorized banks by accessing them and with different and specific powers, provided that the bank is responsible for the accuracy and correctness of those data.

The Central Bank added that, after issuing the letter, it is required for the beneficiaries of the two sectors (public and private) to adopt an electronic registration form obtained from the Central Bank, which will be issued by this platform, including the information on those letters and has various security marks such as the heat stamp and the (barcode) feature, without bearing this The bank Any financial obligation that results from the bank’s delay in paying the letter's value.

The Central Bank called on the parties benefiting from letters of guarantee and located inside the capital, Baghdad, to obtain the information registration form by this bank, as for those outside the capital Baghdad, they can obtain the information registration form from the branches of the Central Bank of Iraq (Basra, Mosul, Erbil) and according to the geographical area of each branch , And the above mechanism will be actually implemented starting October 18, 2020.

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The Central Bank launches the electronic platform for letters of guarantee

The Central Bank launches the electronic platform for letters of guarantee

Written by: mohanadat: October 11, 2020
Al-Noor News / Baghdad
The Central Bank announced the launch of the electronic platform for letters of guarantee in which the letters' information will be recorded by the authorized banks. About the accuracy and validity of that data.

The beneficiaries of the two sectors (public and private), and after issuing the letter, are required to adopt an electronic registration form obtained from the Central Bank and which this platform will issue, including information on those letters and has various security marks such as the heat stamp and the (barcode) feature, without this bank incurring any financial commitment that results For the bank’s delay in paying the value of the letter.

The bank called on the parties benefiting from the letters of guarantee and located inside the capital Baghdad to obtain the information registration form by this bank. As for the entities outside the capital Baghdad, they can obtain the information registration form from the branches of the Central Bank of Iraq (Basra, Mosul, Erbil) and according to the geographical area of each branch. Actually working with the above mechanism, starting from (the eighteenth of October 2020).

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Alsumaria News publishes a list of foreign and Iraqi gold prices, in the local markets, today, Wednesday (October 14, 2020).

In the wholesale markets for River Street in a Baghdad The price of one weight of 21 carat of Gulf, Turkish and European gold was sold at 323,000 dinars, while the purchase price was 320,500 dinars.

As for the selling price of one weight of 21 carat of Iraqi gold, it was recorded at 298,000 dinars, while the purchase price was 295,500.
 

With regard to the price of gold in the goldsmithing shops, the selling price of the weight of the 21-carat Gulf gold ranges between 325 and 335 thousand dinars, while the selling price of the Iraqi gold weight ranges between 300 and 315 thousand.

Note that one weight is equal to (five grams).
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