yota691 Posted December 22, 2021 Report Share Posted December 22, 2021 Al-Rafidain Bank stops withdrawals and deposits, starting from Thursday 2021.12.22 - 14:43 Baghdad - people Al-Rafidain Bank announced, on Wednesday, the suspension of withdrawals and deposits from savings accounts, starting from tomorrow, Thursday, corresponding to 12/23/2021, until Monday, corresponding to 3/1/2022. And the bank’s media office explained in a statement that “Nas” received a copy of it (December 22, 2021), that “the suspensions come in order to pay the annual accounts and calculate the interests of savings accounts, as well as organizing budgets.” The bank also decided, "to close the doors of all its branches on Sunday, 2/1/ 2022, for the purpose of paying the annual accounts and for implementing the bank's accounts that are applicable every year." 2 9 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 22, 2021 Author Report Share Posted December 22, 2021 For 10 days... Al-Rafidain suspends withdrawals and deposits from savings accounts 2021-12-22 07:03 Shafaq News/ Al-Rafidain Bank announced, on Wednesday, the suspension of withdrawals and deposits from savings accounts, starting from tomorrow, Thursday, corresponding to 12/23/2021, until Monday, corresponding to 3/1/2022. The bank's media office said, in a statement received to Shafak News Agency, that "the suspensions come in order to pay the annual accounts, calculate the interests of savings accounts, as well as organize budgets." The bank also decided to close the doors of all its branches on Sunday, 2/1/ 2022, for the purpose of paying the annual accounts and for implementing the bank’s accounts that are applicable every year. 7 5 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted December 22, 2021 Report Share Posted December 22, 2021 Good morning Yota, now this is interesting. I never heard of this procedure before the suspensions come in order to pay the annual accounts and calculate the interests of savings accounts, as well as organizing budgets.” 1 3 9 Quote Link to comment Share on other sites More sharing options...
southbeach Posted December 22, 2021 Report Share Posted December 22, 2021 Bump 6 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted December 22, 2021 Report Share Posted December 22, 2021 Could this be a portent of a possible value change of the IQD..? 5 7 3 Quote Link to comment Share on other sites More sharing options...
Artitech Posted December 22, 2021 Report Share Posted December 22, 2021 I don’t remember Iraqi banks doing this either! Stop all deposits or withdrawals???? Maybe it’s happened before and I just don’t remember!! This is getting interesting! Trying to control my Hopium intake! BUT it is fun to dream, I’m hoping that we will see all our dreams come true! Maybe Adam will weigh in on it! Maybe Not! I still like the news coming out ! JMHO!🤠 Happy New Year!!! 3 3 2 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted December 22, 2021 Report Share Posted December 22, 2021 Bumpety Bump Bump Bump ! 2 4 Quote Link to comment Share on other sites More sharing options...
lmb4321 Posted December 22, 2021 Report Share Posted December 22, 2021 With the Kuwaiti News and this.....Certainly things are getting very interesting.....Go Rate Change❗ 1 7 Quote Link to comment Share on other sites More sharing options...
yusofsabri Posted December 22, 2021 Report Share Posted December 22, 2021 Hopefully this is the final round of roller coastal 3 5 Quote Link to comment Share on other sites More sharing options...
flyguy2323 Posted December 22, 2021 Report Share Posted December 22, 2021 4 minutes ago, Artitech said: I don’t remember Iraqi banks doing this either! Stop all deposits or withdrawals???? Maybe it’s happened before and I just don’t remember!! This is getting interesting! Trying to control my Hopium intake! BUT it is fun to dream, I’m hoping that we will see all our dreams come true! Maybe Adam will weigh in on it! Maybe Not! I still like the news coming out ! JMHO!🤠 Happy New Year!!! Thank you for your post. I feel the same way. Been in this 12+ and I also feel we have seen this before. Maybe, not this length but I feel it isn’t the first time. 🤞🙏 that we are close but I’m not going hold my breath. It is Iraq after all. 😡 1 1 Quote Link to comment Share on other sites More sharing options...
chris2028 Posted December 22, 2021 Report Share Posted December 22, 2021 I am also trying to recall anytime this has happened. Its seemed like we've had so many of these type of things happen before that they all kind of run together through the years. But for some reason this one seems much different due to the Kuwait pay off being completed, the borders reopening for trade between the two countries and the Chpt VII talk going on too!! GO RV 1 7 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted December 22, 2021 Report Share Posted December 22, 2021 More right before the New Year hopium!!I love it but at the same time hate it!!!! 😭 1 4 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 22, 2021 Report Share Posted December 22, 2021 hmmmm...switching system in preparation for the new Financial management law that tales effect from Jan 1st!!! 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 22, 2021 Report Share Posted December 22, 2021 5 hours ago, chris2028 said: I am also trying to recall anytime this has happened. Its seemed like we've had so many of these type of things happen before that they all kind of run together through the years. But for some reason this one seems much different due to the Kuwait pay off being completed, the borders reopening for trade between the two countries and the Chpt VII talk going on too!! GO RV yep also FML and budget takes effect from Jan st 1 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 22, 2021 Report Share Posted December 22, 2021 6 hours ago, Artitech said: I don’t remember Iraqi banks doing this either! Stop all deposits or withdrawals???? Maybe it’s happened before and I just don’t remember!! This is getting interesting! Trying to control my Hopium intake! BUT it is fun to dream, I’m hoping that we will see all our dreams come true! Maybe Adam will weigh in on it! Maybe Not! I still like the news coming out ! JMHO!🤠 Happy New Year!!! never before have they stopped deposits and withdrawals or stop issuing credit..... 2 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 22, 2021 Report Share Posted December 22, 2021 Jan will be an exciting month.....lets hope we it see a rate change on Jan 1st or first few weeks!!!!! 1 1 4 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 22, 2021 Report Share Posted December 22, 2021 6 hours ago, ronscarpa said: Could this be a portent of a possible value change of the IQD..? i will raise you one!!! 1 3 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted December 22, 2021 Report Share Posted December 22, 2021 🤞.. 🙏 2 1 Quote Link to comment Share on other sites More sharing options...
Spartakus Posted December 22, 2021 Report Share Posted December 22, 2021 People have very short memory, they've done the same thing last year. That doesn't mean that this time is exactly like last time. 1 1 1 Quote Link to comment Share on other sites More sharing options...
davis411 Posted December 22, 2021 Report Share Posted December 22, 2021 12 minutes ago, Spartakus said: People have very short memory, they've done the same thing last year. That doesn't mean that this time is exactly like last time. I don’t remember can you back up your views just asking i don’t remember If I get time I will look up 1 1 1 1 Quote Link to comment Share on other sites More sharing options...
shixjr Posted December 23, 2021 Report Share Posted December 23, 2021 This is why the Iraqi people keep "chunky money". They don't trust the banks and actions like this cause more distrust. I hope it is to change the rate or something else that would benefit the Iraqi people, because if they are simply doing this as a "normal business thing", the Iraqi people will start taking their money back out of the banks. Wouldn't you, if your bank wouldn't let you have access to your money? 1 2 Quote Link to comment Share on other sites More sharing options...
olivesman Posted December 23, 2021 Report Share Posted December 23, 2021 7 hours ago, ronscarpa said: Could this be a portent of a possible value change of the IQD..? From your mouth to God's ears, my friend! 1 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted December 23, 2021 Report Share Posted December 23, 2021 1 hour ago, Spartakus said: People have very short memory, they've done the same thing last year. That doesn't mean that this time is exactly like last time. No they didn’t show me an article from last year??? 2 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted December 23, 2021 Report Share Posted December 23, 2021 1 hour ago, Spartakus said: People have very short memory, they've done the same thing last year. That doesn't mean that this time is exactly like last time. yes wheres the article???? i can tell you they have never stopped lines of credit or withdrawls and deposits! 2 1 1 Quote Link to comment Share on other sites More sharing options...
Spartakus Posted December 23, 2021 Report Share Posted December 23, 2021 Believe what you want my friend, I hope they revalue as well. It isn't worth arguing over this thing. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
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.