Rafidain Bank: we are committed to international standards on the subject of money ~
Rafidain Bank: we are committed to international standards on the subject of money laundering
Saturday 26-12-2015 | 7:17:23
Twilight News / Rafidain Bank said on Saturday that the issue of money laundering in which the criteria set of global institutions.
The general director of the bank on behalf of Kamal al-Hassani said in a statement responded to Twilight News, that global institutions and on the track central banks in both countries reported the instructions of banks operating with in accordance with the know your customer and form particular to identify the sources of money a person before the base to start with the exercise of banking activity and the nature of his situation and potential and activity which is doing.
The statement added that when there are revenues be confirmed according to fixed criteria to be adopted either everyone in Iraq, it is countries that rely on direct cash deal in light of the lack of comprehensive technical institutions and banks both civil and governmental and specialized.
He said al-Husseini that citizens rely on the Rafidain Bank in bid farewell to their money because he did not witness any position that the bank may be a breach of its obligations and its agreements towards them.