CBI sets the terms of the negotiable banknotes

Alsumaria News / Baghdad - The Central Bank of Iraq, on Tuesday, the terms of the banknotes are negotiable.

The bank said in a statement received by Alsumaria News, a copy of it that "the banknote is valid for trading even if exposed to what comes if there was a tear or more than no more than 3 cm and was repaired with a transparent adhesive tape from one side or both sides did not affect the features" .

The bank added that "one of the other conditions that the banknote is valid for trading if it was cut in one of its corners up to 2 cm and did not affect the features," noting that "of the other conditions if the effects of trading and use and did not harm or harm affects the shape, color and size "He said.

The Central determines the terms of the non-negotiable banknotes

The Central Bank obliges banks to provide five hours for their applications to buy currency
Many of the banknotes that many citizens refuse to trade are traded in local markets.

Article Credit: www.alsumaria.tv (Special Thanks to Carol Williamson)