Rafidain Bank reaffirms its commitment to international standards on money laundering
Rafidain Bank reaffirms its commitment to international standards on money laundering case
12.26.2015 at 10:27 (GMT Baghdad)
Baghdad scales 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 seen by / scales 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 being done. "
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 continued, "The 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." Ended 29 / D 24