Central banks demanding disclosure of the names of the customers transferred sums of foreign remittances

Monday, February 6, 2017 12:23

Alsumaria News / Baghdad
called on the central bank, on Monday, the banks to disclose the names of the customers transferred sums of foreign remittances, send the name of "Company" with the name of the managing director while the demand.

The bank said in a statement Alsumaria News received a copy of it , "for the purpose of activating the Help the sale and purchase of foreign bank 's currency and sufficient oversight of compliance Massarvkm check the sources money your customers and their uses , it was decided to send a special list of the names transferred customers and end-beneficiaries of the sums foreign remittances that are implemented through window sale and purchase of foreign currency. "

" The detection sends a monthly basis during the first seven days of the subsequent month , instead of sending it a day with the purchase submitted to the window requests , " indicating that "among other decisions is to send the customer the " Company "name with the name of the managing director while the demand."

The bank added , "Other decisions is no need to distribute enhancement requests Arsdtkm abroad through the sale and purchase of foreign currency in the window of the bank between foreign remittances and documentary credits where the choice between two modes up to Massarvkm as long as the hold is a fundamentalist."

And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

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