Central Bank stresses on replacing the damaged currency without commissions

Central Bank stresses on replacing the damaged currency without commissions

31/05/2018

Central Bank stresses on replacing the damaged currency without commissionsBaghdad

Stressed The Central Bank of Iraq, on Thursday, the need to commit all banks to replace the damaged currency without commissions.

The bank said in a statement received the “direction” a copy of it that “the banks approved all compliance obligation issued by the Department of the issuance and the treasury in 2017 and the replacement of the damaged currency without the payment of commissions in return for that,” noting that “non-compliance will bear the bank infringing all the legal consequences in accordance with Article 63 Of the Central Bank Law No. 56 of 2004 amending “.

The bank asked the banks to provide him with the disclosure of the damaged amounts exchanged by them, which were received from the public until 31 May, “stressing the need to” respond to the answer within 3 days of the date of his book. ”

It is noteworthy that a large number of damaged banknotes are still trading in the local markets, while the banks to return these securities again to the public after the deposit.

aletejahtv.com