CBI calls to action Order mail
CBI calls to action Order mail
20/08/2014
Brother – Baghdad
Confirmed the possibility of expanding the central bank acts of banks and money transfer companies and mobile phone companies and the exercise of any of the activities of the e-payment if they wish to work in the system of electronic payment services for the money No. 2 for the year 2014.
He called on the central bank in a statement received by the Agency for News News (et) wishing to banks and companies winning licenses it to expand the business of banks and money transfer companies and mobile phone companies and the exercise of any of the activities of the electronic payment in the event of their desire for the introduction of e-payment, stressing that they provide formal requests for the exercise of this service requirement of compliance with the requirements the system and provide all the archives.
And on companies that have an authorization from the bank and would like to work as a provider service for electronic payment source said at the bank that he must obtain a license from the Directorate General of the banking and credit control of the central and Compliance, along with the importance to have the capital to pay service provider for $ 10 billion dinars, and re-examined after 3 years from the issuance of instructions.
He said the granting of the license fees amounting to 5 million dinars to pay once when granting the license as well as a letter of guarantee 15 percent of the capital renewed annually on the adjusted ratio in light of the budget of the company issued after the end of the fiscal year. The source confirmed that the applicant pay the wages of the study of the demand to participate in the project and pay retail divider and national reach 2.5 million dinars are not refundable.
For his part, said the academic economic Dr Majid Baidhani said in a statement seen by the Agency for News News (et) to call the bank for banks and companies come through the pursuit of the development of the payments system in Iraq, the adoption of modern technology in order to ensure service delivery quickly and the quality away from the routine and wasting time.
He added that the regulations advanced banking with the participation of the mobile phone companies will allow citizens to transfer money from their funds to any bank or branch or someone else provides time and cost and effort, along with reducing the security risks of trading currencies in large amounts when conducting commercial transactions. ended p.
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