Central Bank: No comment on the “Western Union” money transfer service
Central Bank: No comment on the “Western Union” money transfer service
2023-10-12
Thursday, the Central Bank of Iraq denied suspending the work of the “Western Union” international financial transfer service until further notice, while indicating that there is no such practice currently.
Zain Iraq announced earlier Thursday, its commitment to implementing the directives of the Central Bank of Iraq by stopping the Western Union service as of 10-12-2023 and temporarily, in order to activate modern mechanisms and technologies to verify financial transactions that are in line with the best practices. “Global practices and instructions of the Central Bank of Iraq”
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