Central Bank of Iraq Statement Issued: Expanded meeting with representatives of the banks
Central Bank of Iraq Statement Issued: Expanded meeting with representatives of the banks to inform them on how to deal with banknotes
Posted, February 6, 2015
(Press release), the Directorate General of issuance and cabinets held at the Central Bank of Iraq, an expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and examination.
Statement issued by the Central Bank of Iraq
2015/2/5
Directorate-General for issuing and cabinets held at the Central Bank of Iraq expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and testing in addition to the definition of modern mechanization used by the Central Bank of Iraq, and the mechanism of action in the counting and checking, sorting and bundles of banknotes as well Technology to fake and damaged automatically excluded.
The central bank expressed willingness to provide expertise and training and the rest of the facilities in order to facilitate the development of counting and sorting operations in banks and also keen to secure access funds from the banks to the Central Bank in a facilitator to accomplish counted and examined and sorted automatically processes.
The central bank also urged banks to establish centers of currency counting and sorting using modern mechanization to ensure deposit of banknotes by banks with the Central Bank of Iraq and is free of shortage and damaged.
cbi.iq