On Tuesday, the Central Bank of Iraq called for the need for banks and electronic payment companies to disclose details of services provided to citizens.
The Central said in a statement received by "Al-Iqtisad News", that it "calls the Iraqi Central Bank licensed banks and electronic payment companies to compel their agents to announce at their workplace the details of the services provided and the rates of wages and commissions deducted clearly and explicitly."
He indicated that " for the purpose of organizing cash withdrawals through the use of points of sale."
The statement added that "the honorable citizens should make sure of the deducted commissions shown in the withdrawal tape for the devices, which must be in accordance with the instructions of the Central Bank."
And between: "The Central Bank previously set the ceiling for a single withdrawal from the points of sale, which is 2 million dinars, provided that the maximum commission limit is 0.006 for the withdrawn amount and not less than 2000 dinars."
economy-news.net/content.php?id=20546
The Central said in a statement received by "Al-Iqtisad News", that it "calls the Iraqi Central Bank licensed banks and electronic payment companies to compel their agents to announce at their workplace the details of the services provided and the rates of wages and commissions deducted clearly and explicitly."
He indicated that " for the purpose of organizing cash withdrawals through the use of points of sale."
The statement added that "the honorable citizens should make sure of the deducted commissions shown in the withdrawal tape for the devices, which must be in accordance with the instructions of the Central Bank."
And between: "The Central Bank previously set the ceiling for a single withdrawal from the points of sale, which is 2 million dinars, provided that the maximum commission limit is 0.006 for the withdrawn amount and not less than 2000 dinars."
economy-news.net/content.php?id=20546