Today's News on the Iraqi Dinar for June 10th, 2019
Here is Today's translation: Translated by CoffeeDave: This is interesting
Banks All electronic payment companies Visa and Master Card M / Preparation for the Conference of the launch of electronic travel cards Greetings. . . As a result of the strategy of this bank to gradually guide citizens to use electronic payment tools instead of paying cash, I draw your attention to the fact that I am preparing for the conference to launch the cards. Which will help passengers in the payment of external expenses and contribute to increase the ability of banks to attract customers towards modern banking services, and in this regard will be in coordination with the Bank of Iraq and licensed payment companies and companies For the international cards to establish a conference during the first week of July 2019 to launch an intensive media campaign in this regard Topic Partners Partners set up a conference to launch electronic travel cards Issuing cards to Iraqi citizens to motivate them to use these cards during travel to pay expenses (purchases - hotels - treatment - study with Pointing out the additional benefits to Tomana These cards carry the dollar for the price of 1, 200 dinars Security during travel and avoid theft and loss - Payment in all currencies and all over the world. The bank will settle the cards to the banks abroad by selling them at $ 1.90 through the sale window of the currency, in exchange for the sale of the dollar at a price of 1, 200 dinars through the purchases of cards Central Bank Iraq Association of Iraqi Banks Private Fund Enabling all licensed banks licensed payment companies. Al-Najaf Airport, Erbil Airport, Sulaymaniyah Airport Travel and Tourism Facility Partners - Citizens: Citizens Issue (1) million (1) billion dollars abroad in the first stage - the establishment of banks to booths Booths in the malls to sell cards directly and banking companies to sell cards on behalf of banks to establish a declaration on the use of aircraft cards Iraq agreement with airports to allow banks to stay In the first week of July 2019 (with the start of the season of tourism, travel and holidays), the goal of the event is to prepare for this product because of its positive impact on increasing the profitability of banks and attracting them This will be done in cooperation with international card companies. The workshop will focus on the mechanism of work, management and profitability of electronic cards and its modern marketing methods. Therefore, we call on banks and their payment companies to launch workshops and marketing campaigns. To intensify the sales of cards of all parties electronic participation and benefit from the facilities provided by this bank in this strategic project, because of the positive effects and economic feasibility, seeking to communicate with the Association of Iraqi banks, which will prepare for the Conference and coordination with all partners during this month.
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