Written by: Islam Al-Saqqa
The Central Bank of Iraq has issued an important notice to all banks operating in the country regarding financial transfer operations, setting a specific deadline of 4 days to implement the issued directives.
New regulations for financial remittances
This step comes within the framework of organizing banking work, as the Central Bank has granted financial institutions a period of four days to comply with the required standards related to the remittance mechanism, in order to ensure compliance with the applicable regulatory controls.
