Home
Al-Rafidain issues a clarification regarding the use of the electronic card
Tuesday, January 9, 2024 9:00 AM
Baghdad/National News Center
Today, Tuesday, Rafidain Bank issued a clarification regarding the use of electronic cards. The bank stated, in a statement received by the National News Center, that
“the electronic card has several benefits and advantages and is used in important areas, most notably deposits, withdrawals, shopping, and conducting daily financial transactions away from cash and manual cash.” The statement added:
“From this standpoint, Rafidain Bank stresses the need for its holder to act in accordance with his declared income limits, especially the electronic card for employees and retirees, which is fed into a bank account, and
thus it should be used in a civilized and responsible manner by filling it with amounts consistent with the maximum permissible limit and in a manner consistent with the amount The monthly salary of the employee or retiree and the rest of the sources of income declared by the cardholder in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Law.”
He warned citizens against “giving the card and password to another person who withdraws amounts outside the country, and
this is part of money laundering operations,” concluding by saying:
“Dear citizen, your card is your financial identity, so be sure to use it for the legitimate purposes designated for it inside and outside Iraq.”
https://nnciraq.com/245113/
Tuesday, January 9, 2024 9:00 AM
Baghdad/National News Center
Today, Tuesday, Rafidain Bank issued a clarification regarding the use of electronic cards. The bank stated, in a statement received by the National News Center, that
“the electronic card has several benefits and advantages and is used in important areas, most notably deposits, withdrawals, shopping, and conducting daily financial transactions away from cash and manual cash.” The statement added:
“From this standpoint, Rafidain Bank stresses the need for its holder to act in accordance with his declared income limits, especially the electronic card for employees and retirees, which is fed into a bank account, and
thus it should be used in a civilized and responsible manner by filling it with amounts consistent with the maximum permissible limit and in a manner consistent with the amount The monthly salary of the employee or retiree and the rest of the sources of income declared by the cardholder in accordance with the Anti-Money Laundering and Counter-Terrorism Financing Law.”
He warned citizens against “giving the card and password to another person who withdraws amounts outside the country, and
this is part of money laundering operations,” concluding by saying:
“Dear citizen, your card is your financial identity, so be sure to use it for the legitimate purposes designated for it inside and outside Iraq.”
https://nnciraq.com/245113/
