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Central Bank of Iraq to provide unified ATM services
Al Shorfa - [12/20/2011]
The Central Bank of Iraq started the National Switch project to install a unified ATM network in Iraq, the bank announced Sunday (December 18th).
Mazhar Mohammed Jawad, deputy governor of the bank, said at a news conference that the project allows clients of any bank to access their money using a credit card at ATMs installed at markets, train stations, airports and other public places.
Jawad said government and private banks would bear the costs of implementing the project, as well as the cost for purchasing and installing the machines. The Central Bank of Iraq will oversee the project.
The project is due to be completed within six months.
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Al Shorfa - [12/20/2011]
The Central Bank of Iraq started the National Switch project to install a unified ATM network in Iraq, the bank announced Sunday (December 18th).
Mazhar Mohammed Jawad, deputy governor of the bank, said at a news conference that the project allows clients of any bank to access their money using a credit card at ATMs installed at markets, train stations, airports and other public places.
Jawad said government and private banks would bear the costs of implementing the project, as well as the cost for purchasing and installing the machines. The Central Bank of Iraq will oversee the project.
The project is due to be completed within six months.
[You must be registered and logged in to see this link.]
