Home
a little long but worth the read very good
The launch of the introduction of electronic clearing instruments magnetic
Topic has been read 123 times
16/01/2012
After the central bank set the beginning of 2012 to implement
Baghdad's Yasir incumbent - Hussein al-Tamimi Tgb
Embarked on Iraqi private banks launched the use of clearing system website, which passed by the Central Bank of Iraq and stay with her implemented by early 2012 after that succeeded in overcoming all the mistakes possible. This was announced by the (morning) The Executive Director of the banks, the Iraqi Special Abdul Azizi Goldfinch, he ended the Iraqi banks of the classification and operation of the system the new banking and private application of electronic clearing a developed system will re-work the new magnetic instruments and would contribute to raising the performance and efficiency of the banking sector.
He added that the 25 banks of 32 completed the linking system between its branches in all governorates and the Kurdistan region, which confirms the entry of private banks, a new phase after the adopted regulations banking sophisticated, relying on the means of communication developed by connecting the head office to branches of banks directly, as well as linking it to the network bank founded by the Iraqi Central Bank to exchange Altadiat between banks for customers, and most importantly the direct application of clearing system instruments, electronic, where you can collect the amounts of instruments drawn on other banks deposited by the customer in the bank, which deals with him, for the collection of amounts electronically and within 24 hours .
He noted that the application of this system in Iraq for the first time is necessary for the purpose of return to deal in the market to use the instruments instead of Altadiat cash between customers, pointing out that the central bank oversees the administration of work safety in the project, and there are aspects of the escort in new services poses as by banking sophisticated as it is available in the countries of the developed world bank, where the use of new instruments with a ribbon magnetically, recorded by reliable information to the health of the instrument, in addition to the means of other security, can not for the fake of penetration, confirming that the electronic clearing system would avoid trading dealers for instruments and fake, where The issuance of instruments certified traditional way stop and make up a new instrument magnetized to order any other party specified by the customer, praising the efforts of Payments Section of the Central Bank of Iraq, who work to provide facilities for the adoption of the clearing system in the private banks, adding to the failure of this system in the branches of government banks, but the good continuous involvement of all government banks in this project, as it was written by a committee of representatives from the Ministries of Finance and Communications and the Central Bank of Iraq, and the company's global smart card, for the purpose of the involvement of government banks in the system during the (6) months to come, indicating the possibility of the involvement of banks gradually five banks at one of the post, after he is coordinating with the smart card to secure the global aspect of the communications network to link the branches of government banks that participate in the network belonging to the company.
Goldfinch continued by saying: there is also a development project payments retail, which is circulated cards Alaúntman and Banking Mobile through the use of divided national, founded by the central bank and enters the field of service during one year and will enable the campaign credit card deal card with any bank wants without the issuance of the card includes the payment through the use of mobile.
As said Abdel Hadi Sadiq managing director of the National Bank of Iraq: The work in this field, the project has achieved a quantum leap in the banking products offered by the Iraqi private banks, where the gain of this system confidence and conviction, working banks for the use of instruments in the performance of receivables, which is the collection of the instrument during the one day and this is a great development contributes to the growth of banking business.
As Ziad Hashim Abbas, Managing Director of the Bank United Investment said that most private banks have worked to buy the banking systems Kurbank system, most modern systems, to meet the Help Central Bank of Iraq to include ach and rtgs, clearing, electronic, and other things provided by the private banks by the government banks, and this evidence of competition for the development of banking services offered to customers.
He added that the current phase has seen the adoption of electronic clearing system, which is one of the elements of the payments system of Iraq, where the adoption of this system in most of the private banks, between branches and departments of public, pointing out that the obstacles faced by this system is not possible to apply these regulations in the government banks for administrative reasons Auffineh due of those banks, note that the majority of the instruments that supplied to the clearing house is received from the state banks, which face the disabled in the implementation of this system, but in our banks of the system is enabled with all our branches and private banks, the other, pointing to issue instructions is through a committee of the Bank Central and payments system owned and private banks, which put the basics of dealing with the electronic clearing system, which requires a lot of things technical in the forefront of possession of the bank to Kurbank system and the bank is ready to print instruments encoded according to international standards and with high technical specifications feasibility to ensure that no forgery. He pointed out that this system is the latest in the world, and Iraq is one of the few countries that adopted it, he holds several positives of the most important of the speed of obtaining the amounts and settlement of accounts in accordance with the system.
With The general manager of the Industrial Bank Mohammed Abdul Wahab that the adoption of electronic clearing system is an important step for the advancement of the banking business, and helps to stand at the assets' real banks in front of the Central Bank of Iraq and much easier in the mechanisms of transactions in the country, pointing out that it leads to the development of work bank in the country and due to the speed of business transactions, in addition to the degree of safety higher in the transfer of account from one person to the institution and vice versa, through the mechanisms of scrutiny secret in the banks and the Central Bank, where he was able scrutiny to show the imbalance in the currency, calling for the adoption of this technology in all Iraqi banks, without exception.
As said Hamza Alhellbon Managing Director of the Investment Bank, saying: clearing system of modern technology started most of the private banks and branches of adoption, because they benefit the banking sector in the hope that circulated to all banks, the Iraqi government and private and all its subsidiaries, noting there are the demand for clearing has become a major, to the extent we did not expect, and this came to the safety enjoyed by this system, and pointed to the great cooperation between all the banks to overcome any obstacles they may face the conduct of the electronic clearing.
Banking expert ruled Zarzis said that the configuration of the direct clearing of electronic requests stages of a multi-action and that is what the banks do, where he worked on the adoption of the measurements and the form of a model of the instrument magnetic, and preparing the No. instrument magnetized to the content of information, as well as direct printing of instruments in special printing have enough information about the project.
He was prepared equipment for instruments magnetic from the printer, instruments of the name and account number of each client and to create inks for, and buy Reader instruments magnetic all branches of the bank as well as the purchase of computers and link them via the Internet with the Central Bank of Iraq and with banks and branches are used to send images instruments to the branch or the bank calculated attic The calculator Branch to insert instruments and migrated to the electronic system and send images to the bank calculated it by the individual main Calculator Local for all the lists (Albajat) from branches Pfaal one and sent to the calculator central and pointed to the calculator Cental a private procuring approvals to send Vaalat clearing to the CBI as well as training a number of staff at the Central Bank of Iraq, and began to train our staff at the Center Modfa branches that have been coverage of electronic clearing system, or will in the future.
He noted that he was linked to the branches of Baghdad gradually clearing system and electronic Fanar branch in Basra and Hilla in the support system which is outside of Baghdad, said branches are linked to the northern region, and so the system will be gradually link all branches of the Iraq Alalknronah clearing system.
As Dr. Sadik-Shammari, said after we saw some of the paragraphs of the clearing, we found that the system can be participating banks and their branches from the exchange of payment orders among themselves in a manner the mechanism and the treatment is and send the net final settlement NSL to the settlement system overall utensils of the RTGS, as well as being through a system of exchange of instruments, electronic coded ink Almmngt are of conservation of a copy of the instrument's original in section deposited it and send photos of the instrument and its data through a system of branch Branch to the system ps in public administration and the system consists of three stations Branch and Local and Central and said the system will the division of labor or the division of instruments to the receiving bank and the date of the right and the type of currency and the type of conversion.
Economic expert sword Hilfi noted that the clearing system is an important aspect in the banking business, especially that the country is long overdue in adopting banking systems developed because of its distance from the world, especially we are with an open economy, and freedom of movement of money, but until today we are suffering a Guanyin Rdhikalah controls the national economy and prevent progress, and these laws are the Law of the Iraqi Trade Atjkm instruments and this does not serve the openness to the world.
He stressed the importance of a clearing system, where he was formerly the instruments that liberation must go to the Central Bank and there is a period of three days, continue to five days and that's where negative impacts on the local economy, and here highlight the importance of clearing electronic works to overcome all the problems of the instruments and ensure the rights of citizens , and stores the waiting period and do the instruments during the hours also helps to withdraw liquidity from the market and can bring the money to the kegs for the implementation of an investment service projects in various economic sectors, and thus highlights the importance of the electronic clearing in these times.
[You must be registered and logged in to see this link.]
The launch of the introduction of electronic clearing instruments magnetic
Topic has been read 123 times
16/01/2012
After the central bank set the beginning of 2012 to implement
Baghdad's Yasir incumbent - Hussein al-Tamimi Tgb
Embarked on Iraqi private banks launched the use of clearing system website, which passed by the Central Bank of Iraq and stay with her implemented by early 2012 after that succeeded in overcoming all the mistakes possible. This was announced by the (morning) The Executive Director of the banks, the Iraqi Special Abdul Azizi Goldfinch, he ended the Iraqi banks of the classification and operation of the system the new banking and private application of electronic clearing a developed system will re-work the new magnetic instruments and would contribute to raising the performance and efficiency of the banking sector.
He added that the 25 banks of 32 completed the linking system between its branches in all governorates and the Kurdistan region, which confirms the entry of private banks, a new phase after the adopted regulations banking sophisticated, relying on the means of communication developed by connecting the head office to branches of banks directly, as well as linking it to the network bank founded by the Iraqi Central Bank to exchange Altadiat between banks for customers, and most importantly the direct application of clearing system instruments, electronic, where you can collect the amounts of instruments drawn on other banks deposited by the customer in the bank, which deals with him, for the collection of amounts electronically and within 24 hours .
He noted that the application of this system in Iraq for the first time is necessary for the purpose of return to deal in the market to use the instruments instead of Altadiat cash between customers, pointing out that the central bank oversees the administration of work safety in the project, and there are aspects of the escort in new services poses as by banking sophisticated as it is available in the countries of the developed world bank, where the use of new instruments with a ribbon magnetically, recorded by reliable information to the health of the instrument, in addition to the means of other security, can not for the fake of penetration, confirming that the electronic clearing system would avoid trading dealers for instruments and fake, where The issuance of instruments certified traditional way stop and make up a new instrument magnetized to order any other party specified by the customer, praising the efforts of Payments Section of the Central Bank of Iraq, who work to provide facilities for the adoption of the clearing system in the private banks, adding to the failure of this system in the branches of government banks, but the good continuous involvement of all government banks in this project, as it was written by a committee of representatives from the Ministries of Finance and Communications and the Central Bank of Iraq, and the company's global smart card, for the purpose of the involvement of government banks in the system during the (6) months to come, indicating the possibility of the involvement of banks gradually five banks at one of the post, after he is coordinating with the smart card to secure the global aspect of the communications network to link the branches of government banks that participate in the network belonging to the company.
Goldfinch continued by saying: there is also a development project payments retail, which is circulated cards Alaúntman and Banking Mobile through the use of divided national, founded by the central bank and enters the field of service during one year and will enable the campaign credit card deal card with any bank wants without the issuance of the card includes the payment through the use of mobile.
As said Abdel Hadi Sadiq managing director of the National Bank of Iraq: The work in this field, the project has achieved a quantum leap in the banking products offered by the Iraqi private banks, where the gain of this system confidence and conviction, working banks for the use of instruments in the performance of receivables, which is the collection of the instrument during the one day and this is a great development contributes to the growth of banking business.
As Ziad Hashim Abbas, Managing Director of the Bank United Investment said that most private banks have worked to buy the banking systems Kurbank system, most modern systems, to meet the Help Central Bank of Iraq to include ach and rtgs, clearing, electronic, and other things provided by the private banks by the government banks, and this evidence of competition for the development of banking services offered to customers.
He added that the current phase has seen the adoption of electronic clearing system, which is one of the elements of the payments system of Iraq, where the adoption of this system in most of the private banks, between branches and departments of public, pointing out that the obstacles faced by this system is not possible to apply these regulations in the government banks for administrative reasons Auffineh due of those banks, note that the majority of the instruments that supplied to the clearing house is received from the state banks, which face the disabled in the implementation of this system, but in our banks of the system is enabled with all our branches and private banks, the other, pointing to issue instructions is through a committee of the Bank Central and payments system owned and private banks, which put the basics of dealing with the electronic clearing system, which requires a lot of things technical in the forefront of possession of the bank to Kurbank system and the bank is ready to print instruments encoded according to international standards and with high technical specifications feasibility to ensure that no forgery. He pointed out that this system is the latest in the world, and Iraq is one of the few countries that adopted it, he holds several positives of the most important of the speed of obtaining the amounts and settlement of accounts in accordance with the system.
With The general manager of the Industrial Bank Mohammed Abdul Wahab that the adoption of electronic clearing system is an important step for the advancement of the banking business, and helps to stand at the assets' real banks in front of the Central Bank of Iraq and much easier in the mechanisms of transactions in the country, pointing out that it leads to the development of work bank in the country and due to the speed of business transactions, in addition to the degree of safety higher in the transfer of account from one person to the institution and vice versa, through the mechanisms of scrutiny secret in the banks and the Central Bank, where he was able scrutiny to show the imbalance in the currency, calling for the adoption of this technology in all Iraqi banks, without exception.
As said Hamza Alhellbon Managing Director of the Investment Bank, saying: clearing system of modern technology started most of the private banks and branches of adoption, because they benefit the banking sector in the hope that circulated to all banks, the Iraqi government and private and all its subsidiaries, noting there are the demand for clearing has become a major, to the extent we did not expect, and this came to the safety enjoyed by this system, and pointed to the great cooperation between all the banks to overcome any obstacles they may face the conduct of the electronic clearing.
Banking expert ruled Zarzis said that the configuration of the direct clearing of electronic requests stages of a multi-action and that is what the banks do, where he worked on the adoption of the measurements and the form of a model of the instrument magnetic, and preparing the No. instrument magnetized to the content of information, as well as direct printing of instruments in special printing have enough information about the project.
He was prepared equipment for instruments magnetic from the printer, instruments of the name and account number of each client and to create inks for, and buy Reader instruments magnetic all branches of the bank as well as the purchase of computers and link them via the Internet with the Central Bank of Iraq and with banks and branches are used to send images instruments to the branch or the bank calculated attic The calculator Branch to insert instruments and migrated to the electronic system and send images to the bank calculated it by the individual main Calculator Local for all the lists (Albajat) from branches Pfaal one and sent to the calculator central and pointed to the calculator Cental a private procuring approvals to send Vaalat clearing to the CBI as well as training a number of staff at the Central Bank of Iraq, and began to train our staff at the Center Modfa branches that have been coverage of electronic clearing system, or will in the future.
He noted that he was linked to the branches of Baghdad gradually clearing system and electronic Fanar branch in Basra and Hilla in the support system which is outside of Baghdad, said branches are linked to the northern region, and so the system will be gradually link all branches of the Iraq Alalknronah clearing system.
As Dr. Sadik-Shammari, said after we saw some of the paragraphs of the clearing, we found that the system can be participating banks and their branches from the exchange of payment orders among themselves in a manner the mechanism and the treatment is and send the net final settlement NSL to the settlement system overall utensils of the RTGS, as well as being through a system of exchange of instruments, electronic coded ink Almmngt are of conservation of a copy of the instrument's original in section deposited it and send photos of the instrument and its data through a system of branch Branch to the system ps in public administration and the system consists of three stations Branch and Local and Central and said the system will the division of labor or the division of instruments to the receiving bank and the date of the right and the type of currency and the type of conversion.
Economic expert sword Hilfi noted that the clearing system is an important aspect in the banking business, especially that the country is long overdue in adopting banking systems developed because of its distance from the world, especially we are with an open economy, and freedom of movement of money, but until today we are suffering a Guanyin Rdhikalah controls the national economy and prevent progress, and these laws are the Law of the Iraqi Trade Atjkm instruments and this does not serve the openness to the world.
He stressed the importance of a clearing system, where he was formerly the instruments that liberation must go to the Central Bank and there is a period of three days, continue to five days and that's where negative impacts on the local economy, and here highlight the importance of clearing electronic works to overcome all the problems of the instruments and ensure the rights of citizens , and stores the waiting period and do the instruments during the hours also helps to withdraw liquidity from the market and can bring the money to the kegs for the implementation of an investment service projects in various economic sectors, and thus highlights the importance of the electronic clearing in these times.
[You must be registered and logged in to see this link.]
