The central bank allows direct transfer of funds between electronic cards


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Economy News – Baghdad

Today, Wednesday, the Central Bank of Iraq announced the availability of direct transfer of funds between electronic cards.

The Central Bank said in a press statement, received by “Al-Eqtisad News”, “In an effort to implement its strategy of shifting towards electronic payment, the Central Bank of Iraq confirms the adoption of electronic card-issuing banks and electronic payment service providers” financial transfers between electronic cards (from one card to another) on That the one-time transfer ceiling does not exceed (400) thousand dinars or its equivalent in US dollars, while the limits of the amounts transferred during one month will reach (2) million dinars or its equivalent in US dollars . ”

https://economy-news.net/content.php?id=22438

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