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CBI issues new instructions to all banks regarding remittances

December 20, 2020
CBI issues new instructions to all banks regarding remittances



The Central Bank of Iraq invites all licensed banks to work according the new instructions for financial remittances operations in foreign currency. (work is suspended) with the content of paragraphs (4,3,2) of the instructions below. The amounts of remittances received in US dollars are delivered to the customer bank accounts in the same currency.