Issuing and Vaults Directorate shall perform the following main tasks:

• Forecast and meet the needs of the Iraqi currency and foreign currencies.
• Execution of issuing Iraqi currency (paper and metal) after completion of the contract, including the selection of printing companies, and the operations ofshipping and delivery to the stores.
• Using contemporary methods in managing currency stores, and achieving balance, in terms of fixed and variable costs, between the demand for currencyin large quantities or in smaller quantities.
• Implementing the Fund's operations in terms of receive, payment, documentation, exchange of foreign currency notes, replacement of damaged currency, matching of fortified rooms and funds.
• Implement currency counting and sorting transactions, and determine the canceling currency, using medium machines, and comprehensive machines, while working on the sustainability and maintenance of technical devices.
• Implement the storage of Iraqi currency and foreign currencies, gold, and secretariats, as well as combating fraud and counterfeit.
• Ensure the follow-up of banks, and the matching of counting and sorting, and conduct the inspection and monitoring scheduled, sudden, and random.
• Implementing the accounting restrictions for the issuing accounts, treasury accounts and reporting the results to the accounting directorate.

Below is a brief summary of the functions of each department and section of this directorate:

♦ Part One: Assistant General Manager of Operations

 

First. Fund Department:

A. Section of receive and payment.

B. Section of documentation and exchange of foreign exchange movements of the dollar.

C. Section of currency exchange damaged

D. Section of matching fortified rooms and boxes

 

Second. Department of counting and sorting:

A. Section of the cancelled

B. Section of Intermediate Machinery

C. Section of Comprehensive Machinery

D. Section of Technical Equipment Maintenance

E. Section of Inspection and Control

 

Third. Department of vaults:

A. Section of the vaults of the Iraqi currency

B. Section of Security, Gold and Foreign Currency

C. Section of Anti - fraud and Counterfeit.

 

Fourthly. Banking and Compliance Department:

A. Section of Banking Follow-up

B. Section of matching Counting and Sorting

 

♦ Part II: Assistant General Manager for Forecasting, Issuing and Accounts

 

First. Department of Forecasting and Inventory Management:

A. Section of forecasting the size and categories of Iraqi and foreign currency

B. Section of Inventory Management Techniques

 

Second. Issuing department:

A. Section of Issuance and Vaults Operations

B. Section of Periodic Reports of Issuance and vaults

 

Third. Department of Issuance and vaults Accounts:

A. Section of Issue Accounts

B. Section of Treasury Accounts

 

Fourth: Administrative and Financial Department:

A. Section of Human Resources and Follow-up

B. Section of mail

C. Section of Printing

D. Section of Archive

 

Fifth. General Manager's office