Jay: WOWOWOWOWOWOWOWOW….5 IBAN articles. This is freakin YUUUUUUUGGGGGGE…
I. International
B. Bank
A. Account
N. Number.
How are you using these with a P.R. (program rate) Iraq???
JamJam1280: International Bank Account Number
The International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription errors.
It was originally adopted by the European Committee for Banking Standards (ECBS), and later as an international standard under ISO 13616:1997.
The current standard is ISO 13616:2007, which indicates SWIFT as the formal registrar. Initially developed to facilitate payments within the European Union, it has been implemented by most European countries and numerous countries in the other parts of the world, mainly in the Middle East and in the Caribbean.
As of February 2016, 69 countries were using the IBAN numbering system.[1]
The IBAN consists of up to 34 alphanumeric characters comprising: a country code; two check digits; and a number that includes the domestic bank account number, branch identifier, and potential routing information.
The check digits enable a sanity check of the bank account number to confirm its integrity before submitting a transaction.
A typical British bank statement header (from a fictitious bank), showing the location of the account’s IBAN.
https://en.m.wikipedia.org/wiki/International_Bank_Account_Number
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Jay: Niceee nice .LOL Then consider this…
CBI Indicative rates have (((<<<NOT>>>))) updated since 1/4/17
Are they (CBI) hiding/holding the new rate…???
Today,,, they’ve been using IBAN since 1/2/17..REALLY!?!?!?!?!?!
JamJam1280: Hmmmm..The newest announcement from the 8th. the date at bottom left of file is written in for the 4th in pencil?…
And Abadi says surprises are coming soom…A few days……
To / licensed banks and financial companies all conversion ( uncles )
http://www.cbi.iq/?pid=Home&lang=ar
Jay: IS IT POSSIBLE THAT THESE IBAN ARTICLES ARE A PRECURSER
TO THESE (((<<<… SURPRISES … >>> )))…?!?!?!?!?
In the last Major General Fadel Barwari added that “We have big surprises we will announce in the next few days, and this happy surprises for all Iraqis, and especially to the people of Mosul
http://rudaw.net/arabic/middle…../080120173
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MilitiaMan: Starting to come in like a storm now. Nothing denying we are not on track for 2017. Delta showed us IBAN awhile ago. Another positive detail the net over looks. Our teams are good and they prove time and again. Our conference calls say they are international. Now they say it too!! Lol
FaithPrevails: Can’t be International at programmed rate thus Delta said it was good to Frank to wait. How are they using IBAN with programmed rate is my question?
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MilitiaMan: Well we haven’t seen the budget yet, and there is a line of thought that post the 18th of December that the 15 day window to get it into law was ticking and that time appears to have been or was used out to the 2nd of January to hide it. Then we saw the administrative hold placed on it as well. We have not seen it in the Gazzette yet.
Lets not forget at the time Abadi came out and asked for the Commanders to be quiet on Mosul Dr. Massam Mahoulle told us that the value of the Dinar was $3.32 to the Dollar and it came from a reputable source out of Egypt. Then another 72 hour period was asked for, which put us into the 6th, a Friday and now we see this about IBAN on Monday.
I am not so sure they aren’t using an international rate, they just may be able to hide it through that administrative hold used by Masoum and Abadi. Using the Supreme Court appears to have been a brilliant way of keeping a lid on things.
How long that time line is for the hold seems to be a tight lipped time line.. lol Though they tell us a mathematical figure is being used.
“Iraqi Central Bank announced on Monday, the adoption of the international mathematical figure of the ‘IBAN’ starting from the second of January of 2017 in all local and foreign remittances.”
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Upstart: How about maybe they’re not on a programme rate now, but simply ‘on a rate’ as they’ve reinstated the currency.
IBAN numbers went onto bank accounts in the autumn, they were apparently released from currency restrictions on 17th of December (CitiBank) and the IBAN system is declared operative in Iraq by the CBI as of 2nd of January.
So, now we await the revaluation.
