Blondie: CJ What is IBAN? Haven’t we been through enough of the Nos., already? You know SWIFT codes, BASEL 2,3,4,5, 6,7? You know, that kind of thing? Someone else help me out here. Now we need an IBAN no?
CJoseph: A SWIFT code is used to identify a specific bank during international transaction, whereas IBAN is used to identify an individual account involved in the international transaction. Both play an essential role in ensuring the smooth running of the international transactions
An IBAN is an international bank account number. It is a string of up to 34 alphanumeric characters that carries a country code, check digits, bank identifier and basic bank account number specifying an individual account….. It is sortt of like a URL for a website
Swift Codes would be used if a bank wanted to send another bank money
Evenstar: I. International B. Bank A. Account N. Number.
Blondie, Frank talked about it the last couple CCs and The iraq banks needed to be connected to the IBAN system to interact with swift and the rest of the world…He and Delta said its a big deal.
Lazlo: IBAN and SWIFT is a unique identifier for banking transaction. With it all transaction can be monitored and fallowed. Simple is that.
BeagleEyes: Also, it is my understanding that by having IBAN the CBI is no longer involved in the auctions. IBAN allows the smaller banks to do it directly
Lazlo: Iraq reciving a IBAN # is a big deal. It is pointing to the FACT that all of Iraq banks and banking system IS electronically connected to the international banking system…. All transaction in and out of Iraq now gan be monitored and tracked.
Lazlo: Iraq banks SWIFT codes http://bank-code.net/country/IRAQ-%28IQ%29/15
CJoseph: Society for Worldwide Interbank Financial Telecommunications – SWIFT
KSL: This is an excellent video..a must watch…..as a new millionaire/billionaire this man (5hr shot) says it all. 43 min video.
Youtube “BillioninChange” https://youtu.be/YY7f1t9y9a0
Paris Peace Conference: Read Full Concluding Statement
Read Full Concluding Statement of Paris Peace Conference
The full statement was agreed on unanimously following intense negotiations and is considered less harsh than was initially expected.
Haaretz Jan 15, 2017 8:53 PM
Read the full concluding statement from the Paris peace conference, which ended Sunday evening. The statement was agreed on unanimously following intense negotiations and is considered less harsh than a draft leaked to Haaretz last week.
MIDDLE EAST PEACE CONFERENCE JOINT DECLARATION
I) Following the Ministerial meeting held in Paris on 3 June 2016, the Participants met in Paris on 15 January 2017 to reaffirm their support for a just, lasting and comprehensive resolution of the Israeli-Palestinian conflict. They reaffirmed that a negotiated solution with two states, Israel and Palestine, living side by side in peace and security, is the only way to achieve enduring peace.
They emphasized the importance for the parties to restate their commitment to this solution, to take urgent steps in order to reverse the current negative trends on the ground, including continued acts of violence and ongoing settlement activity, and to start meaningful direct negotiations.
They reiterated that a negotiated two-state solution should meet the legitimate aspirations of both sides, including the Palestinians’ right to statehood and sovereignty, fully end the occupation that began in 1967, satisfy Israel’s security needs and resolve all permanent status issues on the basis of United Nations Security Council resolutions 242 (1967) and 338 (1973), and also recalled relevant Security Council resolutions.
They welcomed international efforts to advance Middle East peace, including the adoption of United Nations Security Council resolution 2334 on 23 December 2016 which clearly condemned settlement activity, incitement and all acts of violence and terror, and called on both sides to take steps to advance the two-state solution on the ground ; the recommendations of the Quartet on 1 July 2016 ; and the United States Secretary of State’s principles on the two-state solution on 28 December 2016.
They noted the importance of addressing the dire humanitarian and security situation in the Gaza Strip and called for swift steps to improve the situation. They emphasized the importance for Israelis and Palestinians to comply with international law, including international humanitarian law and human rights law.
II) The Participants highlighted the potential for security, stability and prosperity for both parties that could result from a peace agreement. They expressed their readiness to exert necessary efforts toward the achievement of the two-state solution and to contribute substantially to arrangements for ensuring the sustainability of a negotiated peace agreement, in particular in the areas of political and economic incentives, the consolidation of Palestinian state capacities, and civil society dialogue.
Those could include, inter alia: – a European special privileged partnership; other political and economic incentives and increased private sector involvement; support to further efforts by the parties to improve economic cooperation; continued financial support to the Palestinian authority in building the infrastructure for a viable Palestinian economy ; – supporting and strengthening Palestinian steps to exercise their responsibilities of statehood through consolidating their institutions and institutional capacities, including for service delivery ;
III) Looking ahead, the Participants:
– call upon both sides to officially restate their commitment to the two-state solution, thus disassociating themselves from voices that reject this solution;
– call on each side to independently demonstrate, through policies and actions, a genuine commitment to the two-state solution and refrain from unilateral steps that prejudge the outcome of negotiations on final status issues, including, inter alia, on Jerusalem, borders, security, refugees and which they will not recognize;
– welcome the prospect of closer cooperation between the Quartet and Arab League members and other relevant actors to further the objectives of this Declaration.
France will inform the parties about the international community’s collective support and concrete contribution to the two-State solution contained in this joint declaration.