Monday August 30, 2010
Exemption trader who wants to transfer 100 thousand dollars or more of the submission of documents
Central Bank confirmed it was monitoring the movement of funds and the safety of employment within the country
بغداد – وفاء عامر BAGHDAD - Wafaa Amer
Iraqi Central Bank has decided to exempt a trader who wishes to transfer 100 thousand dollars more to the outside to bring the appropriate documents, while stressing continue to monitor the flow of funds and the safety of employment within the country.
The central bank adviser said the appearance of Mohammed Saleh in a statement »Sabah» that the bank is watching with interest and in coordination with the concerned authorities the flow of funds and the safety of economic and commercial transactions and make sure Tozviha in the areas of commercial, economic, investment and refer suspicious of the judicial and security organs to take action on them, pointing out This regulation and supervision to the flow of money is dealt with in a manner not restricted to the trader or the owner of capital.
He explained that the bank recently decided to exempt a trader and investor who wishes to transfer 100 thousand dollars and above out of the country to submit papers, documents and transactions that may take a long time but it only obtaining approvals fundamentalism through the corporate identity in order to achieve the principles of economic freedom and the opportunity for the dealer in the transfer of funds, considering that this step a role in stimulating trade and economic in the country and increase the turnout traders on the exercise of extensive activities in each place.
Alsabah
