Finance Committee Member: Application System (Electronic Clearing House) Would Speed Up the Work of Banks
|June 19, 2012||Filled under Iraq Daily News|
Baghdad (newsletter) … He is a member of the Finance Committee/National Alliance Deputy Abdel Hussein Al-yasseri, syndrome need system (electronic clearing house) in all Iraqi banks for development and advancement of their realities.
He said Al-yasseri (News Agency news) Monday: that most Iraqi banks, both public and lack modern electronic systems used in all world banks that facilitate banking and done over a period of time less.
And: many global banks use electronic clearing system, the so-called cloud email, is a modern banking system facilitates external transfers of funds as well as completed transactions of mathematical instruments as soon as possible.
Noted: banking in Iraq delayed both external conversion or personal account due to the lack of sophisticated electronic mechanisms operated by banks.
He said that the Central Bank is not responsible for developing the work of banks, but banks must move to develop their work, pointing out that the work of the central mechanisms and controls work of banks.
The Central Bank decided to cover (32) Government and communal sink by applying electronic clearing within a project development banking, and electronic clearing system based on intelligent instruments allow subscriber to learn more from a bank account and also appears in the Central Bank, began in Iraq in November last year, which included six banks in implementing banking as electronic clearing system.
It is worth mentioning that the devices used in the electronic clearing system is a terminal consisting of a computer and scanner are connected with the banking network and central databases as well as linking of bank branches to chair and linking service centre to reduce the presidencies of cost and ease of system administration and technical support and complete the basic functions of banks.
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