RE: Out of Office: Individual AccountTuesday, September 7, 2010 1:43 PM
From: "Mohammad K. Issa"To: "'ROSE GALLAHER'"
The CBI has not provided official written notification to the banking sector and banks regarding the revalue or printing of new currency thus it is considered null and void by the Iraqi banking sector and this is the general law noting that we contacted the CBI regarding this matter where they did not provide anything official to comment on simply stating that this matter is under study and has been so for the past few years nothing more nothing less.
From our prospective we can not comment unless the CBI officially announces that the removing of the 3 zeros or revaluation will actually take place by providing the banking sector written documentation where this would be the standard general verification and confirmation currently practiced.
Regardless of a revalue the value of the IQD is in accordance to that set by the CBI this is the general law.
Please note that Warka Bank for Investment and Finance will be closed during our Islamic Festival Eid Holiday Thursday September 9th 2010 where we will open our doors of business Tuesday September 14th 2010 providing our very best services and products serving our esteemed clients the best.
Should you have any further questions or inquiries please take a moment to visit our website www.warka-bank.com news bulletin to view the latest notices and contact details of the related departments that will best handle your inquiries. We have several departments that will specifically handle each banking affair to your best interest by contacting them directly as they handle customer inquiries and transactions ensuring your comfort and satisfaction.
Best regards,
Mohammad K. Issa
Deputy Managing Director
Senior Executive
Warka Bank for Investment and Finance
From: "Mohammad K. Issa"
The CBI has not provided official written notification to the banking sector and banks regarding the revalue or printing of new currency thus it is considered null and void by the Iraqi banking sector and this is the general law noting that we contacted the CBI regarding this matter where they did not provide anything official to comment on simply stating that this matter is under study and has been so for the past few years nothing more nothing less.
From our prospective we can not comment unless the CBI officially announces that the removing of the 3 zeros or revaluation will actually take place by providing the banking sector written documentation where this would be the standard general verification and confirmation currently practiced.
Regardless of a revalue the value of the IQD is in accordance to that set by the CBI this is the general law.
Please note that Warka Bank for Investment and Finance will be closed during our Islamic Festival Eid Holiday Thursday September 9th 2010 where we will open our doors of business Tuesday September 14th 2010 providing our very best services and products serving our esteemed clients the best.
Should you have any further questions or inquiries please take a moment to visit our website www.warka-bank.com news bulletin to view the latest notices and contact details of the related departments that will best handle your inquiries. We have several departments that will specifically handle each banking affair to your best interest by contacting them directly as they handle customer inquiries and transactions ensuring your comfort and satisfaction.
Best regards,
Mohammad K. Issa
Deputy Managing Director
Senior Executive
Warka Bank for Investment and Finance