CBI:Iraq Retail Payment Systems Infrastructure

http://www.cbi.iq/documents/Announcement%20of%20a%20tender%20EN.pdf



Iraq Retail Payment Systems Infrastructure
5/12/2011

Iraq National Retail Payment Systems Infrastructure
The Central Bank of Iraq (CBI) wishes to implement a national Retail Payment Systems Infrastructure
including a National EFTPOS / ATM Switch and an Iraq Interoperable Mobile Payment System. CBI
intends to commence implementation of the national Retail Payment Systems Infrastructure (RPSI)
through a bidding exercise which will lead to the winning Bidder being granted a License to Build and
Operate the RPSI on a vendor‐financed basis.
The RPSI will be tendered as a single integrated solution including:
(a) Overall integration of the RPSI systems;
(B) Software and infrastructure for the Iraq Interoperable Mobile Payment System;
© Software and infrastructure for the National EFTPOS / ATM Switch;
(d) Integration with the Iraq Payment System (IPS) clearing and settlement facilities consisting of the
Check‐enabled Automated Clearing House (CACH), the Real‐time Gross Settlement System (RTGS) and
the Central Securities Depository;
(e) Integration with the Participant Banks, Mobile Network Operators (MNO) and the existing
EFTPOS/ATM Switching and Mobile Financial Services Systems (including but not limited to existing Bank
Front End Processors (FEPs), the AMWAL System and the QI System (International Smart Card Company).
Goods to be provided under the RPSI will include very high availability hardware and equipment
including Disaster Recovery equipment. Software to be procured will include all components required to
deliver the systems listed above and to integrate with RPSI Participant Banks, Mobile Network Operators
(MNO) and identity databases as and when such systems emerge. Existing communications services such
as the Iraq Inter‐Bank Network (IIBN) will be used for inter‐institution communications. Funding and
services will be required for project management, consultancy, installation, integration, customization,
testing, commissioning, documentation and training.
Qualification of vendors will be conducted through procedures as specified in the Instructions for
Government Contract Execution no 1 (2008). Participation is open to all invited Bidders as defined in the
Request for Proposal. As it is expected that no one company is likely to be able to offer all the software
and services to be provided, it is expected that groups of the invited companies will form bidding
consortia. Eligibility of consortia will be assessed mainly on the basis of experience in the domain areas
(Shared interoperable EFTPOS / ATM Switching and Mobile Financial Services) and demonstrable
software in these domain areas and the proven ability to run operational services.
The official E‐mail address for this project is: ‐ irpsi@cbi.iq
Down below is the time table of the project:‐

Tender Stage Due Date
Bidders’ Conference 19 November 2011
Statement of Interest submitted for prequalification 11 December 2011
Invitation to tender sent to qualified Bidders 22 December 2011
Deadline for submission of questions 17 January 2012
Delivery of responses to questions 24 January 2012
Technical Proposals submitted 12 February 2012
Technical Proposals opened 13 February 2012
Initial Evaluation Completed 12 March 2012
Solution demonstrations and site visits completed 29 March 2012
Business Proposals delivered 5 April 2012
Business Proposals opened 8 April 2012
Award announced 23 April 2012

gente wrote:Economist: remove Iraq from Chapter VII of movement will activate the banking and economic development


Called economic expert Qasim Khazraji the Iraqi government to the need to move towards international economic forces to work to remove Iraq from Chapter VII of the large raised by the development of the local economy.


Khazraji said to the reporter (agency news) on Saturday: the limitations of Section VII with a lot of negative aspects of the Iraqi economy and development, noting: they limit the financial transactions between banks in Iraq, whether governmental or private and international banks.


The CHIEF OF STAFF: The seventh item on the volume of treated Iraqi banks at home exclusively, indicating: that the local private sector, he can not import technologies and equipment developed through local banks, because they can not open the funds in international banks, he said, is that most of the banks states Jawaralohlih them and with the financial means Ltd. can deal with large global Bock, at the time you find our financial sector Baidaan global counterpart.


The seventh item, mark all the international banks that they had no deal with the financial sector of Iraq, and thus entered the field of domestic banks spiral international isolation.



Now isn't this interesting. There is absolutely nothing in any of the UN documents that I have read that would limit interbanking financial transactions. What has hindered the Iraq banking community is that they have had to come from the dark ages into the modern era in a matter of a few years. The IMF and World Bank have dumped millions of dollars into Iraq to develop their bank systems. I don't see that any of that has been limited by Chapter VII. Matter of fact, the only legal limitation is coming from the IMF, as Iraq is still under Article XIV regarding currency movement. Maybe if there money had more value, that would help solve the problem, you think?



The above was a previous post. Guess Chapter VII is not an issue after all

Dang Wind.....kinda ticked I didn't catch that before (or anyone else for that matter)....lol, good catch!!!!