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Comment on CBI launches Inter-Wallet Money Transfers by Tom Lowery
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Comments for Iraq Business News
The Central Bank of Iraq (CBI) has announced the launch of inter-wallet money transfer services, enabling individuals and businesses to conduct financial transactions with greater speed and flexibility.
The new services include:Inter-wallet transfers between verified permanent wallets across different service providers.
Inter-wallet transfers from verified permanent wallets to merchant wallets across providers during purchase transactions.
The CBI said this development marks a qualitative step in enhancing financial inclusion, supporting digital transformation, facilitating the movement of funds, and strengthening the business sector through wider adoption of financial technologies in Iraq.
(Source: CBI)
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