Al-Rafidain: foreign trade financing and letters of credit at the official dollar rate

On Tuesday, Al-Rafidain Bank made an announcement regarding the simplification of procedures for issuing documentary credits and conducting external bank transfers for customers of merchants and commercial companies. This initiative is aimed at facilitating foreign trade financing through the use of an electronic platform. The official price for commercial transfers is set at 1,320 dinars […]

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from Dinar Opinions https://dinaropinions.com/al-rafidain-foreign-trade-financing-and-letters-of-credit-at-the-official-dollar-rate/

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