Sager: Swift Codes For Iraq. I believe this is new, but would need confirmation:
Zeke : Greetings .......... whats shaken !!!!
No "Passive" code on any bank in Iraq. A passive code indicates manual transaction. Do not know if that is good or bad. Maybe Nova could help out on this.
SWIFT Code or BIC code are part of ISO 9362 standards. It is a standard format of Business Identifier Codes (“BIC”). BIC sometimes also refers to “Bank Identifier Code”SWIFT Code or BIC Code is a unique code to identify financial and non-financial institutions.
These codes are mostly used when transferring money between banks, especially for international wire transfers or telegraphic transfer (“TT”). The codes are also used in exchanging messages between banks.
The code consists of 8 or 11 characters. If only eight characters code is given, it is assumed that it refers to the primary office. The characters are made up of,
•First 4 letters :- bank or institution code
•Next 2 letters :- ISO 3166-1 alpha-2 country code
•Next 2 letters or digits :- location code ◦if the second character is “0″, then it is typically a test code instead of the code used on the live network.
◦if the second character is “1″, then it indicates a passive participant in the SWIFT network. The code used for manual transaction.
◦if the second character is “2″, then it indicates a reverse billing code. It means that, the recipient pays for the message instead of usual mode whereby the sender pays for the message.
•3 letters or digits :- branch code, optional (‘XXX’ for primary office)
Sager » April 10th, 2014, IMO, I take this as EXCELLENT news (not being passive is very telling imo
Zeke: Sager .......... I totally agree !!!! If no manual transaction(s), on any bank, would that not indicate "Electronic" Transaction(s) ???
If that be the case .......... wouldn't it stand to reason that an "International Status" is viable NOW ????
NOVA » April 10th, 2014,
It's Both Good & Bad..The Swift Codes Have Been In Place For A Few Years.
But You Have Been Unable To Use The Codes With The IQD
It Does Look Like They Have Been Updated A Little, So This Might Speak To The IQD Going International Quite Soon.
BAD Because We All Want To Know The Date!!!!!!
MILLIONDAY & SWIFT CODES FOR IRAQ
Posted by EXOGEN on April 10, 2014 at 11:42am
MILLIONDAY AND SWIFT CODES
Newshound Guru Millionday SWIFT code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. the news of Iraq developing or at least the (BIC) working on their codes came out a little while ago...they announced that they were working on it as they began the banking reform.
[didnt Western Union set up shop last year?] they began with a meeting and showed up to get it rolling but -- they have been able to transfer limited and not from back and forth internationally etc -- not all services due to not having internationally recognized currency. the code of Iraq [is now] given and listed as operational. so this means that the western union service is done and ready in Iraq.
jdtolle » April 10th, 2014, Feel the connection
Feel your connection to others. Feel your connection to all of life, and to all that is.
Focus your awareness in a place where there is no conflict. Live at a place of acceptance and peaceful power.
Realize that you can do no harm to others without doing harm to yourself. Realize that the goodness you give is the goodness you experience.
Understand that your negative thoughts actually do create negative reality. See that your love does indeed make the world a better place.
Choose to live from a higher perspective, at a higher level of energy than the problems. Rise above the meaningless distractions and invest your time and effort in what truly matters.
Live each moment with the simple yet powerful idea that there is goodness and value to be found everywhere. Feel your connection with life’s goodness, and let it grow ever more abundant through your presence.
— Ralph Marston Wishing All a Safe and Blessed day
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