Iraq Automated Clearing House

Iraq's Automated Clearing House handles electronic interbank credit transfers and cheque clearing under the Central Bank of Iraq. It groups retail obligations into net positions, which pass to RTGS for final settlement, connecting customer-payment processing with central-bank money.

Iraq Automated Clearing House

Iraq's Automated Clearing House handles electronic interbank credit transfers and cheque clearing under the Central Bank of Iraq. It groups retail obligations into net positions, which pass to RTGS for final settlement, connecting customer-payment processing with central-bank money.