Jordanian c b approval needed over Iraqi funds

Jordan's central bank has told banks to secure its authorisation before allowing the withdrawal of funds from Iraqi accounts. The governor of the central bank of Jordan said the measures would help guarantee the security of the banking sector in Jordan.

Source: AFP

The Central Bank of Jordan has instructed banks nationwide to seek its approval before allowing the withdrawal of funds from Iraqi accounts to prevent any illegal transactions, the press reported Friday.

"The Central Bank has taken me