(The bank‘s commitment to provide financial credit information)
The Bank‘s commitment to provide financial credit information of modern banking services because of the importance of this information to help the student information to make good decision , whether related to trade , for example , investment or other .
Since the banks combine to have a lot of information for customers and third parties dealing with them, and that this information today are associated with different aspects of life and represent a pillar of human activity economic , social and allows machine decision- making in all areas almost.
Adding that such information constitutes a raw material to the bank like any owes another , this information enables it to learn the fate of the money taken believe it and in the end, his income private and therefore continuity.
And the bank‘s commitment to provide information of financial credit may have originated the contract signed by student information and the bank , in which case the source of this commitment is the source contractual direct , has committed the bank to provide such information as a result of its commitment to hold another bank as a contract loan holding bank account , for example ,here is the source this is the source of contractual obligation accessory.
The bank is obliged to provide financial credit information as a result of existence of legal texts require it to provide that information , and this is what is stated in article (51) of the banking act of the new Iraqi no.(94) for the year 2004 .here , the source of the obligation is the law.
And the bank‘s commitment to provide financial credit information represents an exception to the general rule requiring non access to customer accounts .
This exception is increasing as a result give the laws and regulations of certain regulatory bodies eligibility in principle in the poll on the secrets of individuals .
This service is like any other banking service carried out by the bank, whether for a private sector or the public sector , has been provided by the bank for specific commission or provided free of charge to attract customers.
Perhaps the biggest advantages of this service is the possibility of its contribution to ensure the health of the path of the banking system in a direct function as a distributor of credit in addition to its responsibility to support confidence in the handling and clearance of economic activity in general and trade in particular images of abuse suffered by credit market severely damaged , and as such ,the provision of information financial credit best interest of the credit and the overall economy.
So we divided this letter into three chapters :-
Chapter one: focus on the concept of the bank’s commitment to provide financial credit information , and is divided into study first , specialialized definition of the obligation to make financial credit information .study of the second respect the terms of the obligation to provide financial credit information .study of the third deals with the principle of non- interference in the affairs of the client.
Chapter two: focus on the sources of the bank’s commitment to provide financial credit information .and is divided into study of the first contractual regard to the source of the bank’s commitment to provide financial credit information .and to the study of the second specialized legal source for the bank’s commitment to provide financial credit information.
Chapter three :focus on the provisions of the bank’s responsibility to provide financial credit information .and is divided into study of the first specialized types the bank’s responsibility to provide financial credit information .and to study the second respect to the elements of the responsibility of the bank to provide financial credit information and modify .
Conclusion: as it includes all of the conclusions we reached in addition to the most important proposals and recommendations which we found it is necessary to ask.