Algeria News & Events, Latest News for Algeria

Update: Monday, 14 April 2008    

Algérie Post adopting a new system to overcome technical problems

Owing to Algérie Post negligence in terms of call in operations reports
Wednesday May 09 2007.

Well informed sources reported that the monetary system Algérie Post is adopting is undergoing many shortages and technical problems that lead operators to call in funds without previous control of the credit

since the adoption of a system which links post offices and banks. Problems intervene when the company started distributing magnetic cards to its clients in Algiers.

In this context, Information official at Algérie Post underscored that the technical problem some clients are complain about has already existed in 1997 up to 2006. On another side, monetary payment system project manager stated that since switches system adoption the problem that existed previously as far as control was concerned, given the fact that clients could call in funds they have deposited in their accounts had disappeared.

However, Bank relations and e-money company general manager Mr. Hadj Alouane told El Khabar that technical problems are owed to Algérie Post negligence as regards daily call in reports that fall within the adopted monetary system meant to review client credits entrusted by virtue of the law to call in 5000 dinars weekly.

Home