University of South Florida (USF) M3 Publishing


The research aims to examine the impact of the Real time Gross settlement (RTGS) As an example of Electronic Payment Systems (EPS) in some Iraqi banks registered in the Iraq market for the securities and banks selected in the research sample (Iraqi Central bank, commercial Gulf Bank, United Bank for Investment of Iraq, Agricultural cooperative Bank) and researchers designed the resolution designed to achieve the objectives of research and test its hypothesis to gain access to the extent to which banks apply Sample search for internal controls of general procedures, application, security procedures and protection of proposed applications based on manuals, standards, guidelines and international frameworks, have been collected analysis of the resolution data Distributed on 89 individual research sample Vocabulary, department managers (payments, credit, IT, SWIFT and inspection and Internal control) for each bank of the research sample. In view of this, a number of conclusions were reached, the most important of which were the existence of internal controls that did not evolve, despite the development of RTGS, The weakness is uneven among the research sample banks but they are the strongest in the central bank of Iraq for being the owner and administrator of the systems. The researchers have recommended that international manuals, standards and guidelines for internal control procedures should be followed to ensure that Iraqi banks improve their electronic systems in order to reduce their vulnerabilities.



Recommended Citation

Al Taee, S. H., & Radhi, N. A. (2021). The impact of RTGS on internal control - A comparative study between some Iraqi banks. In C. Cobanoglu, & V. Della Corte (Eds.), Advances in global services and retail management (pp. 1-7). USF M3 Publishing. https://www.doi.org/10.5038/9781955833035

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