Algeria Post to solve issue of availability of liquidity in the post office on the eve of Eid
The phenomenon of lack of liquidity faced by post offices, especially on the eve of Eid, seems to be taken seriously by the concerned departments.
According to the director of the Centre National des Chèques Postau (CNCP), Abed Amrane “all necessary measures are taken to avoid problems related to lack of liquidity.”
“We control the situation to the point that we do not even need to do overtime work as we did before,” he said. The management of Algeria Post has always been faced with the problem of liquidity on the eve of major religious holidays and the back to school period.
With his previous experience in managing this deficit position towards Algeria, he claims to have learned the lesson.
Department heads of some post offices in the capital told us that liquidity is available on a regular basis and that this problem will not arise the day of Eid. If the situation has improved significantly, it is through the organization adopted by the management station in Algeria against the rush of customers who are withdrawing their money the last days before Eid Al Adha.
According to the director of CNCP, “many employers organizations were asked to forward their payments.” In this vein, he said that the CNR (Caisse nationale des retraites – National Pension) with its 2 million accounts and weighs more than 42 billion dinars Mobilis Algeria Télecom and have advanced payments. Meanwhile, he adds, “it is expected that others do too.” The groups most affected by this operation progress payment of wages are those who perceive their payrolls between 20th and 30th of the month, said Abed Amrane.
Moreover, “Algeria Post took office near the Bank of Algeria to control the amounts needed in time,” says Abed, who thanked the role of this institution “for his important role greatly help us.” “In addition to the centralization of payments at CNCP, Algeria Post services have established a monitoring unit that controls the flow of transactions,” explains the director of the CNCP.
To deal with the withdrawal of large sums that create the problem of missing Amrane Abed said its management “promotes the use of certified checks for our customers and limiting withdrawals without notice 200 000 DA,” said Abed. For other regions outside the capital, the director of CNCP stated that “the network is organized Algeria station so there are transactions between offices gymnastics”, ie ” post offices that express a need for cash will soon be powered by those who have too much, “he says.
