Last Purchase I made Friday Week ago was.......
Quote:
Originally Posted by
Hope Full
Hi can anyone tell me what rate there getting at chase please?
I think there giving me the buy back rate because there selling it to me for 1136. Help anyone???
P.S. I am a member of chase.
$861,80 per million. Which was 0.000861800 I didnt get their buy back rate. Sorry. Can anyone else Help here"
Chase Near Houston is not Selling Dinar
My wife tried to buy some Dinar at the Chase Bank here in Humble Texas on March 1st. The Teller with 25 years seniority couldn't find IQD in the system; pretty strange as I last bought some in January.
This was in the speculation thread on another forum causing quite a stir -not my info
Official from Chase Bank
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Hey all
I went to my bank, Chase bank, today. I went to do a wire transfer for some other business. I asked about their investment group that help with investments. Then she (the assistant manager) said something about currency exchange and how they help people buy and sell currency. I then asked her about the Iraqi dinar. I think she had a hard time understanding me at first then she was like, "Oh yea the Iraqi dinar. We are not selling the Iraqi dinar anymore." I said that I thought it was just a rumour, and I did think that. But she said that there was a note about it from a managers meeting a couple of weeks ago and something on the computer about it. I asked what it was about. She said, "I think it was about the value or something." Hmmmmmm...Now she peaked my interest. I asked if it was good or bad. She said bad. She said there were complications and such and Chase decided not to deal with it any more. I asked her if she could find the information on the computer and what it had said. She could not find it. I told her how the Iraqi dinar had gained at least 13% in the last 4 months. She said she heard it is going up. Then she said that she was going to go ask her manager more about it. She returned and said he manager said the same thing. She implied that it was about counterfeit currency. I told her that the Iraqi dinar has some of the best security features in it. And all that she said thus far did not make much sense. Well I left. Then I got a call back saying they forgot to get my account number for the bank wire. So I headed back in to redo the wire transfer I did while there the first time.
This time the bank manager was doing this. I asked her about the IQD and I told her it did not make sense that they would just all of sudden stop selling and buying the Iraqi dinar. I told her that Chase is one of the biggest banks in Iraq right now. I told her how the value has only increased. I told her that the CBI is telling us the value of the dinar is going to go up. And she said yes I had heard that. She then brought up the Mexican Peso which they did the same thing with that. Because they could not get their money back out of it. What? Is she actually trying to tell me that they cannot get money from the Iraqi dinar that they buy from turning it back over? I found that hard to believe they are not getting their money for the Iraqi dinar that they buy because the US is supporting the Iraq war, and the demand has gone up. We are not supporting Mexico in a war. Then she went on about the demand and Chase probably doesnt want large amounts of foreign currency sitting around not doing anything. Which I also find hard to believe because I would imagine the demand for the Iraqi dinar has only gone up. And told her as much.
I stated that Chase could be holding onto them for if there is a price increase they could benefit off of it. She said it makes sense to her and is possible. Guess what she could not find the update either. I find it odd that neither one of them could find it now. But there was definately an OFFICIAL internal update in Chase employees back office about the Iraqi dinar and how Chase would not be selling Iraqi dinar any more NATIONWIDE.(the US) We even went to the foreign exchange site within Chase banks site and the Iraqi dinar was not even listed. Even though there were other exotic currencies listed as "not available". Hmmmmm....... Very odd indeed. Why now? There was probably more problems with counterfeit dinar about a year ago than now. And how many cases have you heard about this in the US? We are all over the dinar news day in and day out and I have NEVER heard about a problem with the Iraqi dinar. I think they are hiding the real reason. They cant send a memo out to their employees telling them that they can no longer deal in the Iraqi dinar until AFTER a revaluation. That would expose what is really going on.....
What is everybodies take on this? Pure smoke screen or Chase is done with the Iraqi dinar for good(which I find hard to believe)? I was about to give up on the IQD but now I dont know what to think
Here is follow up post to a question:
"If what you say is true it doesn't matter anyway because you said she has stated it was going to be bad for the rv. But who knows. Maybe it wont be too long "
I did not say she said it would be bad for the RV. She just said that it was supposedly bad for Chase bank right now. But I dont buy it. All she said was excuses and more excuses which could be rebuffed with facts. First it was said that people were coming in and demanding instant account transfers after selling Chase their dinar. Ok well How many people do you know selling dinar? And you just dont credit their account until the currency is analyzed for authenticity. And she knew it didnt make sense herself. Then the other lady who was the manager said something about counterfeit IQD. How many news articles or release from the SEC have you seen about counterfeit IQD cases? Folks I cant think of any. Then the bank manager said something about the Peso and how Chase stopped selling them for a while. Why? Because when they(Chase) would go to cash in their Peso to who ever then could not get the value of their Peso. Now tell me that this is happening with the IQD. I highly doubt that is happening. Every reason they came up for not selling it anymore had holes in it. Maybe they really just did not know the reason why. And I dont believe these two employees really knew. But what REALLY got my attention is she said that there was actually an internal memo about not selling the IQD to all branches in the US. I instantly thought of the rumours from here.