Thread: Iraq/Dinar News. 09/05 to 01/14/07

Jon,

Not totally true, I've been reading about banks in the US that will already exchange Dinars. A lot of others are getting ready for when it comes onto the World Market. At the moment the rate is miniscule so not worth it at all. But in time this will change. :0)

Nice bit of writing by the way! You could be the new Stephen King or Agatha Christie, lol.

Adam,

I didn't mean that. It's just this Bank won't do it for now. All check others some time around though. Guess I'm playing with fire huh.

All have enough money saved up soon. I have a saving plan setup already.

Let's keep in touch buddy.



Jon

Originally Posted by Adster

Jon,

Not totally true, I've been reading about banks in the US that will already exchange Dinars. A lot of others are getting ready for when it comes onto the World Market. At the moment the rate is miniscule so not worth it at all. But in time this will change. :0)

Nice bit of writing by the way! You could be the new Stephen King or Agatha Christie, lol.

Would you post the Web page of a bank in the US that exchanges Dinars?
Thanks, raloaa

Originally Posted by Offshore-Wealth.com

Interesting,

So with several banks already operating outside of Iraq such as in Sadi Arabia, Qatar and Kuwait, so you are saying this is not with government
approval? I think you too are reading ancient history, as in Saddam rule, for this was true then.

Good luck to all indeed, Mike

OK so do you have a bank account in Iraq? do you have cash in hand?

Take your cash to a bank in Kuwait,Saudi,Qayar etc. etc. and see if they will exchange for you. From experience I know a few things.

1 I have an account at Credit Bank of Iraq (set up with help from National Bank of Kuwait) you can not deposit or exchange Iraqi Dinar to fund the account. The words out of the bankers mouth were it is not legal for you to have this cash outside of Iraq borders.

2 you can buy/sell at any of the exchange houses in many country weather it is legit is hard to say.

3 the following is from Al Warka Bank when I opened my account with them...

Thank you for your e-mail.
Thank you for choosing our bank to be your assistance for your financial
needs in Iraq, and it give us a great pleasure to deal with you in our
bank .
Also we must inform you that any drawing from such account should be
made by you personally or by written authorization from your goodself
, and please be informed that you can not transfer any Iraqi Dinars
out of Iraq because it’s not allowed by the regulation of Iraqi
Central Bank .
Thank you again for contacting us and if you need any further information
, please do not hesitated to contact me .
Dear sir ,
we remain .
Best regards .

International Relationship Department
Nadia

I hold accounts in Kuwait,Iraq and US as well as have Iraqi Dinar cash in hand.
All I am trying to say is check out all options if you want to get into this as it is PURE SPECULATION and I really do not know what will happen.
Also it seems to me that by (regulation of Central Bank of Iraq) means that you can not transfer any Iraqi Dinars
out of Iraq because it’s not allowed by the regulation of Iraqi
Central Bank .


J.

I spoke with a rep at Bank One aka Chase Bank and they said that few branches trade dinars. The one in downtown Chicago and Evanston, IL, which is just north of Chicago on the lake exchanges dinars.

There are probably loads more. And in time more and more will and once it pegs then most banks will be exchanging dinars.

Fellow P**psters,

Judging by what I'm reading on various sites and emails I've had from Freedinar and speaking to others involved, it appears it is getting harder and harder to get Dinars. There are a lot less selling them on e-bay and the ones that are are putting their prices up. Dealers are doing the same. Seems that the banks are holding back on releasing them.

IMO therefore if you want to get involved in this opportunity whilst there are still some left to buy and at the low rate they are, then you'd better be quick.

Am glad I have a few million stashed away. ;0)

Adster.

Hi,
Well you can take them to a bank that does foreign currencies and get it that way. The best is to go to an International Air Port. Since their handle this every day it will be quicker and easier. I 'm in and also bought for a couple of friends and a niece who needed help.

Good Luck to us all,
Free

Well done Free. For such a small investment this has huge potential for all involved. Yes it's not guaranteed, what is? but if I'd missed out and they pegged it would have been a huge downer!

Hi Adster

We have purchases on hold with Ompus, but we found a cheaper outlet in Southern California for the Iraqi Dinar. Bank of America will sell you a million Dinar for $600 , which is $260 cheaper than our site. The branch in San Diego sends for them from a main office in Los Angeles and it takes one day to recieve them.

We just recieved one of the lamps for checking the Dinar and we're getting together with friends later to check Dinar security features.

Cherra, Kevin

PS , You seem to do alot of Pubbing.

Kevin,

$600? I've not seen them that cheap anywhere.

And yes, am partial to the odd beer or two.