Thread: All Banks $ Dealers News Here.

Originally Posted by phil

ive spoke to many different people regarding this pinholes thing. people from currency exchnages and banks and they ALL said theyre fine so im satisfied now. thanks for the help guys!!

Glad you're feeling better about it.

whats the current BUY from bank rate ( chase )

and what is the turn-around?

still 10 days plus on average?

thanks

Originally Posted by Dinarstars

The US Govt. (Treasury?) has simular rules.

What your mixing up is that we are investing in currency (money), not a piece of artwork, or collectable, or even a baseball card. Currency is ment to be used... ie: carried around, folded, minor writing on it, corners bent, ect.

The uncirculated bills are nice, but the value now is the exact same when exchanged. 20 years from now, a collector might pay more than the exchange rate for a bill thats perfect, but a bank will give you the current exchange rate.

As Cdn mentioned below, read the entire CBI document, not the one portion to scare everyone.

Dinarstars

I can certainly see and agree on that understanding and a few holes can be examined carefully to decide its authenticity. One normally deals with the same bank and the Manager or Director of the branch will help work it out somehow unles it is an outright counterfeit.


Pat.

Originally Posted by mike brown

whats the current BUY from bank rate ( chase )

and what is the turn-around?

still 10 days plus on average?

thanks

nobody buys from chase anymore?

next day/2 week delivery?

Originally Posted by mike brown

nobody buys from chase anymore?

next day/2 week delivery?

I read yesterday, that someone said they bought a couple mil from Chase at 775.00 per mil? I paid 863.00 a week or two ago!

Originally Posted by goldraker

I read yesterday, that someone said they bought a couple mil from Chase at 775.00 per mil? I paid 863.00 a week or two ago!

Yes, I saw that too. But not sure from what hey posted as to whether that was the price they paid on a purchase or just a quote they were given. Quite often the tellers mistakenly quote the bank's buy rate instead of the sell rate. I also saw where someone else purchased some dinars monday at a chase bank for around 860.00 per mil (I can't remember the exact rate and I'm too lazy to go look again but I know it was in the high 800's) and someone else purchased some this week at a credit union for 895.00 per mil.

Originally Posted by mike brown

nobody buys from chase anymore?

next day/2 week delivery?

I purchased dinar from Chase yesterday at 11:00am and got a call to pick it up
today at 3:00Pm

mike brown-why dont people buy from chase anymore?? who has better rates other than iraq?

Originally Posted by lglwzrd

mike brown-why dont people buy from chase anymore?? who has better rates other than iraq?

I think Mike was just wondering why nobody answered his query.

chase has been in high $800's for about a month i believe, not $775

but my main cocern was time frame of delivery after purchase, as of 2 weeks ago it was 10-15 days on average, but i guess it's back to next day delivery now?

thanks