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

Originally Posted by MOM2TWO

Which branch is Houston? We were not able to buy it at the Chase we went to in Houston. darn it.....

The downtown branch on Main Street. He had gone to a branch that is near the Sam's I believe, because he knew he could park the truck there. He went in and they told him that they didn't have it. They didn't even offer to order it for him. Told him he could go to the main branch and they would order it. Since he had to take a cab there, I called to make sure that they would order it. When the woman said they have it to sell, I nearly fell off my seat! It saved him from sitting there till Monday!

Originally Posted by lucky duck

I to look forward to your post Adster. This is history in the making. And just think we are part of it.

We called Chase Bank in Tusla OK today and asked about buying more dinar. They told us that they were not selling it at any Chase Bank any more.
We are about to be rich.

Thanks ld. Interesting news, dead right about history in the making.

Originally Posted by DayDream

Here is the other translation for those who didn't see it earlier...

Thanks for paying close attention...Sometimes the flood of info causes a haze on comprehension Good J ob

Originally Posted by kahai

Called my local bank here in Honolulu which B of A services their foreign currency and they are still selling. Rate today is same as last week .000772 sell/.000614 buy. I asked him how they would verify my bills if and when I wanted to exchange my dinar for dollars and he said they would just match it to the book. I told him my concerns about my money leaving my hands without officially being verified/authenticated by machine/light or whatever it is they will ultimately use to verify the IQD and he said his manager would call me. I had told him I would like to request they obtain whatever device they need to verify the authenticity of the IQD and I would want that done at the time of exchanging into dollars. He understood and again, said that he would have the international banking manager call me. I'll let you know what he says when/if I hear from him. If not, I will certaintly follow up as this is a concern I have should the rate be substantial. I don't want anyone coming back after the fact when they've sent the bills to B of A who services them and I receive a call telling me they weren't authentic (counterfieits) and I'm out millions of dollars. Not being paraniod, just preparing for the big day. I can not drive anywhere to authenticate as I live on an island and would have to fly or mail my dinar and meet it wherever I send it. Still too risky for me. Thanks for listening. Any thoughts?

Good for you, my thoughts, don't let them out of your sight. Bank needs to send them away find another that will check them in front of you.

Originally Posted by kahai

Called my local bank here in Honolulu which B of A services their foreign currency and they are still selling. Rate today is same as last week .000772 sell/.000614 buy. I asked him how they would verify my bills if and when I wanted to exchange my dinar for dollars and he said they would just match it to the book. I told him my concerns about my money leaving my hands without officially being verified/authenticated by machine/light or whatever it is they will ultimately use to verify the IQD and he said his manager would call me. I had told him I would like to request they obtain whatever device they need to verify the authenticity of the IQD and I would want that done at the time of exchanging into dollars. He understood and again, said that he would have the international banking manager call me. I'll let you know what he says when/if I hear from him. If not, I will certaintly follow up as this is a concern I have should the rate be substantial. I don't want anyone coming back after the fact when they've sent the bills to B of A who services them and I receive a call telling me they weren't authentic (counterfieits) and I'm out millions of dollars. Not being paraniod, just preparing for the big day. I can not drive anywhere to authenticate as I live on an island and would have to fly or mail my dinar and meet it wherever I send it. Still too risky for me. Thanks for listening. Any thoughts?

Just send them all to me!

Originally Posted by Vipor

That would be totally awesome. I just picked up a few bills today at my local Chase branch (ordered yesterday) but they did not tell me anything about stopping. Decided I'd rather spend my weekend beer money on a couple more dinar just in case this was our weekend.

Let's hope Doug came across some good news for us MrsCK.

BTW, forgot to mention... something different that happened this time around, I actually got small notes. 5K and 1K. I had not seen the 1K as of yet. Pretty cool.

OK. starving. gotta go munch. laterz.

Originally Posted by Adster

Good for you, my thoughts, don't let them out of your sight. Bank needs to send them away find another that will check them in front of you.

Had to delete as I didn't know I was logged in under husband's screen name. Here is the repost under my name.

Called my local bank here in Honolulu which B of A services their foreign currency and they are still selling. Rate today is same as last week .000772 sell/.000614 buy. I asked him how they would verify my bills if and when I wanted to exchange my dinar for dollars and he said they would just match it to the book. I told him my concerns about my money leaving my hands without officially being verified/authenticated by machine/light or whatever it is they will ultimately use to verify the IQD and he said his manager would call me. I had told him I would like to request they obtain whatever device they need to verify the authenticity of the IQD and I would want that done at the time of exchanging into dollars. He understood and again, said that he would have the international banking manager call me. I'll let you know what he says when/if I hear from him. If not, I will certaintly follow up as this is a concern I have should the rate be substantial. I don't want anyone coming back after the fact when they've sent the bills to B of A who services them and I receive a call telling me they weren't authentic (counterfieits) and I'm out millions of dollars. Not being paraniod, just preparing for the big day. I can not drive anywhere to authenticate as I live on an island and would have to fly or mail my dinar and meet it wherever I send it. Still too risky for me. Thanks for listening. Any thoughts?

Originally Posted by kahai

Called my local bank here in Honolulu which B of A services their foreign currency and they are still selling. Rate today is same as last week .000772 sell/.000614 buy. I asked him how they would verify my bills if and when I wanted to exchange my dinar for dollars and he said they would just match it to the book. I told him my concerns about my money leaving my hands without officially being verified/authenticated by machine/light or whatever it is they will ultimately use to verify the IQD and he said his manager would call me. I had told him I would like to request they obtain whatever device they need to verify the authenticity of the IQD and I would want that done at the time of exchanging into dollars. He understood and again, said that he would have the international banking manager call me. I'll let you know what he says when/if I hear from him. If not, I will certaintly follow up as this is a concern I have should the rate be substantial. I don't want anyone coming back after the fact when they've sent the bills to B of A who services them and I receive a call telling me they weren't authentic (counterfieits) and I'm out millions of dollars. Not being paraniod, just preparing for the big day. I can not drive anywhere to authenticate as I live on an island and would have to fly or mail my dinar and meet it wherever I send it. Still too risky for me. Thanks for listening. Any thoughts?

Mahalo and Aloha Kahai,

First of all, Pau Hana!! Now, don't worry about the Dinar exchange after the R/V or opening on the curency market. I will walk you through, again, don't worry my friend. You know how it is when you ask any bank/state employees anything important or specific: Time for Kau Kau!!

Kate
(Kaanapali bound)

Originally Posted by Adster

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Thanks ld. Interesting news, dead right about history in the making. [/B][/I][/COLOR][/SIZE][/FONT]

Just FYI, I called chase bank in Tulsa Ok. (because we don't have one in K.C. MO.) and asked them if they would exchange foreign currency and was told yes ONLY if I had account with them and if not I would have to have one for a year before they would exchange it,

I asked them if this was always their policy and was told no it was just changed recently to this. I don't know what they say at other branches but this gentleman said it was now a Chase policy.

Originally Posted by Cdn Scrooge

In order to do what you are suggesting you would have to physically carry the cash across the border. I don't know what the US rules are but here is an excerpt from the Government of Canada website.

Cross Border Currency Reporting
Money laundering and terrorist financing are international problems. Money laundering in Canada alone is estimated to be in the billions of dollars. To help fight these criminal activities, the Government of Canada has introduced the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.
Under the new legislation, there are no restrictions on the amount of money that you can bring into or take out of Canada, nor is it illegal to do so. However, you now have to report to a customs officer amounts equal to or greater than CAN$10,000 that you are bringing into or taking out of Canada.
This new reporting requirement will assist the government in its efforts to:
• investigate and prosecute offences related to money laundering and terrorist financing;
• respond to the threat posed by organized crime; and
• fulfill international commitments to fight transnational crime.
For more information, please refer to:

Crossing the Border With $10,000 or More?


The link for the page where I found this is:

Cross Border Currency Reporting

Apparently you can do it, but there are forms that are required to be filled out, etc (read that as more gov't red tape) and the consequences of not following the rules involve fines and/or forfeiture.

This would be a good time to point out that the US of A and Canada have separate rules concerning transportation of money across International borders.