Dinman1

I have recently renewed my internet account for the year and want to transfer currencies from the IQD account to the USD account. At one time you could go under the Account Summary or Account info and they had a selection to transfer either USD or IQD to either account. That is not so now. I have noticed quite a few changes since I was on last a couple of years ago including "Iban/Bban" numbers and some things on internal and external transfer beneficiaries under "maintaining beneficiaries". There is also something about "maintain internet LC" whatever that is. Has anyone done any transfer between the two accounts since the new changes? Also if it has to be done under the internal beneficiaries not sure what goes in the beneficiary name (what it is referencing), beneficiary address or what exactly goes in the boxes in the beneficiary account number. Assuming it is some portion of the accounts number. Any help would be appreciated if this is the way it has to be done. The only other option would be to send an email to Isa requesting the transfer. Also is there a certain amount of IQD that is required to leave in the IQD account?

I had a general question concerning Warka Accounts. Is that question to be posed under here or under the Warka Discussion Forum?

I take it that the annual internet renewal is based on the anniversary of when the account was opened.. Correct? I also noticed a friend of mine recieved the same amount of interest that I did and he has twice as much I do. He also opened his at the same time I did. I guess what they mean by based a minimum amount is a minimum amount more than what we have.

Mark, I managed to get through most of the same steps as you. About the same amount of time. Right now a Rowaida has e-mailed me that the dollars to dinar exchange has taken place with "X" amount of dinars in the IQD account and $150 USD in the US account. It also stated 2000 dinars and $2 USD deducted for opening account fees. Although I had mentioned to exchange the dollars to dinars in my previous e-mail I also mentioned I was also needing log on information to do online banking. His above e-mail did have Mohammed Issa carboned copied along with my previous e-mail attached below it. But no one else was carboned copied. Will they now e-mail me my e-banking logon or is there something I'm suppose to do? Just wait and if so how long? I'm a little fuzzy on this final step. I did noticed it helped to send with return reciept. I noticed sending during their time of hours didn't help that much. One time I actually got a response within 24 hours when sent at 9:00AM Central my time. Thanks!

Hi. I'm relatively new to the Dinar investment. Three months now. I hate to start my first topic by asking what may be a dumb question and I didn't find it asked anywhere else. But as we get closer to the RV I would like to know something concerning the cashin. I will probably wait and shop around for a good deal and get other things done first. I bought my Dinar from a bank. At that time the rate applied to the day in which I bought them. Everything done in a few minutes. After RV and it is a floating rate that can change quickly I guess with supply and demand or whatever and come cash in time, I'll probably cash in at a bank. To my knowledge if the bank does not have a Del a Rue ( If I'm spelling it correctly) machine to check the currency, it will be sent to a US Treasury location to be checked along with the Fichen form that was completed at the bank.Then if ok it will then be wired to the bank of my choice. The process from start to finshed can take up to a week to complete. OK. At cash in time, at what point am I credited for the Dinar rate? Is it the time at which I take the Dinar to the bank and fill out the Fichen form or after the Dinar has been validated by the UST or after that and the wire transfer completed? May seem like a moot point, but would like to have this confirmed in my mind. Could also make a difference if there is a time limit to cash in or a huge fluctuation in the rate. I know so much emphasis is put on the Del A Rue machine being on site when cashing in. Also can anyone quote a reference such as a regulation or law or can speak from having gone through a similar experience? Also how can one find out where or if certain banks like Capital One have the machine? Actually that is about 4 questions.