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Fifth Third Bank Current Buy/Sell Rate


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#1 THX IRQ

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Posted 22 February 2011 - 02:17 PM

I'm posting this in questions in case anyone comes to ask the question later. I just bought 1mil for $1,057 and they will buy 1mil for $661. I've seen rumors of banks halting dinar sales/buy backs, but I can tell you for fact Fifth Third is not one of those banks.
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#2 Helicopter Barry

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Posted 22 February 2011 - 02:19 PM

I'm posting this in questions in case anyone comes to ask the question later. I just bought 1mil for $1,057 and they will buy 1mil for $661. I've seen rumors of banks halting dinar sales/buy backs, but I can tell you for fact Fifth Third is not one of those banks.





One Hellava spread, Is that the norm...........Posted Image
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#3 Dino the Greek

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Posted 22 February 2011 - 02:21 PM

37% spread ... now that's the business to be in!!!
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#4 codeman

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Posted 22 February 2011 - 02:22 PM

Yep that is what I pay at my bank which is First Interstate Bank. I think that is the norm.
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#5 ajw

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Posted 22 February 2011 - 02:22 PM

I can back that up me and my wife just purchased more this morning at same rate.
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#6 THX IRQ

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Posted 22 February 2011 - 02:24 PM

I can back that up me and my wife just purchased more this morning at same rate.


you might be the guy in front of me in line that bought some lol the teller said this orlando-area branch is booming with people buying.

Edited by THX IRQ, 22 February 2011 - 02:25 PM.

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#7 Silence Dogood

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Posted 22 February 2011 - 02:30 PM

Thats only the spread for now because the Dinar is worthless. So they dont want it back till its worth something. If its that high after the rv just take it somewhere else. Since you'll have time cause you are now RETIRED!!! :)
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#8 waiting2xhale

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Posted 22 February 2011 - 02:33 PM

Info on 5/3 Banks. Here in Indiana, I called 4 locations, and they all said the same thing. As of Feb 1, 2011, they will no longer sell the Iraqi Dinar. I asked if they would exchange or buy back, and they said yes. They could not give me the spread, but said that it depended on the rate at time of exchange. I also asked them the process of the exchange. They said just bring in my Dinars, to the teller, they would so a visible inspection and then send them off to their Orlando for Authentication. It would take 3 business days, and after they acknowledge their aunthenticity, our bank account would be credited immediately.....
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#9 Helicopter Barry

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Posted 22 February 2011 - 02:40 PM

Info on 5/3 Banks. Here in Indiana, I called 4 locations, and they all said the same thing. As of Feb 1, 2011, they will no longer sell the Iraqi Dinar. I asked if they would exchange or buy back, and they said yes. They could not give me the spread, but said that it depended on the rate at time of exchange. I also asked them the process of the exchange. They said just bring in my Dinars, to the teller, they would so a visible inspection and then send them off to their Orlando for Authentication. It would take 3 business days, and after they acknowledge their aunthenticity, our bank account would be credited immediately.....





Im not sending my Dinar anywhere IM not.
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#10 tbi

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Posted 22 February 2011 - 02:41 PM

Which state is this 5/3 in and the First Interstate?
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#11 Heavyduty053

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Posted 22 February 2011 - 02:54 PM

Which state is this 5/3 in and the First Interstate?



Tennessee
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#12 Silence Dogood

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Posted 22 February 2011 - 02:57 PM

Ohio is still same old, same old. Buy'em, sell'em doesn't matter.
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#13 andy3978

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Posted 22 February 2011 - 03:08 PM

I'm posting this in questions in case anyone comes to ask the question later. I just bought 1mil for $1,057 and they will buy 1mil for $661. I've seen rumors of banks halting dinar sales/buy backs, but I can tell you for fact Fifth Third is not one of those banks.


Thats about the same rate as TD Bank is giving as well. Checked yesterday myself
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#14 BryanGT3RS

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Posted 22 February 2011 - 03:26 PM

Info on 5/3 Banks. Here in Indiana, I called 4 locations, and they all said the same thing. As of Feb 1, 2011, they will no longer sell the Iraqi Dinar. I asked if they would exchange or buy back, and they said yes. They could not give me the spread, but said that it depended on the rate at time of exchange. I also asked them the process of the exchange. They said just bring in my Dinars, to the teller, they would so a visible inspection and then send them off to their Orlando for Authentication. It would take 3 business days, and after they acknowledge their aunthenticity, our bank account would be credited immediately.....



As of Feb. 1st or March 1st?
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#15 bfurn

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Posted 22 February 2011 - 04:39 PM

THX, the IQD you bought at 5/3 were they uncirculated?
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#16 THX IRQ

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Posted 22 February 2011 - 06:15 PM

good question, not sure :P they are being shipped and arriving in about two days, ill check back with you.

THX, the IQD you bought at 5/3 were they uncirculated?


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#17 elv780

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Posted 22 February 2011 - 06:58 PM

My Fifth/Third has a 10 day turn around, and they're not all new currency. This is as of Saturday in SE Michigan. Just before Christmas it was a two day wait.
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#18 LettheRVbegin

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Posted 22 February 2011 - 07:01 PM

Dinars bought from bank are usually circulated. IF you are lucky, you'll come across uncirculated notes.
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#19 Doctor ``D``

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Posted 22 February 2011 - 07:07 PM

Info on 5/3 Banks. Here in Indiana, I called 4 locations, and they all said the same thing. As of Feb 1, 2011, they will no longer sell the Iraqi Dinar. I asked if they would exchange or buy back, and they said yes. They could not give me the spread, but said that it depended on the rate at time of exchange. I also asked them the process of the exchange. They said just bring in my Dinars, to the teller, they would so a visible inspection and then send them off to their Orlando for Authentication. It would take 3 business days, and after they acknowledge their aunthenticity, our bank account would be credited immediately.....

IMO You should go the extra miles and bring them directly wherever they have a de la rue machine , avoiding loosing sight of your investment !
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#20 haymon

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Posted 22 February 2011 - 07:18 PM

Georgia 5/3 is selling at $1057.00 with $10.00 charge. Pay them, they ship it in and you have to pick it up. No ship to address. Did not get into buy back. :D
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