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Posted 11 March 2011 - 07:21 PM
Posted 11 March 2011 - 07:27 PM
Posted 11 March 2011 - 07:36 PM
Posted 11 March 2011 - 08:10 PM
Posted 11 March 2011 - 08:24 PM
Contrary to some of the statements being made about the new "US Treasury Law" regarding the dinar there is nothing to back that up. If someone knows of a recent law regarding the DINAR specfiically from the US Treasury Dept please post it here. Otherwise just chalk this up to someone's vivid imagination. in other words, it's a rumor!
What there is in California, is a bill designed to affect money transfers from DEALERS. this is California bill AB 2789 which states the new law for the State of California regarding the fact that currency dealers need to have certain amounts of reserve on hand and be accountable for all transaction therein.. This bill does NOT MENTION THE DINAR! Here is the link...
So, all the hype about the dinar being singled out by the US GO. is this just that. HYPE! just what we need, right? more hype.
PLEASE, if I am wrong and someone can post a link to that effect i would be happy to recant...
Read more: http://dinarvets.com.../#ixzz1GLNoqrjo
Posted 11 March 2011 - 08:32 PM
Posted 11 March 2011 - 08:38 PM
Posted 11 March 2011 - 09:37 PM
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Posted 12 March 2011 - 01:16 AM
Posted 12 March 2011 - 01:35 AM
Posted 12 March 2011 - 04:06 AM
Edited by tommyboy, 12 March 2011 - 04:07 AM.
Posted 12 March 2011 - 10:46 AM
Posted 12 March 2011 - 10:51 AM
GRET POST STARSHIP THANKS FOR LOOKING INTO IT
There is no special secret to cashing in Dinar. It is like exchanging Canadian $$$ for US $$$ or vice versa. If the transaction is over $10K then you have to fill out the US Treasury FinCEN Form 104. It is that simple - cause exchanging your dinar for US $$$ regardless of the Rv - the activity is still the same - you are exchanging one currency for another. All this hysteria about new laws with regard to the dinar is BS. The California AB 2789 bill is for monetary dealers. It basically came about because there were companies that sold bogus money orders. It has nothing to do with currency exchanges. For the sake of clarification - when you decide to "cash-in" your dinar, substitute the word "exchange" as that is what you are doing - exchanging. Say you went on a trip to France and you went to your bank or another institution that dealt in foreign currencies. You exchange $2000 US for the corresponding amount of French Francs. When you get home from your trip you still have a certain amount of French money left so you go to your bank and "exchange" it back for US $$$. Your "cash-in" process is just a simple exchange of one currency for the other and depending on when you do the exchange you get the $$$ amount that is dictated by the exchange rate of the day. You cash in Casino chips. You "exchange" currencies. It is that simple. Dealing with the IRS with regard to taxes is a separate matter and it is something one will have to handle with a financial professional. It has nothing to do with the initial exchange of ones dinars for US $$$ once the Rv happens. There are no new mysterious laws governing the exchanging (cash-in) of dinar for US $$. Stop the hysteria, please.
Posted 12 March 2011 - 11:21 AM
Posted 12 March 2011 - 05:32 PM
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