The REAL DEAL with Wells Fargo and Dinars

[Texas1]

If I recall correctly Sonny1 said here on Forum like 2 months ago that he decided to go with WF after having a conversation with a WF VP and they kinda struck a deal.

Same w Randalln at Chase....where is he anyway? Haven't seen him much after Saturdays debacle.

[abutchbaker]

This will come in handy in the next 2 or 3 years when it is a tradedable currency................

[littlefeet]

BB&T Corporate Headquarters in Raleigh, NC said they would cash in, using a delarue machine, because the branches didn't need to invest in the machines

[cruzin']

Planned Iraqi Dinar Exchange Locations

TampaDinar plans to have secure remote satellite offices opened World Wide at Hilton Hotels & Resorts Worldwide within 72 hours in the event of a significant increase in value of the Iraqi Dinar. Although we have current planned locations for exchange, other offices may be opened on a temporary basis based on potential demand for exchange of the Iraqi Dinar.

Our Planned Security will be done through Brinks Security

Just something i read today. Aloha

[Tootles]

For those who are in the "PREPARATION" state, I though I would outline what several of us learned today from the REGIONAL PRIVATE BANKER and also from the SENIOR FOREIGN EXCHANGE TELLER for Wells Fargo in our area of the METROPLEX of Dallas/Ft/ Worth:

#1.. The principal bank branch appointed in this area to handle ALL FOREIGN EXCHANGE has NO DELARU machine! They have not EVER had one and there are no known plans for GETTING one.

#2. The bank's primary business is NOT FOERIGN CURRENCY EXCHANGE. It is simply and only ONE SERVICE offered to the bank's customers. . . ."kind of like ATM Machines," said the Regional Private Banker.

#3. Should any customer bring-in any LARGE quantity of any foreign currency (ESPECIALLY any currency from any Middle Eastern Country), the Senior Teller (who is RESPONSIBLE to the bank for any ERRORS of counterfeit or OTHER problem concerning the currency), she will DENY acceptance until the currency is APPROVED and ACCEPTED by the Wells Fargo Foreign Currency Clearing House in the North part of the Midwest. This process could require up to THREE WEEKS! It is GUARANTEED that a million US Dollars worth of even an APPROVED, well-established currency, like British Pounds would involve sending it OFF for verification, validation and credit. For any MIDDLE EASTERN currency - internationally traded or NOT - it would FOR CERTAIN be sent off;

#4. A WIRE TRANSFER by DOMESTIC FED WIRE SERVICE into the bank from the BROKER's US BANK who orginially SOLD the dinars and then BOUGHT IT BACK with it's new value, would be BEST! The wire would be held in a "pending" status for a maximum of 24-hours to allow for any needed administrative corrections to errors made by the bank SENDING or by Wells Fargo. AFTER THAT, the funds are FREE AND CLEAR.

#5. Currency Exchange offices at major airports (i.e. DFW Airport) are LICENSED to do exchanges and can send the funds by wire from THEIR central bank to Wells Fargo (or presumably your bank, as well).

But all the crapola you have heard about there being Delaru machines in every bank is DEAD WRONG! IT JUST AIN'T SO!!

So. . . . .looks like selling to one the facilities of Ali at Dinar Trade, Inc. or to Dinar Banker is going tyo be the best way. All this "crap" being touted that BANKS WILL OFFER THE SAME AS ALI is JUST THAT - - -CRAP!

At least for those of you intending on using Wellas Fargo for your funds. . .AFTER you have funds to SEND. . .they are as good a bank as any, but do NOT listen to any more CRAP about these banks all having Delaru machines! Do NOT listen that they have agreed to give quick and immediate service if you turn in to them. They WILL send off your dinars for verification and validation to their Central Foreign Exchange Clearing House for your credit, and it will take UP TO 3 WEEKS!!

Need to check it out?? Contact the Wells Fargo Regional Foreign Currency Exchange Bank and ask for the Foreign Currency Exchange Head Teller: ***-***-****.

ASK her about them having any Delaru machines.

ALL THIS is treated with RESPECT. The bank does not even ACKNOWLEDGE and will not and does not PLAN to accept, buy, sell or deal in Iraqi dinars - NOW or EVER.

Hope this begins to "wash-away" some of the horse manure spread on these stupid bank stories. If we are 1-3 days away from Dinars RV'ing. . .one would THINK at least ONE PERSON in the Area Foreign Currency Exchange Bank Branch ought to be taught SOMETHING about DOING it if it is supposed to happen in 1-3 days!

It's just your opinion...and that's it! I will and know of other banks that say otherwise.

[mcuman]

Planned Iraqi Dinar Exchange Locations

TampaDinar plans to have secure remote satellite offices opened World Wide at Hilton Hotels & Resorts Worldwide within 72 hours in the event of a significant increase in value of the Iraqi Dinar. Although we have current planned locations for exchange, other offices may be opened on a temporary basis based on potential demand for exchange of the Iraqi Dinar.

Our Planned Security will be done through Brinks Security

Just something i read today. Aloha

Interesting. Let me put it this way: AAARRRG ! ! Thar be pirates in Flarrida! Ayed be kerfil iffn aye be ye ! ! They be after emeralds and everthin' else thar.

[iam2broke]

isnt the another site having several secured places to cash in at. (very secured)

b*h* *g*r*o*u*p*

[sheik]

Next time you visit your bank, ask the bank teller what the British Sterling is. Bet you they tell you its an expensive car made by Rolls Royce.

[Danan]

Really hate to sound dumb, but what is TD bank? And where are they located?

[matus55]

All Banks will change their minds when the dinar RV's

[ngodstust2]

My Private Banker was aware of the Irish purchase several months ago. How about YOU telling ME where YOU bank, so the several of US who are already long-term customers with OUR Private Banker can communicate with YOUR branch? I would like to put our two Private Bankers TOGETHER so there is ONE HYMNAL being used here instead of several.

Here is my real point to you, when you say that a Bank will not doing something you need to say the BRANCH or the location that you spoke with will not.

I bank with the Private Bank Division of Wells Fargo, also Adam will have all the information available when the times come for people to cash in he has done a lot of the homework for it.

Word to the wise, there are a lot of very very smart people of this site and there is never an ABSOLUTE when it comes to money.

[jbbdolphins]

Hey jbbdolphins,

You wrote:

Not sure what happened to my post earlier, but again, thank you. BOA basically told me the same thing, but would have to send the dinar to main branch to be certified, she said about 7 business days. It would seem a waste of money to put de la rue machines in all branches after the RV, I imagine everyone holding dinar will try to cash in as soon as possible making the cost of those machines a waste of money. You did bring up a good point about cashing in at the Airport and having the money wired to my account. I bank with USAA and was thinking of cashing in at a few different banks and having the money then transferred to USAA, however, if I can cash in at the airport, then I can save a little money. Something to think about.

Be VERY CAREFUL that you understand that USAA BANK does NOT have any "TRANSACTIONAL" accounts. ALL USAA accounts earn INTEREST. This means that the TOTAL DEPOSIT from ALL DEPOSITS however many you might spread them, are LIMITED to $250,000 TOTAL CUMULATIVE FDIC insured coverage.

ONLY banks which offer "TRANSACTIONAL" (i.e. NON-INTEREST accounts) are covered by UNLIMITED DEPOSIT coverage until the end of the year.

What this means is that if you deposit over $250,000 into USAA - no matter HOW MANY DIFFERENT accounts you split it up between - you are insured ONLY to a maximum amount of $250,000 TOTAL.

In other banks, you can open a NON-INTEREST checking account and it is covered by FDIC to ANY amount! This is NOT AVAILABLE at USAA and they are NOT INTERESTED in making such accounts available to members.

thank you, I am not aware of "transactional" accounts. I was going to deposit then contact a tax attorney, might change my plans.

[Artitech]

Ali I'll be in grapevine tomorrow! ill check em out

[Native]

I noticed the cold shoulder that Wells Fargo gave me when asking about thier security measures for forgin currency cashins. I opened account in all the major banks so I could observe the different policys and could utilize the best benifits between them. As of now , Chase, offers the best service with two DeLarue machines at this particular branch. I have a personell banker that knows me on a first name basis, and he knows my intrests in forgin currency. He has taken me into the forign currency depeartment and I have been privi to immeadate information on forign currency screens. If you don't have service with your bank that compares, you may want to check around. God Bless

[umbertino]

Same w Randalln at Chase....where is he anyway? Haven't seen him much after Saturdays debacle.

I noticed that myself... Maybe on vacation?

[Skybear]

Here is my real point to you, when you say that a Bank will not doing something you need to say the BRANCH or the location that you spoke with will not.

I bank with the Private Bank Division of Wells Fargo, also Adam will have all the information available when the times come for people to cash in he has done a lot of the homework for it.

Word to the wise, there are a lot of very very smart people of this site and there is never an ABSOLUTE when it comes to money.

I accept what you say with gratitude and humility. Perhaps the Regional Director of Private Banking has NO IDEA how the Private bankers from 5-states under his authority will handle or will deal with ReValued Iraqi currency.

Edited August 25, 2011 by Skybear

[ngodstust2]

I accept what you say with gratitude and humility. Perhaps the Regional Director of Private Banking has NO IDEA how the Private bankers from 5-states under his authority will handle or will deal with ReValued Iraqi currency.

I think that you said the Word Region he is under.....You see, there are 2 types of Private bankers (Wealth Management - There guys handle from 800k to 10 Million) and there are the Private Bankers. These guys in Arizona deal with clients from 10 million up.

At this level they have teams of 7 people ... is this what you are talking about?

[Hamels]

Really hate to sound dumb, but what is TD bank? And where are they located?

They are very popular in the NE part of the country, Boston, New York, Philly, Balt, DC, and I heard that they have some locations in Fla now

[Skybear]

I think that you said the Word Region he is under.....You see, there are 2 types of Private bankers (Wealth Management - There guys handle from 800k to 10 Million) and there are the Private Bankers. These guys in Arizona deal with clients from 10 million up.

At this level they have teams of 7 people ... is this what you are talking about?

Roger. Acknowleged. He is a Wealth Management type.

[ngodstust2]

Roger. Acknowleged. He is a Wealth Management type.

Don't know what to tell you, but if it were me and i owned a large amount of Dinar, I'd have to think about what was really happening.

That is all i can tell you, call CitiBank they said earlier today (Private Banker) that soon they will BUY and SELL Dinar.

Good Luck

[BillR]

So if the company you purchased from issues a certificate of authenticity, and you bring your Dinars back to them to cash in, would it not be logical to say that your Dinars have been previously verified? Or should we doubt the authenticity of the certificate of authenticity? Just asking

[Danan]

Interesting. Let me put it this way: AAARRRG ! ! Thar be pirates in Flarrida! Ayed be kerfil iffn aye be ye ! ! They be after emeralds and everthin' else thar.

Too cute.