SuperFlyJr

The bigger question is why did the regime suddenly change today from US-$ (0.3109) to float. Hmmm, preparation of something to come...? LINK

If it's against the KWD then it means it's 0.1 or 10% of the KWD which is around $3.50 so 10% of that is $0.35. In other words, 0.1 of a Kuwaiti dinar is 0.35 of a US dollar. Hope that makes sense.

Definitely juicy - thanks for sharing! But I don't blame the source for rumors not panning out, whether pastors, ministers, bank tellers, managers, or gurus. Let's face it, things change frequently and what may have been truthful 60 seconds ago could have changed because of a tiny something the GOI, CBI, IMF, WB, or USA does. GO RV!!!!

If $3.60 isn't showing up on the CBI website and Forex then yes, it's HOGWASH! These rumors happen multiple times a week. Don't buy into them and get your hopes up because repeatedly crashing down after it's proven false is just too painful. Cheers.

Thanks (+) for posting!

Hoping this is true after all the reports of being pushed back to Tues or Wed!

Crap. I hoped we were past the stereotypical Iraqi drama.

Greetings Family, Only God knows when this investment will come to fruition, but when it does, we at KTFM want YOU to be informed and READY. The following are step by step instructions that we suggest you follow when the RI has occurred. Remember, these are just suggestions. Use your own prayerful wisdom and acquired information when making your own preparations. 1.) When the announcement is made I (Frank26) will get a hold of BIG_JOHN to post the large font RED RI with fireworks underneath, on the front page. Don't worry!!! You will not be able to miss it!!! 2.) I will then call all of our administration/moderation staff so that they can be on alert to assist you, either by pm, email or phone. Please keep in mind that they will be busy themselves……..so try to be respectfully patient. There are MANY of you and few of us but we commit to you that we will help you as best as we can. 3) The first stage of exchanging our dinars will go into effect. We will send out mass PM's. You will then need to call Ali with the numbers that we give you in the PM and make a reservation for your appointment. You will say to him that you are from KTFM and then will be locked into an appointment time. Please be organized and keep detailed notes and decide ahead of time which Dinar Trade office you will be exchanging in. Make sure you go to the Dinar Trade web site, print out the contract and follow Ali's instructions. 4.) Depending on where you intend to cash in, you will need to call and make a hotel reservation, at least for one night. Our advice to you is that you get in and get out quickly. You can socialize at the Post RI party. (Yes, we are planning one!!) 5.) You will take with you all forms of identification. Even canceled utility bills showing your name and address can be helpful………not as complete proof of your id, but helpful. Your driver's license and/or birth certificate is a must. 6.) If you need to represent someone else, you will need a letter authorizing you to do so. The letter will need to be notarized. They will need to give you a copy of their driver's license or birth certificate. The letter should simply state that they give you their permission to cash in for you and should be signed with an original signature. They will also need to give you their bank account and routing numbers. 7.) You will also need to take your account numbers and routing numbers to Ali’s office with you for your own exchange. 8.) Once at Ali's office, you will fill out a 104 form which will allow you to legally wire transfer money to your account from his. If you are representing someone else, this form will have an area where you explain that. 9.) Once the exchange has been transacted in Ali’s office, he will ask you to wait for 30 minutes while all confirmation is accomplished with the bank’s computers. He will then call you back into an office where you will visually see your money in your account. You should have your bank’s phone number with you so that you can call them and double check. Please keep in mind that you can only make one wire transfer per appointment. You will be charged $150.00 per million dinars for the exchange. 10.)Once all your transactions have been accomplished, you should go back to your hotel and get a good rest to drive or fly back home. Once you are at home………diversify as quickly as possible. You need to be assembling NOW your financial advisers, tax attorneys, etc. 11.) Remember what I said about doing this quickly? If you do not make your appointment immediately, you may have to wait up to a week. We have tried to organize you well in advance so I hope you have prepared yourself. Ask questions now so that you know exactly what you are doing. BE GOOD STEWARDS. I want all to know that everyone who is a member of KTFM will receive a PM as well as the front page fireworks and notification in RED. We know that more than half of you are here for that only and then will fly the coop, post RI. That’s okay……….God bless all of you……….we pray that our pre-RI work was a blessing to everyone. I even kept a list of those that were not very friendly, thinking that I would remove them from the final PM's. But I just can’t do that. If I start judging now……….how will our Father judge me? For those of you who are staying with us post RI to join us in mission work, we will contact you after the "cashing-in frenzy" has slowed down. We will have a brand new site with a brand new format. God bless you Family……..please try to be in constant prayer ……..I know we trust in God. He will see us through………..be strong……..and then be stronger. KTF, Frank

Again, discussed a hundred times before (Search is your friend), but yes, he will take your dinar. However, you cannot lock-in a rate when making your appointment unless you bought at least some of your dinar from DT.

This is the kind of bank rumor I like! Juicy with just the right amount of promise to get me to bite. Hoping I don't feel the hook next! GO RV!!!!

I'd like to see that memo!

Thanks, Doc31!

Edited for clarity (& spelling!).

Good catch on the CAD and extra decimals! Seems positive to me!