Sweetness

Thanks livingproof and good luck to you as well!

No problem Solutions. Now I just hope someone can help make sense of all this.

Thank you Doc for confirming my 2nd thought I was starting to have after I posted my question lol. I see now if they did that it would "upset" investors etc and most likely kill their support and growth in MANY areas for the future. Not something they want to do as you said above! Thanks dinariac for breaking it down a bit more. This was just some random question that flew through my head and I thought Id ask. Next time I'll try and look deeper into the details, numbers etc before posting about it.

Solutions, Below is copied and pasted from the website. I tried putting a link up but the forum is telling me that I have a link to a website that the adminstrator doesnt allow... so sorry no can do. All, Just to let you all know, and to clear some apparent confusion about some claiming that Dinar Trade will impose a “SPREAD” upon cash in, here’s the truth on the subject. Dinar Trade itself will charge ZERO spread upon cash-in. The ONLY cost to do business with Dinar Trade when you cash in your Dinars is $150 per million Dinars or $150 per fractions of Dinars (smallest amount and largest amount you will pay to cash in with Dinar Trade)… period. The CBI does have its OWN spread that Dinar Trade and EVERY OTHER dealer, bank, clearing house, or exchange counter MUST honor. So, from that perspective EVERYONE most pay a “spread”, but Dinar Trade will not be charging a spread on top of that. Here’s a simple breakdown of a cash-in scenario with Ali and Dinar Trade: CBI RATES: When you hear the Dinar has “RV’d”, you will hear a “RATE”. This is in actuality INCORRECT. There will actually hear TWO RATES… The “ASK”, which is what the CBI is willing to SELL IQD for, and the “BID” which is what the CBI is willing to BUY IQD for. Other terms used to describe these two rates are the “OFFER” and “SELL”. The point in this is to let you know that there is NEVER just one rate. There are ALWAYS two rates, and the CBI is the central source that SETS the market rate. From there, banks, dealers and exchange counters can then create their OWN rates from the basis points set by the CBI.

Hello Dinarvets forum, Through reading the forums I know no one knows what the CBI will charge for a spread for taking back the Dinar after the RV. But I was wondering just what they are legally able to do at the point of the RV. Let me try and explain my concern.. Say that I choose to cash in through Ali at DT and I get charged the $150 per million dinar.. Ali has stated he will not charge any additional spread besides what the CBI's spread is. But let’s say the CBI puts a 50% spread on to the exchange? I mean I could see all of us getting so excited and happy only to find out on cashing in that we will lose 50% if not more... and then we would have to pay taxes on what’s left leaving us with nowhere near what we thought we would get. I know this seems extreme but after all this is Iraq and if they wanted to maximize their profits I could see them doing something like this. So what would stop them from doing this? Is there a limit as to how much they can charge on their spread percentage etc? Im not trying to scare anyone or be negative... But Im just curious. p.s I did do a search on the forum regarding this before I posted but wasn’t able to find my answer.

Ok maybe someone could explain this to me... This is what Im getting. Ali will not be charging a spread... But the CBI will. And thats what we will get nailed with if we go through Ali? If we cash in with Adam's VIP group we will not get hit with the bank spread here in the states only the CBI spread? So regardless if we cash in with Ali or Adam's VIP group we will still be charged the CBI spread correct? So really all we will only be saving is $150 per million dinar with going through Adam's VIP group?