I will burn my second post here looking for an opinion. Like most people here on DV, I am
anxiously waiting for the RV to come to past. Not as the end of the journey, but as the beginning.
I have been lurking around here for a few months but following the Dinar for about six years.
I held off investing until early this year because I felt things were starting to fall into place for
the RV to happen.
I am, like many others, planning to make the trip outside the US to open an international bank account
to cash in my Dinar. I feel that whatever the RV rate is, the exchange rate will go up over a period of time.
I was concern about having to make several trips just to keep cashing in as the rates go up. It would
become an issue of timing and convenience. What I am planning on doing, unless someone here with
some creditability can give me a reason not to, is open two accounts at the international bank Adam
suggest. One in USD funds and the other in IQD. This will allow me to deposit all my Dinar and then
exchange funds over the phone or internet and just pay normal banking fees. This would save time and
the cost of travel. Of course the bank may not want to give the VIP rate for later exchanges but the fact
of losing several LARGE accounts might influence their decision.
Your thoughts……….. And please benice……………