kittikatt

I believe the problem is, that the Hotel Owner did not actually have his debt owed by the prostitute paid, the money left with the Tourist, had he stayed, he would have been able to "pocket" the $100 or at least run off to pay on the next debt he owed... Just a thought...

Thanks Cris, I'd actually meant to say "process through Andy Montana", not Ali. Having to do with a reduced spread. Which it doesn't appear you will know the spread with Ali until your appt for when you go in to handle your transaction. That spread can be quite costly. ;-) Driver's License & Bank Card is great, and will also need to confirm this in reference to a Company, as the Company owns the Dinar. My understanding is that the IRS are also beefing up to deal with the RV as well, as they always want their piece. LOL so I've heard that SS# may also be required. Banks are reporting agencies for transactions over $5K that are not normal and customary business on behalf of their customers, reporting these transactions to the IRS for a number of years now. Again, thank you for your replies.

That's honestly what I thought Cris, until I made those phone calls. I do realize you want to make sure they are prepared to handle the exchange in house, as mentioned by shirleyjune and they don't have to send them out to a centralized location for authentication. But would also like to know about what information is needed to facilitate the transaction, again, personal identification (when doing on behalf of a business), etc. Anyone have any experience there and some insight, would be really appreciated.

Thank you for the responses thus far. Greatly appreciated. Trying to be properly prepared for when the RV transpires, as it appears that it may be soon. Questions have also been sent to Ali directly, but haven't received any responses as of yet, and will most likely go the "Ali-way" as well. Though regarding that, my understanding as well, was that a letter would go out to those that are handling via the "Ali-Way" that you would thus then take into your local bank. So hence the questions of what banks, if in fact this is how it is going to be handled via the Ali-Way. If I am mistaken on this, please do let me know, since I've not heard back from him as of yet on this either. Thanks again...

Hi Folks, Couple of quick questions here regarding cashing in domestically (within the US). I've personally contacted both the Bank of America and Wells Fargo, as to my understanding, they would be banking institutions that would be utilizing the De-La-Rue system for handling Iraqi Dinar Exchange. When I contacted each of the Foreign Exchange departments, they both came back with "we will not be handling exchange on behalf of Iraqi Dinar, and don't know of any banking institutions that will be". Needless to say, this has caused some concern in handling the exchange once the RV has taken place. Does anyone have any confirmed banking institutions that they are personally aware of that are prepared with the De-La-Rue system to facilitate exchange? If so, could you provide us contact information? Next question, if the Dinar are owned by a company, like an LLC or INC. does anyone know what will be required by the financial institution domestically, to process the exchange? IE. TIN# for the company, any personal identification, etc.? Thanks & can't wait for that RV!