swimmer26 Posted April 9, 2010 Report Share Posted April 9, 2010 I am new to dinar vets, but have read in Adam's E-book about Warka Account. I understand about wiring USD to open account, but how do you get IQD physical currency into the account? Can it be wired? Or do you have to take it to NY personally? Link to comment Share on other sites More sharing options...
HINK Posted April 9, 2010 Report Share Posted April 9, 2010 I was told that you can not wire IQD into Warka...only USD. Once you wire USD into that account it becomes IQD. Link to comment Share on other sites More sharing options...
kingjaffi Posted April 10, 2010 Report Share Posted April 10, 2010 I was told that you can not wire IQD into Warka...only USD. Once you wire USD into that account it becomes IQD.You have two accounts, one in USD and the other in IQD. Once they receive your USD or while it is in transit, send an email to Mr. I and account services and ask them to transfer all that you sent to your IQD account. It does not automatically change into IQD once sent. Hope this helps HINK and swimmer26. Link to comment Share on other sites More sharing options...
RMLP Posted April 10, 2010 Report Share Posted April 10, 2010 once your account is open, you can go online, just like here, and move your money into IQD Link to comment Share on other sites More sharing options...
swimmer26 Posted April 10, 2010 Author Report Share Posted April 10, 2010 Thanks kingjaffi! Am I correct in saying that you set up the account with USD and then ask the bank to convert the USD to IQD? In Adam's book, He mentioned that the minimum amount to open the account is $425 USD. Is that correct? Link to comment Share on other sites More sharing options...
onesaltydog Posted April 10, 2010 Report Share Posted April 10, 2010 I have a Warka acct and I set it up through Citi Bank. The minimum openingDeposit is 300k Dinars and $150 USD. I sent exactly $450 when opened my account, $25 was deducted to pay the wire transfer fee to Citi Bank, NY Branch. Then two days later I received an email from Mr Issa notifying me he had rcvd my deposit. At that point I had $150 in my USD Acct and approx 345,000 IQD! I don't know why exactly but for some reason they require you to maintain $150 in USD.If someone out there knows a way I can get them to transfer that $150 into my IQD ACCT I would love to know how to do so! It bothers me a little that I have to keepUSD in my Warka acct when the whole idea is to exchange it for Dinars!Anyone have any answers or is that just the way it is? Link to comment Share on other sites More sharing options...
kingjaffi Posted April 10, 2010 Report Share Posted April 10, 2010 Thanks kingjaffi! Am I correct in saying that you set up the account with USD and then ask the bank to convert the USD to IQD? In Adam's book, He mentioned that the minimum amount to open the account is $425 USD. Is that correct?Your welcome swimmer26. Warka will setup two accounts for you, one in USD and the other in IQD with separate account numbers. Once you deposit the USD into your USD account at warka, you then ask them to leave the required $150 in your USD and change the rest into IQD by depositing it into your IQD account. Expect to send a minimum of $425 like Adam said (not including the wire transfer fee if applicable.) You will have ~318,000 IQD in your IQD acct and $150 in your USD acct once complete minus fees. Hope this helps. Link to comment Share on other sites More sharing options...
kingjaffi Posted April 10, 2010 Report Share Posted April 10, 2010 I have a Warka acct and I set it up through Citi Bank. The minimum openingDeposit is 300k Dinars and $150 USD. I sent exactly $450 when opened my account, $25 was deducted to pay the wire transfer fee to Citi Bank, NY Branch. Then two days later I received an email from Mr Issa notifying me he had rcvd my deposit. At that point I had $150 in my USD Acct and approx 345,000 IQD! I don't know why exactly but for some reason they require you to maintain $150 in USD.If someone out there knows a way I can get them to transfer that $150 into my IQD ACCT I would love to know how to do so! It bothers me a little that I have to keepUSD in my Warka acct when the whole idea is to exchange it for Dinars!Anyone have any answers or is that just the way it is?That's just the way it is....their rules. It was not like that before but now it is that way. Link to comment Share on other sites More sharing options...
onesaltydog Posted April 10, 2010 Report Share Posted April 10, 2010 Ok, thanks King, I appeciate your answer to my question!I have continued adding to my Warka acct and plan to do soUntil God blesses us all with this investment! Keep the faith brothers and sisters! Link to comment Share on other sites More sharing options...
kingjaffi Posted April 10, 2010 Report Share Posted April 10, 2010 Ok, thanks King, I appeciate your answer to my question!I have continued adding to my Warka acct and plan to do soUntil God blesses us all with this investment! Keep the faith brothers and sisters!Anytime onesaltydog and God bless too. Link to comment Share on other sites More sharing options...
wess144 Posted April 16, 2010 Report Share Posted April 16, 2010 Warka gives you better rates than the dealers!!! Link to comment Share on other sites More sharing options...
yakayaka Posted April 19, 2010 Report Share Posted April 19, 2010 I was told that you can not wire IQD into Warka...only USD. Once you wire USD into that account it becomes IQD.Hi,Iam new here so please bare with me, iam looking into opening an account with Warka. However i have 100,000 Pyshical IQD notes. Once i open an account can i take them to a western union & pay them into my Warka account?RegardsYakayaka Link to comment Share on other sites More sharing options...
Leroy2u Posted April 19, 2010 Report Share Posted April 19, 2010 I would recommend you get Adam's book "RV Intel", it completely covers this process from documents to funding. Link to comment Share on other sites More sharing options...
bahtman Posted April 19, 2010 Report Share Posted April 19, 2010 Hi,Iam new here so please bare with me, iam looking into opening an account with Warka. However i have 100,000 Pyshical IQD notes. Once i open an account can i take them to a western union & pay them into my Warka account?RegardsYakayakaYou can't send physical cash anymore to Warka. Keep the physical Dinar in an effort to diversify your investment. Wire other funds to Warka via Citibank in NY Link to comment Share on other sites More sharing options...
swimmer26 Posted May 1, 2010 Author Report Share Posted May 1, 2010 Can you physically deposit dinar in citibanks NY branch warka account? Link to comment Share on other sites More sharing options...
yakayaka Posted May 1, 2010 Report Share Posted May 1, 2010 You can't send physical cash anymore to Warka. Keep the physical Dinar in an effort to diversify your investment. Wire other funds to Warka via Citibank in NYAll in order now, thanks. I have a IQD & USD account with Warka. Both funded, today i also recieved confirmation iam getting online access.Also still buying a few cheap bundles of dinars from various ebay auctions.Bring on the RV. Link to comment Share on other sites More sharing options...
rasec Posted May 1, 2010 Report Share Posted May 1, 2010 hello , I, m having problems getting my online password. I cant download the documents from warka web. Some one can help me with this matter. copy and past it in this forum. Thankyou .god bless all. Link to comment Share on other sites More sharing options...
DragonCruiser Posted May 1, 2010 Report Share Posted May 1, 2010 I'm in Iraq. When I funded my account the bank personnel did not say I needed to keep $150 USD in my account.I will get some USD and check with them on Monday. Link to comment Share on other sites More sharing options...
yakayaka Posted May 1, 2010 Report Share Posted May 1, 2010 hello , I, m having problems getting my online password. I cant download the documents from warka web. Some one can help me with this matter. copy and past it in this forum. Thankyou .god bless all.---> To get online account access, download the "Online Account Access Request Form" file attached at the to this post. Print it, fill it, sign it, scan it and save it as a PDF file. If you don't have a scanner, please go to your nearest copy/printing shop and they can help you save it onto a disk. Now send the PDF attached with your online account eMail request to: e-Bank@Warka-Bank-IQ.comHere’s an example eMail for the Online Account Access request:Hello,Please note that attached to this eMail is an Online Account Access authorization PDF form to be applied to my Warka Investment Bank account.Thank you,> Below is an example of how the Online Account Access form is used:I, __(Your Name)__ authorize Warka Investment Bank to withdraw an annual fee of __(15,000)__ Dinars from my IQD Savings Account #__(Your Warka Account)__ to allow __(Your Name)__ with full secure online access to Account #__(Your Warka Account)__. Warka Investment Bank must provide __(Your Name)__ with a User Name and Password that can be used to login and benefit from any and all of Warka Investment Bank online services. This authorization shall expire one year from the signed date below or upon written notice by the legal account owner named above.Party in full agreement, signed below._____________(Your Name)____________ Date_____________Legal Account Owner & InvestorOnline Account Access Request Form.txt Link to comment Share on other sites More sharing options...
Darren Chabluk Posted May 3, 2010 Report Share Posted May 3, 2010 You do not need to take money to NY yourself, that is what a wire is for. As for sending cash to Warka in Iraq, it is highly advised not to do this. I've been helping in the set up of Warka accounts for years and sending cash in the mail is a no no. Link to comment Share on other sites More sharing options...
radar47 Posted May 5, 2010 Report Share Posted May 5, 2010 I have a Warka acct and I set it up through Citi Bank. The minimum openingDeposit is 300k Dinars and $150 USD. I sent exactly $450 when opened my account, $25 was deducted to pay the wire transfer fee to Citi Bank, NY Branch. Then two days later I received an email from Mr Issa notifying me he had rcvd my deposit. At that point I had $150 in my USD Acct and approx 345,000 IQD! I don't know why exactly but for some reason they require you to maintain $150 in USD.If someone out there knows a way I can get them to transfer that $150 into my IQD ACCT I would love to know how to do so! It bothers me a little that I have to keepUSD in my Warka acct when the whole idea is to exchange it for Dinars!Anyone have any answers or is that just the way it is?Can you open a Warka account without a passport? What other forms of ID is acceptable? Link to comment Share on other sites More sharing options...
FloridaChick Posted May 5, 2010 Report Share Posted May 5, 2010 Can you open a Warka account without a passport? What other forms of ID is acceptable?Radar... You can use a Driver's License also or a State ID card with a picture I had to use my DL because I discovered my passport was expired 1 Link to comment Share on other sites More sharing options...
puppylove Posted May 6, 2010 Report Share Posted May 6, 2010 I asked thisquestion in another post but didn't get an answer, so, maybe someone here will know and respond. I am self proclaimed computer illiterate. When filling out the form for a Warka acct, they ask for a copy of your document (passport or drivers license) , how do you do that?? Just scan it, then send it through with an e-mail ?? Link to comment Share on other sites More sharing options...
FloridaChick Posted May 6, 2010 Report Share Posted May 6, 2010 I asked thisquestion in another post but didn't get an answer, so, maybe someone here will know and respond. I am self proclaimed computer illiterate. When filling out the form for a Warka acct, they ask for a copy of your document (passport or drivers license) , how do you do that?? Just scan it, then send it through with an e-mail ?? Yes Puppylove... Scan your drivers license into a computer and save it as a .jpg or .jpeg file. Then you can upload it on the WARKA website when you fill in the new account form... Click on "individual non-resident alien" and upload your DL jpg. You should also type a text file with your name and address and phone info - asking them to open you a savings account. Sign it and scan it and save it as a .jpg or .jpeg too. Then upload that also. A few days later you will receive an email from Mr Isa giving you your account numbers with further instructions on how to wire funds into the Warka Bank account GO HERE http://www.warka-bank.com/individual.phpI hope this helps Link to comment Share on other sites More sharing options...
puppylove Posted May 7, 2010 Report Share Posted May 7, 2010 Yes Puppylove... Scan your drivers license into a computer and save it as a .jpg or .jpeg file. Then you can upload it on the WARKA website when you fill in the new account form... Click on "individual non-resident alien" and upload your DL jpg. You should also type a text file with your name and address and phone info - asking them to open you a savings account. Sign it and scan it and save it as a .jpg or .jpeg too. Then upload that also. A few days later you will receive an email from Mr Isa giving you your account numbers with further instructions on how to wire funds into the Warka Bank account GO HERE http://www.warka-bank.com/individual.phpI hope this helps Thanks FloridaChick !! I appreciate your help. Link to comment Share on other sites More sharing options...
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