AllforKy Posted July 22, 2010 Report Share Posted July 22, 2010 Ok I'm new at this but I have done my homework on the dinars and know that this could be a very good investment. I have been reading the posts on here for a long time, now i am posting my own for the fisrt time. Its really a ? and a rumor. I live in NC and have been buying dinars from FCB for a while now, but I went in today and was told that they could no longer sell the dinars to civilians, but they are selling them to active military only. Has anyone else heard this or know anything about it? 1 1 Link to comment Share on other sites More sharing options...
DCupp Posted July 22, 2010 Report Share Posted July 22, 2010 (edited) wow. i have not heard of this Edited July 22, 2010 by DCupp Link to comment Share on other sites More sharing options...
dweave69 Posted July 22, 2010 Report Share Posted July 22, 2010 Just an observation, a lot of new members on the site recently. Go RV... 2 2 Link to comment Share on other sites More sharing options...
Kimjackie Posted July 22, 2010 Report Share Posted July 22, 2010 Ok I'm new at this but I have done my homework on the dinars and know that this could be a very good investment. I have been reading the posts on here for a long time, now i am posting my own for the fisrt time. Its really a ? and a rumor. I live in NC and have been buying dinars from FCB for a while now, but I went in today and was told that they could no longer sell the dinars to civilians, but they are selling them to active military only. Has anyone else heard this or know anything about it? I think that if you ask them to open an acct they will sell you Dinars..........Just a thought......................... 1 1 Link to comment Share on other sites More sharing options...
jmilkey Posted July 22, 2010 Report Share Posted July 22, 2010 Ask them to put this in writing....and also ask them if this is a policy for just their branch or for the bank... Did you ask them "Why"? Thanks for the Post Link to comment Share on other sites More sharing options...
AllforKy Posted July 22, 2010 Author Report Share Posted July 22, 2010 Ask them to put this in writing....and also ask them if this is a policy for just their branch or for the bank... Did you ask them "Why"? Thanks for the Post Yes i did ask why and she said they were told they could not sell the dinar unless you are on active duty. even tho you have an account with them. I have been buying from them for a long time with an account because they didnt let u buy them if you didnt have one. We have 3 branches within 15 miles of each other and they all say the same thing. Thanks for the advice on getting it in writing and I will look into it more on monday. I just wondered if anyone else has heard this by their bank? Link to comment Share on other sites More sharing options...
Niko Posted July 22, 2010 Report Share Posted July 22, 2010 Allfor welcome aboard! I'm in raleighwood. Link to comment Share on other sites More sharing options...
AllforKy Posted July 22, 2010 Author Report Share Posted July 22, 2010 Allfor welcome aboard! I'm in raleighwood. Thank you Niko Im WNC area Have you heard anything there about this just thought it was a little werd that they would stop selling to account holders all of a sudden Link to comment Share on other sites More sharing options...
markisuncfan Posted July 22, 2010 Report Share Posted July 22, 2010 Yes i did ask why and she said they were told they could not sell the dinar unless you are on active duty. even tho you have an account with them. I have been buying from them for a long time with an account because they didnt let u buy them if you didnt have one. We have 3 branches within 15 miles of each other and they all say the same thing. Thanks for the advice on getting it in writing and I will look into it more on monday. I just wondered if anyone else has heard this by their bank? I live 45 mins from the HQ branch and hope to cash in some there after RV, some will cash in with Ali too. I am sure they will be glad to see you when you have a pocket fulla $$. Link to comment Share on other sites More sharing options...
Niko Posted July 22, 2010 Report Share Posted July 22, 2010 Allfor, I havent. I'll call a raleigh branch tomorrow. Link to comment Share on other sites More sharing options...
Chief V Posted July 23, 2010 Report Share Posted July 23, 2010 I would definitely argue what this banker told you, George Bush declared a law allowing all US citizens to invest in the Iraqi Dinar, if in fact they are no longer selling to civilians they are breaking the law. The only way I could see that they are selling only to military active duty is in the event you are about to be deployed to Iraq, therefore singling them out. I still don't see that as being the case. So if I were you I'd print this out and take over to your bank and tell them to take your American Dollars and give you some doggone Iraqi Dinars!!!!! Presidential Order 13303, issued on May 28, 2003 by George W. Bush The President Executive Order 13303—Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest VerDate Presidential Documents 31931 Federal Register Vol. 68, No. 102 Wednesday, May 28, 2003 Title 3— The President Executive Order 13303 of May 22, 2003 Protecting the Development Fund for Iraq and Certain Other Property in Which Iraq Has an Interest By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act, as amended (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 5 of the United Nations Participation Act, as amended (22 U.S.C. 287c) (UNPA), and section 301 of title 3, United States Code, I, GEORGE W. BUSH, President of the United States of America, find that the threat of attachment or other judicial process against the Development Fund for Iraq, Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, obstructs the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq. This situation constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States and I hereby declare a national emergency to deal with that threat. I hereby order: Section 1. Unless licensed or otherwise authorized pursuant to this order, any attachment, judgment, decree, lien, execution, garnishment, or other judicial process is prohibited, and shall be deemed null and void, with respect to the following: (a) the Development Fund for Iraq, and ( all Iraqi petroleum and petroleum products, and interests therein, and proceeds, obligations, or any financial instruments of any nature whatsoever arising from or related to the sale or marketing thereof, and interests therein, in which any foreign country or a national thereof has any interest, that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of United States persons. Sec. 2. (a) As of the effective date of this order, Executive Order 12722 of August 2, 1990, Executive Order 12724 of August 9, 1990, and Executive Order 13290 of March 20, 2003, shall not apply to the property and interests in property described in section 1 of this order. ( Nothing in this order is intended to affect the continued effectiveness of any rules, regulations, orders, licenses or other forms of administrative action issued, taken, or continued in effect heretofore or hereafter under Executive Orders 12722, 12724, or 13290, or under the authority of IEEPA or the UNPA, except as hereafter terminated, modified, or suspended by the issuing Federal agency and except as provided in section 2(a) of this order. Sec. 3. For the purposes of this order: (a) The term ‘‘person’’ means an individual or entity; ( The term ‘‘entity’’ means a partnership, association, trust, joint venture, corporation, group, subgroup, or other organization; © The term ‘‘United States person’’ means any United States citizen, permanent resident alien, entity organized under the laws of the United VerDate Jan<31>2003 18:58 May 27, 2003 Jkt 200001 PO 00000 Frm 00003 Fmt 4705 Sfmt 4790 E:\FR\FM\28MYE0.SGM 28MYE0 31932 Federal Register / Vol. 68, No. 102 /Wednesday, May 28, 2003 / Presidential Documents States or any jurisdiction within the United States (including foreign branches), or any person in the United States; (d) The term ‘‘Iraqi petroleum and petroleum products’’ means any petroleum, petroleum products, or natural gas originating in Iraq, including any Iraqi-origin oil inventories, wherever located; and (e) The term ‘‘Development Fund for Iraq’’ means the fund established on or about May 22, 2003, on the books of the Central Bank of Iraq, by the Administrator of the Coalition Provisional Authority responsible for the temporary governance of Iraq and all accounts held for the fund or for the Central Bank of Iraq in the name of the fund. Sec. 4. (a) The Secretary of the Treasury, in consultation with the Secretary of State and the Secretary of Defense, is hereby authorized to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA and the UNPA as may be necessary to carry out the purposes of this order. The Secretary of the Treasury may redelegate any of these functions to other officers and agencies of the United States Government. All agencies of the United States Government are hereby directed to take all appropriate measures within their statutory authority to carry out the provisions of this order. ( Nothing contained in this order shall relieve a person from any requirement to obtain a license or other authorization in compliance with applicable laws and regulations. Sec. 5. This order is not intended to, and does not, create any right, benefit, or privilege, substantive or procedural, enforceable at law or in equity by a party against the United States, its departments, agencies, entities, officers, employees, or agents, or any other person. Sec. 6. This order shall be transmitted to the Congress and published in the Federal Register. GWB THE WHITE HOUSE, May 22, 2003. [FR Doc. 03–13412 Filed 5–23–03; 11:28 am] Billing code 3195–01–P VerDate http://www.treas.gov/offices/enforcement/ofac/legal/eo/13303.pdf 2 Link to comment Share on other sites More sharing options...
markisuncfan Posted July 23, 2010 Report Share Posted July 23, 2010 Allfor, I havent. I'll call a raleigh branch tomorrow. The downtown branch on Fayetteville St Mall is the one to call I would think. That is the main branch. Link to comment Share on other sites More sharing options...
truckerron49 Posted July 23, 2010 Report Share Posted July 23, 2010 You noticed that too.. Me also,,,, from in the back......... 1 Link to comment Share on other sites More sharing options...
SimoneC777 Posted July 23, 2010 Report Share Posted July 23, 2010 You noticed that too.. There sure are a lot hmm! makes you wonder what is up? Link to comment Share on other sites More sharing options...
AllforKy Posted July 23, 2010 Author Report Share Posted July 23, 2010 I would definitely argue what this banker told you, George Bush declared a law allowing all US citizens to invest in the Iraqi Dinar, if in fact they are no longer selling to civilians they are breaking the law. The only way I could see that they are selling only to military active duty is in the event you are about to be deployed to Iraq, therefore singling them out. I still don't see that as being the case. So if I were you I'd print this out and take over to your bank and tell them to take your American Dollars and give you some doggone Iraqi Dinars!!!!! http://www.treas.gov/offices/enforcement/ofac/legal/eo/13303.pdf Thank you Chief V I have read your posts here for a long time now and I respect your views and your help. I will ask again Monday and have this information in hand. again thank you very much. 1 Link to comment Share on other sites More sharing options...
waitn Posted July 23, 2010 Report Share Posted July 23, 2010 When it comes to our banks in the US I would not be taking any new policy or procedure as a "SIGN" they simply sell and exchange for our Armed forces because it is good business and needed from and for our troops. For those of you unfamilar with our banking system internally in the States. NO MANGER, branch employee, VP anything like that is going to have rear intel on our investment. Banks give out VP titles like a dentist gives toothbrushes. Retail banking employees no matter what their level of management will not get a heads up on this or ANY investment, market movement in advance. Don't make nothing into something. Link to comment Share on other sites More sharing options...
markisuncfan Posted July 23, 2010 Report Share Posted July 23, 2010 Allfor welcome aboard! I'm in raleighwood. I am right around ole Raleighwood at Falls lake. Howdy neighbor LOL. Link to comment Share on other sites More sharing options...
jmilkey Posted July 23, 2010 Report Share Posted July 23, 2010 Ask them to put this in writing....and also ask them if this is a policy for just their branch or for the bank... Did you ask them "Why"? Thanks for the Post Link to comment Share on other sites More sharing options...
Niko Posted July 23, 2010 Report Share Posted July 23, 2010 I am right around ole Raleighwood at Falls lake. Howdy neighbor LOL. whats up brother! Link to comment Share on other sites More sharing options...
sidewinder615 Posted July 23, 2010 Report Share Posted July 23, 2010 I am right around ole Raleighwood at Falls lake. Howdy neighbor LOL. I'm roughly 72 miles west of Raleigh. Straight out Hwy 64. Asheboro, NC Link to comment Share on other sites More sharing options...
markisuncfan Posted July 23, 2010 Report Share Posted July 23, 2010 I'm roughly 72 miles west of Raleigh. Straight out Hwy 64. Asheboro, NC If you and Niko fish.....look me up. I go to Falls ALOT. Too dammmmed hot at this moment though. Link to comment Share on other sites More sharing options...
sidewinder615 Posted July 23, 2010 Report Share Posted July 23, 2010 If you and Niko fish.....look me up. I go to Falls ALOT. Too dammmmed hot at this moment though. It sure is. Just watching the news where it's so hot that some roads have buckling asphalt in Winston Salem. Link to comment Share on other sites More sharing options...
Niko Posted July 23, 2010 Report Share Posted July 23, 2010 If you and Niko fish.....look me up. I go to Falls ALOT. Too dammmmed hot at this moment though. lol I live 5 min from Falls brother. Link to comment Share on other sites More sharing options...
keepmwlknfny Posted July 23, 2010 Report Share Posted July 23, 2010 lol I live 5 min from Falls brother. Niko you probly live right where i was....i lived right there off durant and ravenridge forever....i miss it back home.... Link to comment Share on other sites More sharing options...
ROACH Posted July 23, 2010 Report Share Posted July 23, 2010 I think I hear banjos playing.... 1 1 Link to comment Share on other sites More sharing options...
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