Anyone know if its illegal to import Dinars? See Article.

[Patrick88]

Speculators in Iraqi Dinar Face Importation Risk with Paper Currency

Date: 29 December 2010

Contributed by PRWeb

"The formation of a government in Iraqi last week has re-energized speculators in the Iraqi Dinar" says David http://iqd.me/l/11 of U.S. Dinar Bank who cautions people that while these recent events are encouraging, people should heed the statements made by the Iraqi Ministry of Finance ?? Iraqi Customs does not permit the entry of IQD currency and will confiscate funds, and that FedEx is not permitted to handle and deliver IQD currency in or out of Iraq?.

San Diego, CA (PRWEB) December 29, 2010

"The formation of a government in Iraqi last week has re-enrgized speculators in the Iraqi Dinar" says David http://iqd.me/l/11 of U.S. Dinar Bank who cautions people that while these recent events are encouraging, people should heed the statements made by the Iraqi Ministry of Finance ?? Iraqi Customs does not permit the entry of IQD currency and will confiscate funds, and that FedEx is not permitted to handle and deliver IQD currency in or out of Iraq?.

While thousands of U.S. Servicemen, and contractors in Iraqi purchased paper Dinar in anticipation of what appears to be an impending revaluation, they may have overlooked the fact that Iraq currency is a national currency only to be used and handled within the Republic of Iraq and not to be used, circulated, or handled internationally in any way.

According to David http://iqd.me/l/11, of US Dinar Bank, http://www.usdinarbank.com, "the statements above illustrate a major risk to investors owning the paper currency of Iraq and it may affect their capability to redeem it at any given time in the future?. He further states that Americans are free to have a bank account and purchase Dinar without taking those Dinar out of Iraq and be compliant with the regulations of the Iraqi government.

Mr. http://iqd.me/l/11 and U.S. Dinar Bank facilitate commercial banking relationships for Iraq?s Al Warka Bank. The U.S. Dinar Bank does not handle Iraq?s paper currency in any way.

Mr. http://iqd.me/l/11 may be reach by telephone 619- 819-5676.

[TimS]

Come on.....this has been posted at least 6 times since wednesday

[Darin]

Would make sense.. Dinar taken out of Iraq would not be traceable.. It would be money they can not account for and believe to be within the nation.

[johnfagan]

Maybe it's been posted 6 times already because of it's validity. NO RV.

[newest member]

So the truth is out... Recycle your currency here for free

[markst]

Looks like Mr. http://iqd.me/l/11 and Warka Bank wants us to do business with them. Smells like a sales pitch. Im not buying...

Edited December 30, 2010 by markst

[TimS]

Looks like Mr. http://iqd.me/l/11 and Warka Bank wants us to do business with them. Smells like a sales pitch. Im not buying...

SOUNDS LIKE IT TO ME ALSO

[Lonzworth]

Every nation's currency is it's "national currency."

As of right now, this currency is worthless outside of Iraq.

Those two points are true.

Once this RV's and is listed on the ForEx-- the rules he's stating no longer apply.

[Jim1cor13]

Sorry, this has been around the block a few times, so to speak.

I understand your concern, but realize it is a promotion based article via PRWEB.

Mr. http://iqd.me/l/11 works on the bank side assisting people setting up Al Warka bank accounts

which are legitimate. That is his right, but it is not his right to instill fear in order to get people to

handle things "his way". Notice after he makes his statement...then he says investors *may*

have a problem in redeeming their dinars. It really is a clever way he handled it, but he made his point

and caused some worry, and maybe even got some business from it.

As far as I know, it contains some truth, as with the fed-ex comments that do jive with their own website,

but they are still delivering as far as I know and that makes them liable also....you see what I mean?

I do not think there is anything to worry about regarding this article. The lack of specificity makes it sound like

we all are 'potentially' involved in illegal activity...this is not true.

Please, someone correct me if I have missed something

All my best!

Jim

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