DINAR ARE SOLD IN KUWAIT

[poorman]

Dinar Investors,

The following statement is a response from the Deputy Commercial Attache, Iraqi Embassy in Washington DC regarding my request for monetary policy information.. It would appear that if what this Republic of Iraq government representative is saying here is in fact true, a Dinar denominated commercial bank account is most likely the only legal vehicle, according to Iraqi law, with which anyone physically outside the Republic of Iraq may own the Iraqi Dinar. I suggest you scroll down, begin from the bottom and read up. Then draw your own conclusion.

Thank you,

David http://iqd.me/l/11

David http://iqd.me/l/11

www.us*************

Fri, January 14, 2011 9:22:40 AM Clarification on Iraqi Monetary Policy

From: amjad jaafer View Contact

To: http://iqd.me/l/11

Cc: commercial attache <COMMERCIALATTACHE@ICOUS.ORG>

--------------------------------------------------------------------------------

Dear Sir,

Thank you for contacting the Iraqi Commercial Attache in Washington DC. Reference to your inquire we would like to inform you that as of now it is illegal to sale Iraqi currency outside Iraq. You can visit Iraq central bank website (http://www.cbi.iq/arabic/index.html) to get more details about Monetary policy in Iraq.

Thanks

Amjad A. Rajeb

Deputy Commercial Attache

Iraqi Commercial Office

Embassy of the Republic of Iraq

1155 15th Street, NW. Suite# 1100

Washington, DC 20005

O: (202) 822-2088

F: (202) 822-8113

E: amjad.jaafer@icous.org

From: David http://iqd.me/l/11 <http://iqd.me/l/11>

Date: Wed, 12 Jan 2011 16:37:22 -0800 (PST)

To: <comm

Subject: Fw: Clarification on Iraqi Monetary Policy

Gentlemen,

Forgive me for sending in a second request for the information I requested only hours ago below. This information is extremely important and considered urgent by many and I am trying to assist them . I appreciate your allocating time to helping us.

Thank you again.

David http://iqd.me/l/11

David http://iqd.me/l/11

----- Forwarded Message ----

From: David http://iqd.me/l/11 <pra*****ahoo.com>

To: commer****he@ico**************us.org

Sent: Wed, January 12, 2011 12:40:33 PM

Subject: Clarification on Iraqi Monetary Policy

Dear Sir,

I would like to have information regarding the current policies of the Iraqi Government and Central Bank of Iraq concerning the Iraqi Dinar and whether it is legal or illegal according to the laws of the government of Iraq to have the Iraqi Dinar currency outside the borders of the country of Iraq in any way at this time.

A clear statement of the facts regarding the Iraqi Dinar paper currency and the rules and regulations those in possession of it should be aware of would be sufficient. If you could have my request answered quickly with the response written on your letterhead, then scanned and e-mailed back to me at this address as soon as possible I would be very grateful.

Thank you for your prompt attention to this matter.

Very Sincerely Yours,

David http://iqd.me/l/11

Edited May 17, 2011 by pleasantvalleySunday
no personal info allowed

[mariejose]

He is a class A jerk

[wicked93gs]

Yes...Dinar is sold in kuwait,,..at almost any corner exchange, I bought a mil while I was there,,,at a cost of about $840 about a month ago or so, this is not news, it is only illegal to take IQD out of Iraq if you are US military or a civilian contractor subcontracting to the military, which is what he was referring to I am sure

[TheUnspoken]

I would of told him it is illegal too if he would leave me the F alone.

[Dalite]

Aside from the post not mentioning anything about the topic, and the use of the word sale instead of sell in correspondence from Washington, DC.... The message formatting looks good...

One thing for sure, there is an agenda here; I'm not sure whom it belongs to, or who it benefits, but certainly some "attitude" in these posts...

At any rate, if any fraud is being perpetuated by these posts, there is enough horsepower present on DV to supplement income...

[Jim1cor13]

Dinar Investors,

The following statement is a response from the Deputy Commercial Attache, Iraqi Embassy in Washington DC regarding my request for monetary policy information.. It would appear that if what this Republic of Iraq government representative is saying here is in fact true, a Dinar denominated commercial bank account is most likely the only legal vehicle, < NOT true according to Coalition Provisional Authority Order 39 which makes provision for the possession of Iraqi legal tender....Section 7 Implementing Foreign Investment

1) A foreign investor may implement foreign investment using, among other things,

freely convertible currencies or Iraqi legal tender, in the following forms:

a) establishing a wholly foreign-owned business entity in Iraq, including as a

subsidiary of a foreign investor;

b ) establishing a business entity jointly with an Iraqi investor;

c) establishing a branch office, as set forth in Section 5 herein; and

d) directly acquiring an investment.

2) A foreign investor shall be authorized to:

a) possess, use, and dispose of its investments;

b ) manage or participate in managing a business entity;

c) transfer its rights and obligations to other persons in accordance with the law;

d) transfer abroad without delay all funds associated with its foreign investment,

including:

i) shares or profits and dividends;

ii) proceeds from the sale or other disposition of its foreign investment or a

portion thereof;

iii) interest, royalty payments, management fees, other fees and payments made

under a contract; and

iv) other transfers approved by the Ministry of Trade;

e) exercise any other authority conferred upon it by law.

3) The Finance Minister and the Minister of Planning may jointly issue regulations to

assist in the implementation of this Order.

As far as I can tell, Mr. http://iqd.me/l/11 is not being honest according to the above mentioned

CPA order 39.

I hope this puts yet another attempt from Mr. http://iqd.me/l/11 at scaring people into

banking with him to rest.

Thanks poorman for posting this and hopefully the above helps to

bring truth to these kind of stories. As far as I understand, the SOFA

agreement section 20 does state that military personnel are NOT allowed to

export Iraqi currency outside of Iraq, including contractors, *but*, CPA order 39

DOES allow the acquisition of Iraqi legal tender.

If I am in error, please correct.

All my best!

Jim

---

Edited May 17, 2011 by Jim1cor13

[hambones]

'If we look at his wording, seems to me he is being very careful with his words." As of now",

, Intereswting choice of words.

Hambones

Thank you for contacting the Iraqi Commercial Attache in Washington DC. Reference to your inquire we would like to inform you that as of now it is illegal to sale Iraqi currency outside Iraq. You can visit Iraq central bank website (http://www.cbi.iq/arabic/index.html) to get more details about Monetary policy in Iraq.

Read more: http://dinarvets.com/forums/index.php?app=forums&module=post&section=post&do=reply_post&f=6&t=66836#ixzz1MZ8n5ALF

[pokerplayer]

removed -- inappropriate and unnecessary

RVThereYet!, as a new member, you are not starting off to well with these kind of posts. This is a site for serious Investors. Sure I have made some questionable posts as well, but the same token, I have been here a spell as well and try to contribute in an educational manner when I can.

I suggest you sit on your hands and do more reading and less typing.

pp

Edited May 17, 2011 by pleasantvalleySunday

[motox565]

Illegal to sell currency? lol

13303 is epiring may 22 ......

[Jim1cor13]

13303 is epiring may 22 ......

Hi moto

EO 13303 is not the order that allowed investment

relating to currency. CPA order 39 does allow this and

as far as I understand, that order 39 is NOT expiring, but

13303 is.

Again, if I am in error, please correct.

All my best!

Jim

---

[speculatorsRIDE]

Thank you for contacting the Iraqi Commercial Attache in Washington DC. Reference to your inquire we would like to inform you that as of now it is illegal to sale Iraqi currency outside Iraq. You can visit Iraq central bank website (http://www.cbi.iq/arabic/index.html) to get more details about Monetary policy in Iraq.

Read more:

Looks to me as if he says it is illegal to sell the Iraqi currency outside of Iraq. I guess I don't have to worry since I am not selling mine. The dealers may have a problem with this wording. I am thinking out loud now. Perhaps we have finally stumbled onto the reason why Ali left and the banks have stopped selling.

[RVThereYet!]

Wow........guess I stepped on some toes.......alot of the stuff I've read on here should be in the joke section!.....If u take everything u read on here serious...u may not be around for the RV!!!

[Great199]

There wouldnt have been a single bank selling the IQD if it were illegal. In my opinion this guy is questionable.

[Scottlassie]

I agree with Great199.. duh.. Mr. http://iqd.me/l/11 is a errr.a http://iqd.me/l/11. Tell alot of the American banks that (Who sold me mine).. that they are committing fraud.. can you spell Lawsuit.. like a massive one. .Get a job http://iqd.me/l/11. LOL.

[motox565]

Hi moto

EO 13303 is not the order that allowed investment

relating to currency. CPA order 39 does allow this and

as far as I understand, that order 39 is NOT expiring, but

13303 is.

Again, if I am in error, please correct.

All my best!

Jim

---

DANG!!!!! over just like that!

There goes my bid for the next Guru opening ........

Thanks alot Jim! lol .......

PS .... sincerely, I appreciate your input .....

Thanks!

MOTO