Dinman1 Posted May 18, 2011 Report Share Posted May 18, 2011 Hi. I'm relatively new to the Dinar investment. Three months now. I hate to start my first topic by asking what may be a dumb question and I didn't find it asked anywhere else. But as we get closer to the RV I would like to know something concerning the cashin. I will probably wait and shop around for a good deal and get other things done first. I bought my Dinar from a bank. At that time the rate applied to the day in which I bought them. Everything done in a few minutes. After RV and it is a floating rate that can change quickly I guess with supply and demand or whatever and come cash in time, I'll probably cash in at a bank. To my knowledge if the bank does not have a Del a Rue ( If I'm spelling it correctly) machine to check the currency, it will be sent to a US Treasury location to be checked along with the Fichen form that was completed at the bank.Then if ok it will then be wired to the bank of my choice. The process from start to finshed can take up to a week to complete. OK. At cash in time, at what point am I credited for the Dinar rate? Is it the time at which I take the Dinar to the bank and fill out the Fichen form or after the Dinar has been validated by the UST or after that and the wire transfer completed? May seem like a moot point, but would like to have this confirmed in my mind. Could also make a difference if there is a time limit to cash in or a huge fluctuation in the rate. I know so much emphasis is put on the Del A Rue machine being on site when cashing in. Also can anyone quote a reference such as a regulation or law or can speak from having gone through a similar experience? Also how can one find out where or if certain banks like Capital One have the machine? Actually that is about 4 questions. Link to comment Share on other sites More sharing options...
Thor363 Posted May 18, 2011 Report Share Posted May 18, 2011 Join VIP and get the pre negotiated better rates that Adam has arranged, plus the other benefits of post-RV options and counsel. Post RV the banks will simply hose the snot out of ya! Link to comment Share on other sites More sharing options...
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