My Personal Bank Story

[dhardage]

I have two bank stories. The first bank I went into and asked them if they would be exchanging the Iraqi dinar when it revalues. The lady looked at me like I was speaking Chinese. Finally the next teller spoke up and said no. I walked away kind of embarrassed. The next bank I went to I told the manager that I was expecting a big windfall from an investment and wanted to know what kind of rates he could give me for a million dollars on a money market account. He asked me if my investment was the Iraqi dinar and I said yes. He kind of chuckled and said "well come back when you get the money and we'll talk about it" as he sort of escorted me to the door. I walked away thoroughly humiliated. I suspect that most of the true stories are similar to mine.

ohhhhhhh sorry Sam!

[Canuklady]

Hi Dinar4Dinner. Thanks for your welcome! Love the name by the way. Yes, it was in Wednesday's chat. Although Adam didn't give a specific higher rate, when responding to one question, he did imply that inflation could cause the rate to go up. Did anyone else also hear this or am I way off base here? But again, he didn't give a specific number. I had been thinking for a while it would RV at 86 cents (just my personal opinion) but had been sticking to Adam's 10 cent math. After Wednesday's chat I gave myself permission to dream a little. Here's to hoping the 10 cent math is actually way too low! Whatever happens I have to say this is the craziest, most exciting ride I've been on, other than parenthood! Have a great weekend!

Congrats on having the courage to post in here, Canuklady; it gets a bit warped in here at times. So I missed that comment by Adam - where was it?

Thanks in advance.

Peace Out

Sorry everyone. I was responding to this question and forgot to quote it. My apologies.

Edited October 9, 2011 by Canuklady

[FOEOKIEOILMAN]

[OKIEOILMAN] TONY JUST HAD HIS CPA CONTACT ON THE PHONE. SCISSOR TAIL

[Canuklady]

Hi Dinar4Dinner. Thanks for your welcome! Love the name by the way. Yes, it was in Wednesday's chat. Although Adam didn't give a specific higher rate, when responding to one question, he did imply that inflation could cause the rate to go up. Did anyone else also hear this or am I way off base here? But again, he didn't give a specific number. I had been thinking for a while it would RV at 86 cents (just my personal opinion) but had been sticking to Adam's 10 cent math. After Wednesday's chat I gave myself permission to dream a little. Here's to hoping the 10 cent math is actually way too low! Whatever happens I have to say this is the craziest, most exciting ride I've been on, other than parenthood! Have a great weekend!

Sorry everyone. I was responding to this question and forgot to quote it. My apologies.

Ok just reread the chat. Xyzzy is right. What Adam actually said is if inflation gets out of control, the value of the Dinar would get out of control ( drop ) which is why they have to raise the value. He went on to say that although he recognizes it could Lop, he doesn't believe a Lop would raise the value of the Dinar. Though Adam said he also recognized it could go back to the prewar value, around 3 bucks, he didn't say when that would be. I think he obviously meant it would climb there post RV as opposed to three bucks being the starting point. My apologies everyone. But I still like my 86 cent math way better than the 10 cent math! The good news is he does believe this ride will be over by Thanksgiving!

[Francie26]

I think Adam's guesstimate of an RV by Thanksgiving is in the transcript of the last Wed chat. I don't recall him changing his view of the rate as being more than his usual number of a dime.

I believe he mentioned $3 this time.

[tandy]

I didn't know what exactly to call it.

I didn't want to say just trailer, then some might think moble home or camper.

It's a utility trailer that I use to haul my lawn mower back and forth from my house to my ex's house.

Just a little 5'x8', that's all.

Krome...being as you brought the bank story to the table...I believe it cause you got credibility in my book Cuz...and if you is mowing your ex's lawn you is the gentleman too....you the man (5X8 your ex or the trailer?)

[Benjamin NutnYahoo]

Well this is first hand with my very own bank story.

I've been going to the same SunTrust bank in Ft.Myers Florida for some time.

This branch had never sold dinar, and when asked, they really didn't know

much other than they were not dealing with it.

Today during my lunch break, I went to re-new the tags for my lawn trailer, and then to deposit my pay check at the SunTrust bank branch in North Fort Myers.

I was making small talk with the teller(KIm). They had installed new bullet-proof glass since the last time I had been there and some kind of device that spit out the cash/bills that I was getting cash back from. Thought the device kinda neat, never seeing anything like that in a bank before. Usually they just open a drawer for the cash.

Anyway, I asked her if they would be dealing with the Iraqi dinar when it revalues, and she said yes. I was surprised, as the other branch had always told me no. I then asked her if she knew when it might revalue, she hesitated and looked at the other teller who gave an odd look, then turned back to me and said no, that she did not.

I asked if there was any truth to the "green" screens and "swift codes." She quickly stated no such thing as a green screen, but did confirm swift codes. We both acknowledged that there was a lot of lies floating around on the internet.

She smiled and I walked out and went back to work.

The end.

Sorry, no happy ending.

Not yet anyway.

Nice Fairy Tai....errr I mean story. I like the part when the Tellers give each other an odd look. Gives depth and imagination to the story.

[RValreadywillya]

Well this is first hand with my very own bank story.

I've been going to the same SunTrust bank in Ft.Myers Florida for some time.

This branch had never sold dinar, and when asked, they really didn't know

much other than they were not dealing with it.

Today during my lunch break, I went to re-new the tags for my lawn trailer, and then to deposit my pay check at the SunTrust bank branch in North Fort Myers.

I was making small talk with the teller(KIm). They had installed new bullet-proof glass since the last time I had been there and some kind of device that spit out the cash/bills that I was getting cash back from. Thought the device kinda neat, never seeing anything like that in a bank before. Usually they just open a drawer for the cash.

Anyway, I asked her if they would be dealing with the Iraqi dinar when it revalues, and she said yes. I was surprised, as the other branch had always told me no. I then asked her if she knew when it might revalue, she hesitated and looked at the other teller who gave an odd look, then turned back to me and said no, that she did not.

I asked if there was any truth to the "green" screens and "swift codes."

Having worked at a bank for 13+ years. Tellers are not going to have information regarding foreign currency. That information is handled by upper management/ investment department.

I just have to laugh reading these banking stories where the teller gave me this rate and this date. Or the screen is this color or that color.