army03 Posted October 13, 2011 Report Share Posted October 13, 2011 (edited) I just got off the phone with a manager at fifth of the third bank located in Yorkville, IL. After handling personal information about my account I decided to ask her about IQD. Now, get this she stated to me they would not be cashing in any Dinars when the RV comes, I asked her to repeat that please and she said it again. So, I said to her why would the bank sell them to us and won't honor them doing cash in, she said something about the bank didn't want to be reponseable for people that are investing in IQD and the bank intent during the period they did sell to us was supposely for daily travel only. I'm going to call another 5/3rd bank because she said all 5/3rd...Could somebody outside of IL check this out....I might need to close this account and go with another bank in the area. Edited October 13, 2011 by army03 1 1 Link to comment Share on other sites More sharing options...
pastorbigal Posted October 13, 2011 Report Share Posted October 13, 2011 That does not sound good at all Link to comment Share on other sites More sharing options...
dhardage Posted October 13, 2011 Report Share Posted October 13, 2011 I am not sure that is 100% legal. Especially if/when it goes "international" Link to comment Share on other sites More sharing options...
Heinzy444 Posted October 13, 2011 Report Share Posted October 13, 2011 Thanks... but who cares about one banks opinion or bus. practices. 5 Link to comment Share on other sites More sharing options...
FlintNPebbles Posted October 13, 2011 Report Share Posted October 13, 2011 I just got off the phone with a manager at fifth of the third bank located in Yorkville, IL. After handling personal information about my account I decided to ask her about IQD. Now, get this she stated to me they would not be cashing in any Dinars when the RV comes, I asked her to repeat that please and she said it again. So, I said to her why would the bank sell them to us and won't honor them doing cash in, she said something about the bank didn't want to be reponseable for people that are investing in IQD and the bank intent during the period they did sell to us was supposely for daily travel only. I'm going to call another 5/3rd bank because she said all 5/3rd...Could somebody outside of IL check this out....I might need to close this account and go with another bank in the area. I think they will change their policy once it rv's..they won't want to miss out on the spread! BTW..you are right next door to me! Link to comment Share on other sites More sharing options...
army03 Posted October 13, 2011 Author Report Share Posted October 13, 2011 I think they will change their policy once it rv's..they won't want to miss out on the spread! BTW..you are right next door to me! I'm in Ottawa,IL... Link to comment Share on other sites More sharing options...
FlintNPebbles Posted October 13, 2011 Report Share Posted October 13, 2011 Still pretty close We are in Plano. Link to comment Share on other sites More sharing options...
VanessaL4100 Posted October 13, 2011 Report Share Posted October 13, 2011 Very interesting.. I should call my fifth third that is right down the road. That is where we bought ours in February, and May of last year. They stated over and over again they will cash in dinar. However, that was also almost a year ago since I've talked to them.. Thanks for the story. Link to comment Share on other sites More sharing options...
InItSince05 Posted October 13, 2011 Report Share Posted October 13, 2011 Trust me, these banks knew people were buying it for the possible revaluation and not because they were traveling to Iraq. They are covering the arses because they may be liable if this investment goes another way than expected by most of us. They will be knocking down your door for business if/when the dinar revalues. 3 Link to comment Share on other sites More sharing options...
Heavyduty053 Posted October 13, 2011 Report Share Posted October 13, 2011 I just got off the phone with a manager at fifth of the third bank located in Yorkville, IL. After handling personal information about my account I decided to ask her about IQD. Now, get this she stated to me they would not be cashing in any Dinars when the RV comes, I asked her to repeat that please and she said it again. So, I said to her why would the bank sell them to us and won't honor them doing cash in, she said something about the bank didn't want to be reponseable for people that are investing in IQD and the bank intent during the period they did sell to us was supposely for daily travel only. I'm going to call another 5/3rd bank because she said all 5/3rd...Could somebody outside of IL check this out....I might need to close this account and go with another bank in the area. Hold on this may just abe a disgruntled manager being negative because it does not apply to all 5/3 banks. My account is at 5/3 in nashville and that is where i bought most of mind until they ceased selling in august but they resured me just last week that they will cash it in when i am ready at the current day's rate on computer. I wouldn't put much faith in what she said. 2 Link to comment Share on other sites More sharing options...
army03 Posted October 13, 2011 Author Report Share Posted October 13, 2011 Thanks everybody... Link to comment Share on other sites More sharing options...
sheik Posted October 13, 2011 Report Share Posted October 13, 2011 Typical bank story yielding nothing whatsoever. 1 1 Link to comment Share on other sites More sharing options...
Brisco Posted October 13, 2011 Report Share Posted October 13, 2011 This is TOTAL smoke THINK ABOUT IT 1st they cannot legally not trade an international currency. & 2nd and most important the banks DO NOT want LARGE NUMBERS of employees leaving due to FINANCIAL FREEDOM from them. Just think what would happen if a large percent of Americans anywhere new about this? NOBODY & I Repeat NOBODY would show up for work. POST RV That is why we should thank our LUCKY stars and LORD above that WE even know about this. Well THAT'S my story and I'am sticking to it. 3 Link to comment Share on other sites More sharing options...
EGK Posted October 13, 2011 Report Share Posted October 13, 2011 I was told 2 months ago by a personal banker that they got a letter from the treasury department saying they will not pay the higher rate only the purchase rate because the treasury department wouldn't reimburse them. However, there will be ways around this. I would not let the bank take the physical notes because you may never see them again. HSBC banks may allow you to put the money in an account that is like a trading account where it goes up or down according to the daily rate of the Forex and one can put in orders for cashing out what you need as you go along. Then of course there is the element of competition... If any bank pays out the others won't watch one do it while they watch. Third, our military is heavily invested and if our treasury department is going to screw them---- the administration that is already hanging by a thread with the white hats in the Pentagon---- may finally snap the camels back. A military removal of criminals in government will likely go in our favor. Then there are other countries and travel. https://www.facebook.com/GlobalSettlements 1 Link to comment Share on other sites More sharing options...
ssmith Posted October 13, 2011 Report Share Posted October 13, 2011 I just got off the phone with a manager at fifth of the third bank located in Yorkville, IL. After handling personal information about my account I decided to ask her about IQD. Now, get this she stated to me they would not be cashing in any Dinars when the RV comes, I asked her to repeat that please and she said it again. So, I said to her why would the bank sell them to us and won't honor them doing cash in, she said something about the bank didn't want to be reponseable for people that are investing in IQD and the bank intent during the period they did sell to us was supposely for daily travel only. I'm going to call another 5/3rd bank because she said all 5/3rd...Could somebody outside of IL check this out....I might need to close this account and go with another bank in the area. My bank said the same thing, but it's just because it's not a tradable international currency yet.... It will be soon & my bank said ; yes they would love to business with me..Also don't seek info from a bank teller, day trader from Texas, security guards , hair dresser's, okie, guru's, etc.. IMO 1 Link to comment Share on other sites More sharing options...
EGK Posted October 13, 2011 Report Share Posted October 13, 2011 dinar banker said they would cash in their customers. Link to comment Share on other sites More sharing options...
Brisco Posted October 13, 2011 Report Share Posted October 13, 2011 Typical bank story yielding nothing whatsoever. Actually it yields volumes THEY SOLD IT TO YOU BUT WONT BUY IT BACK ? Even after RV ? does that not make you go Hmmmmmmmmm Lets say we owned the Bank and over time HUNDREDS of our Employees have been ordering and selling MILLIOMS of DINAR and all the while been recieving HUNDREDS of phone calls about this DINAR it woyuld create curiosity that could potentially harm our staffing numbers. Now we realize that if even 10% of our Employees 3% being Management become WEALTHY post RV we have a BIG PROBLEM Banks are use to DICTATING policy and prosedures to employees, This is their way of Crisis Management. EVERY PICTURE TELLS A STORY DONT IT 4 Link to comment Share on other sites More sharing options...
AENewman Posted October 13, 2011 Report Share Posted October 13, 2011 If they don't want peoples business so be it.... Link to comment Share on other sites More sharing options...
Redhorse Posted October 16, 2011 Report Share Posted October 16, 2011 Sounds like a lot of BOLOGNA to me. Wait N see when it RVVVVVVVVVVVVVVSSSSSSSSSSSS Link to comment Share on other sites More sharing options...
Jaxinjersey Posted October 16, 2011 Report Share Posted October 16, 2011 I'm just not sure why all these bank stories concern themselves with the cash in possibilities. It really doesn't matter right now what any of the banks say... it's the cart before the horse! Link to comment Share on other sites More sharing options...
Hamels Posted October 16, 2011 Report Share Posted October 16, 2011 I am not sure that is 100% legal. Especially if/when it goes "international" Exactly Right, when it becomes an offical international reconized currency, banks will be bending over backwards to your business Link to comment Share on other sites More sharing options...
Heinzy444 Posted October 16, 2011 Report Share Posted October 16, 2011 (edited) I just got off the phone with a manager at fifth of the third bank located in Yorkville, IL. After handling personal information about my account I decided to ask her about IQD. Now, get this she stated to me they would not be cashing in any Dinars when the RV comes, I asked her to repeat that please and she said it again. So, I said to her why would the bank sell them to us and won't honor them doing cash in, she said something about the bank didn't want to be reponseable for people that are investing in IQD and the bank intent during the period they did sell to us was supposely for daily travel only. I'm going to call another 5/3rd bank because she said all 5/3rd...Could somebody outside of IL check this out....I might need to close this account and go with another bank in the area. A Bank named after an improper fraction should not be trusted. Edited October 16, 2011 by Heinzy444 2 Link to comment Share on other sites More sharing options...
army03 Posted October 17, 2011 Author Report Share Posted October 17, 2011 A Bank named after an improper fraction should not be trusted. Ture that.....Awesome... Link to comment Share on other sites More sharing options...
2sisters Posted October 17, 2011 Report Share Posted October 17, 2011 I just got off the phone with a manager at fifth of the third bank located in Yorkville, IL. After handling personal information about my account I decided to ask her about IQD. Now, get this she stated to me they would not be cashing in any Dinars when the RV comes, I asked her to repeat that please and she said it again. So, I said to her why would the bank sell them to us and won't honor them doing cash in, she said something about the bank didn't want to be reponseable for people that are investing in IQD and the bank intent during the period they did sell to us was supposely for daily travel only. I'm going to call another 5/3rd bank because she said all 5/3rd...Could somebody outside of IL check this out....I might need to close this account and go with another bank in the area. I closed my account with them shortly after they would not sell...bank receipts also changed from normal amount purchased and cost to ,,,"Fifth Third does not intend for the service to be used as an investment vehicle" Link to comment Share on other sites More sharing options...
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