lynnkit Posted February 24, 2010 Report Share Posted February 24, 2010 I was wondering if an body from Ohio knows of any Banks here that will cash in our Dinar. Any idea of the %I bought mine from Ali at DT, but I'm not sure if it is safe to cash in with him. Any ideas on cashing in with Dinar Trade?Thanks for your help. Link to comment Share on other sites More sharing options...
imjustme0502 Posted February 24, 2010 Report Share Posted February 24, 2010 Hi lynnkit - I live in Ohio and I have contacted Chase Bank and they accept dinars. Give them a call. Link to comment Share on other sites More sharing options...
oxford2517 Posted February 24, 2010 Report Share Posted February 24, 2010 yes i live near cincy if u open acct with 5th 3rd there is no fee for cashing $200.00 or more of any currency so open acct with them Link to comment Share on other sites More sharing options...
inheritance Posted February 24, 2010 Report Share Posted February 24, 2010 Ohio then 5th 3rd is your bank : ) Link to comment Share on other sites More sharing options...
WHATTHE Posted February 24, 2010 Report Share Posted February 24, 2010 Ohio then 5th 3rd is your bank : )that is my plan...bought my last batch from there some time ago. do they still sell them? Link to comment Share on other sites More sharing options...
oxford2517 Posted February 24, 2010 Report Share Posted February 24, 2010 in cincy area they still are friend bought some 2 weeks ago if that helps Link to comment Share on other sites More sharing options...
rj-01 Posted February 24, 2010 Report Share Posted February 24, 2010 I too am at 5th 3rd in Columbus. The Chase near me does NOT deal in Dinar when I asked back in November. The $200 is correct BUT look out for the spread. For example, if the RV was $1.00, 5th 3rd may give you 0.99 cents - taking .01 for them selves. That is $10K per million !! I already alerted my branh manger I expect full value. After all, if they can charge me about $200(again the spread) to purchase 1MM Dinar, they can charge me the same amount to buy it back. Their over head involved to process did not change. Link to comment Share on other sites More sharing options...
lynnkit Posted February 24, 2010 Author Report Share Posted February 24, 2010 I too am at 5th 3rd in Columbus. The Chase near me does NOT deal in Dinar when I asked back in November. The $200 is correct BUT look out for the spread. For example, if the RV was $1.00, 5th 3rd may give you 0.99 cents - taking .01 for them selves. That is $10K per million !! I already alerted my branh manger I expect full value. After all, if they can charge me about $200(again the spread) to purchase 1MM Dinar, they can charge me the same amount to buy it back. Their over head involved to process did not change.Thank you everybody for your help and advise. rj-01 when you spoke to the branch manager did it seem like we will be able to negotiate their fees like this? Did he agree to pay you the full amount?I feel so ignorant about all of this, we have no experience with any foreign currency exchanging except when we travel and just have a little left over from a trip.I just don't want to be taken advantage of. My husband is from Columbus. We live in Cambridge. I know we will need to go to a bigger city, which is fine, we don't mind the trip. Just trying to get some kind of game plan in place in case it were to really happen.Thanks all you Buckeyes........Much appreciated ! Link to comment Share on other sites More sharing options...
Muspublisher Posted February 24, 2010 Report Share Posted February 24, 2010 O-h ............................ =) Link to comment Share on other sites More sharing options...
rj-01 Posted February 25, 2010 Report Share Posted February 25, 2010 Lynnkit : He had to research that question with his higher ups. Response was "let's see what happens when the time comes". I made it clear that I wanted to build a business relationship w/5th 3rd post cash in. Use them to invest etc. Else I had choices and would do business else where. I know Ali is suppose to open a branch bank in Toledo and will charge $150/million. So - for a 2 hr drive, that is my ace in the hole. I fully understand about your feelings about doing the right thing and not being taken adv of Keep asking questions and reading post here. Someone will keep us all pointed in the right direction ! Link to comment Share on other sites More sharing options...
Latina Posted February 25, 2010 Report Share Posted February 25, 2010 I have an account at 5th 3rd too, i asked branch here in ohio how I would handle the dinars when they RV, teller told me just bring them in and we will cash them and deposit full amount straight into your account here!! Link to comment Share on other sites More sharing options...
sewnsew313 Posted February 25, 2010 Report Share Posted February 25, 2010 yeah, but 5/3 also said they didn't charge to buy them, but when you look at your exchange rate, they charged 16%. They have stated that they will charge 19% to exchange them again. Link to comment Share on other sites More sharing options...
lynnkit Posted February 25, 2010 Author Report Share Posted February 25, 2010 yeah, but 5/3 also said they didn't charge to buy them, but when you look at your exchange rate, they charged 16%. They have stated that they will charge 19% to exchange them again.ouch...that's a ton of moolah...!! Link to comment Share on other sites More sharing options...
sewnsew313 Posted February 25, 2010 Report Share Posted February 25, 2010 I am wondering about this Ali y'all talk about. Is this $150 per million dinar, or million dollars? Link to comment Share on other sites More sharing options...
lynnkit Posted February 25, 2010 Author Report Share Posted February 25, 2010 Lynnkit : He had to research that question with his higher ups. Response was "let's see what happens when the time comes". I made it clear that I wanted to build a business relationship w/5th 3rd post cash in. Use them to invest etc. Else I had choices and would do business else where. I know Ali is suppose to open a branch bank in Toledo and will charge $150/million. So - for a 2 hr drive, that is my ace in the hole. I fully understand about your feelings about doing the right thing and not being taken adv of Keep asking questions and reading post here. Someone will keep us all pointed in the right direction !So you must feel it is pretty safe to go through Ali ?? That is what I'm trying to decide about. The reason I spend time on this site is mostly for info, advise, some words of wisdom, on cashing in when it happens. I'm not really here to find out when it will happen or for how much the RV will be, because while many of the posts can be very entertaining, I don't really think anybody will know ahead of time.......but I do enjoy reading the different view points.Thanks for your help. Link to comment Share on other sites More sharing options...
lynnkit Posted February 25, 2010 Author Report Share Posted February 25, 2010 I am wondering about this Ali y'all talk about. Is this $150 per million dinar, or million dollars?I was told 1 Million Dinar. Link to comment Share on other sites More sharing options...
EagleEye Posted February 25, 2010 Report Share Posted February 25, 2010 I am from New York and have the same basic question...how do we know which banks will cash in the Dinar after the RV ? Furthermore will the exchange be an electronic funds transfer or bank draft for those who have really invested ??? Link to comment Share on other sites More sharing options...
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