Wednesday, December 16, 2009
DANIE1 POST - KTF Missions
Encouraging Info rec'd from Bank
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I am not sure if I am posting this in the right place or not, but if the mods feel the need to move it, I am sure they will.
About two months ago, I went to my bank - BB&T, mainly found in VA and NC. I asked the Banker if they buy or sell the Iraqi Dinar and they told me "no" and offered an International Currency Exchange to buy from here in VA. The International Exchange was selling at a higher rate than what I could get elsewhere and when I sell back to them, they would only give me half what I paid or half the exchange rate for that day when it rvs. Guess what? I didn't do business with them. I bought elsewhere.
Today, I went in to talk to my banker and just asked again if they buy or sell the Iraqi Dinar. He told me "no" and offered the same referral as before. I then asked him about the Vietnamese Dong. He did not know if they exchanged it or not, so he called BB&T Foreign Currency Dept. to find out. While he was on the phone, he asked them about the Iraqi Dinar and they said, "yes, we sell it now and will be exchanging it when the rate is set". He got off the phone and told me what they said. By the way, I got so excited and he did too that he forgot to tell me about the Dong!
He proceeded to tell me that he checked with the BB&T Foreign Currency Dept. himself less than a month ago and they were not dealing with the Iraqi Dinar AT ALL. They just made the decision recently to buy and sell it.
IMO...they probably saw the opportunity of a life time and made the decision to exchange the Dinar or possibly have some intel that led them to that decision. Either way....they made a change and it looks positive to me.
My Banker now has his eyes and ears open and told me he would be contacting me first thing when he receives any information on the rate or the exchange.
Hang in there folks.....It's coming!!!!! We just have to be patient!
Originally Posted by indwelt
Encouraging news Daniel. I'm in the Winchester, VA area. Do you know whether there will be a BB&T location anywhere in VA that will be able to authenticate the dinar on site?
DANIEL's RESPONSE
He told me that they would not do the actual exchange at my branch, but they would inner office the dinars to Charlotte, NC for the exchange and deposit the money into my account from there, but I do not have to go to Charlotte myself. When I go back into the bank, I will ask him that question. Good question....thanks!
--------------------------------------------------------------------------------
I am not sure if I am posting this in the right place or not, but if the mods feel the need to move it, I am sure they will.
About two months ago, I went to my bank - BB&T, mainly found in VA and NC. I asked the Banker if they buy or sell the Iraqi Dinar and they told me "no" and offered an International Currency Exchange to buy from here in VA. The International Exchange was selling at a higher rate than what I could get elsewhere and when I sell back to them, they would only give me half what I paid or half the exchange rate for that day when it rvs. Guess what? I didn't do business with them. I bought elsewhere.
Today, I went in to talk to my banker and just asked again if they buy or sell the Iraqi Dinar. He told me "no" and offered the same referral as before. I then asked him about the Vietnamese Dong. He did not know if they exchanged it or not, so he called BB&T Foreign Currency Dept. to find out. While he was on the phone, he asked them about the Iraqi Dinar and they said, "yes, we sell it now and will be exchanging it when the rate is set". He got off the phone and told me what they said. By the way, I got so excited and he did too that he forgot to tell me about the Dong!
He proceeded to tell me that he checked with the BB&T Foreign Currency Dept. himself less than a month ago and they were not dealing with the Iraqi Dinar AT ALL. They just made the decision recently to buy and sell it.
IMO...they probably saw the opportunity of a life time and made the decision to exchange the Dinar or possibly have some intel that led them to that decision. Either way....they made a change and it looks positive to me.
My Banker now has his eyes and ears open and told me he would be contacting me first thing when he receives any information on the rate or the exchange.
Hang in there folks.....It's coming!!!!! We just have to be patient!
Originally Posted by indwelt
Encouraging news Daniel. I'm in the Winchester, VA area. Do you know whether there will be a BB&T location anywhere in VA that will be able to authenticate the dinar on site?
DANIEL's RESPONSE
He told me that they would not do the actual exchange at my branch, but they would inner office the dinars to Charlotte, NC for the exchange and deposit the money into my account from there, but I do not have to go to Charlotte myself. When I go back into the bank, I will ask him that question. Good question....thanks!
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