I'm on a CC.. WF info given by employee

I'm listening to Blaino's CC right now. They have a woman talking that is a personal banker for WF and she is being very clear that there has been NO training started at WFB for the IQD. She feels that things will change at WFB if and when the RV happens, but as of right now WFB is not prepared to cash anybody in. She is saying that WF is very big on due diligence (which I can confirm), so when this RV does happen, there will be a period of research and staff training that has to happen before WFB will cash anybody in.

I hope this message gets read by all the people at 3's, and PTR, because they have been saying training was done a long time ago. NOT TRUE..

Go RI/RV..

Thanks for clearing that rumor up.

she said she was trained to deal with people $250000 or less.

This is a good conference call. Good info!

Did she say she works in a large WF bank or a small branch office?

I think that would make a difference.

robinlucio wrote:she said she was trained to deal with people $250000 or less.

That doesn't matter, because she said she looks at the same screens that the Private Bankers have access to. The main point is, there has been NO training. She feels it would take minimum 4-5 days to get their people trained. Heck, as long as we see the RV, I think we can all wait for the training to take place.

Go RI/RV..

I think, maybe, people higher up than the caller have been trained. I wouldn't think that all the tellers and personal bankers would be trained.

I'm thinking that they will bring dinar holders into a separate room, since their dinars have to be counted and verified. This would not be something you could do at the teller window.

Can you imagine what the other customers would say? There would be no sense of security at the teller window either.

OkieFan wrote:Did she say she works in a large WF bank or a small branch office?

I think that would make a difference.

I personaly don't think that matters. I have worked for large financial institutions. When information is released, it comes down to all at the same time..

Go RI/RV..

sandwedge wrote:

robinlucio wrote:she said she was trained to deal with people $250000 or less.

That doesn't matter, because she said she looks at the same screens that the Private Bankers have access to. The main point is, there has been NO training. She feels it would take minimum 4-5 days to get their people trained. Heck, as long as we see the RV, I think we can all wait for the training to take place.

Go RI/RV..

I doubt, very much, if a "personal banker" gets to look at the same information as a "Private Banker".

That's the reason for the word "PRIVATE" in the title.

The people that use a Private Banker do not even use the same entrance into the bank, as the regular customers. It's a whole different world than what we are used to.

OkieFan wrote:

sandwedge wrote:

robinlucio wrote:she said she was trained to deal with people $250000 or less.

That doesn't matter, because she said she looks at the same screens that the Private Bankers have access to. The main point is, there has been NO training. She feels it would take minimum 4-5 days to get their people trained. Heck, as long as we see the RV, I think we can all wait for the training to take place.

Go RI/RV..

I doubt, very much, if a "personal banker" gets to look at the same information as a "Private Banker".

That's the reason for the word "PRIVATE" in the title.

The "Private" in Private Banker is "You", and who can see your information and accounts within the bank. You become "Private".. In otherwords, not everyone will have access to see all of your accounts within the bank.

Go RI/RV..

"The "Private" in Private Banker is "You", and who can see your information and accounts within the bank. You become "Private".. In otherwords, not everyone will have access to see all of your accounts within the bank."


Sandwedge,

That's right. Not everyone will have access to all of your accounts within the bank.

So a woman who is trained to handle accounts UP TO $250,000........Why would she get to cash in your dinars or be trained to do anything with dinars?

My wife used to work in the private banker section of one of the big 4 in Ca. It was many years ago, but her job was to personally handle the accounts of a few very well heeled people. She kept balances, paid bills, transfered funds, answered questions and in general, served at their beck and call banking wise. Not a very glamorous job really. She knew several rather famous people on a first name basis ... that and .99 will get you a cup of coffee at MickyD's

Kevind53 wrote:My wife used to work in the private banker section of one of the big 4 in Ca. It was many years ago, but her job was to personally handle the accounts of a few very well heeled people. She kept balances, paid bills, transfered funds, answered questions and in general, served at their beck and call banking wise. Not a very glamorous job really. She knew several rather famous people on a first name basis ... that and .99 will get you a cup of coffee at MickyD's

Thanks for that story.

I have been to Many Banks trying to find the Best Bank for my needs and as far as being trained, WF has the new Book with the Dinar in it and info to trade out your Dinar, 5th/3rd said to just bring your Dinar in and they will handle the Trade for me. This I learned first Hand. Jesus

HeadNotTheTail wrote:I have been to Many Banks trying to find the Best Bank for my needs and as far as being trained, WF has the new Book with the Dinar in it and info to trade out your Dinar, 5th/3rd said to just bring your Dinar in and they will handle the Trade for me. This I learned first Hand. Jesus

sandwedge wrote:

robinlucio wrote:she said she was trained to deal with people $250000 or less.

That doesn't matter, because she said she looks at the same screens that the Private Bankers have access to. The main point is, there has been NO training. She feels it would take minimum 4-5 days to get their people trained. Heck, as long as we see the RV, I think we can all wait for the training to take place.

Go RI/RV..

She really said she can only see the screens the tellers and personal bankers can see....she cannot see the same thing the upper management and private bankers can see.

C'monnnnnn rvvvvv!!!!

We have sat down and talked over every aspect of this thing with one of our bank managers, who owns IQD and VND, and she has stated more than once, it takes no more training that the person who does this everyday, already has. In other words, no more is needed, it pops up on the screen when they type it in, and what ever the rate is, it is, no big deal, just like any other transaction.



BTW, the bank she works at still deals in both IQD and VND.

I cant STAND to see the name scrolling in the title ESPECIALLY On this site...

Understood

I don't think I have ever seen so much wasted verbiage over nothing in my life. What is changing currency, rocket science? It will take 4 or 5 days of training to learn how to exchange IQD for USD?

As far as private bankers using separate entrances...banks usually limited the number of doors to get into a bank for security reasons. People are not just entering and exiting multiple doors at will. And why would they enter a special door? No one knows them and no one cares.

My goodness, what have we degenerated to when a subject such as this becomes the hot news of the day?

That's my opinion...oughta be yours!

what does private banker mean? wouldn't that be the average joe or jody, i would think corporate or big business bankers would not come under that category, so in essence shouldn't you and i be the ones seeing those "private banker" screens? :shock:

I bank at wells fargo and my personal banker is the one who sets up accounts, they are one step above a teller.

Which means they don't know anything at all when it comes to our investment.

I know this is fact.

Wasnt that a Tina Turner song, "PRIVATE BANKER"

I have contacted a private banker here in texas and when i asked for the address to meet him at he said;;"you don't understand,as a private banker i come to you" sure enough he kept the appointment at my house.By the way he works for chase bank.

glasshalffull wrote:what does private banker mean? wouldn't that be the average joe or jody, i would think corporate or big business bankers would not come under that category, so in essence shouldn't you and i be the ones seeing those "private banker" screens? :shock:

nm, i answered my own question.....The main role of a private banker is to help clients manage their money. Traditionally, this involves helping them invest wisely while avoiding risks that might reduce the value of their assets. Private bankers also offer tax planning and pension advice, help clients develop a strategy for philanthropy, and advise them on estate planning. In one subset of the sector known as “Family Offices,” the bankers also perform tasks that range from screening solicitations for charitable contributions to making sure the client’s bills are paid on time.