DINAR TRADE - ROLL OVER OPTIONS

by **ADMIN** Tue May 29, 2012 10:09 am

DINAR TRADE - ROLL OVER OPTIONS

Dinar Trade’s guaranteed Dinar on Reserve now has a rollover option as many customers have been asking for a way to rollover their reserve orders. The Dinar on Reserve program now gives you two options when your reserve is about to expire:

Option 1

When your current guaranteed dinar on reserve expires we will ship the 10% of Iraq dinars to your address as promised and agreed upon.

Option 2 (Roll over option)

When your reserve is about to expire we can roll it over to a new reserve order that is valid for an additional 30 days. If you choose the roll over option, the following example explains the roll over.

For example

To roll over a reserve we hold the dinars that we would ship you at the end of the 30 days and convert it to USD (at the buy rate of $850 per million) and you, the customer, will pay the difference of $170 to reach the initial 10% reserve price of $1020 and lock in the 10 million dinars for another 30 days. Just as you would receive 1 million dinars from the original reserve, the same holds true for rolling over your reserve order, you will still receive that same amount of dinars at the end of the rolled over 30 days as originally stated.

I hope this explains why there is a charge to roll over the reserve order, as we have to pay the bank in Iraq in USD to finance the full amount of dinars you have reserved. In addition we also have to pay for insurance for our Dinars through Lloyd’s of London Insurance and basic office expenses.

Please let everyone know that if they would like to rollover their reserves that they should contact us via phone, at 877-770-7660, or email, sales@dinartrade.com.

Thanks,

Ali

by **rick152** Tue May 29, 2012 11:59 am

This is a very accomidating option for those who buy reserves. Takes the wind out of the sails of those who accuse the daelers of making so much off those "expired reserves doesn't it? Thanks Miske for posting this.

by SEBtopdog Tue May 29, 2012 12:22 pm

rick152 wrote:This is a very accomidating option for those who buy reserves. Takes the wind out of the sails of those who accuse the daelers of making so much off those "expired reserves doesn't it? Thanks Miske for posting this.

Yes, rick152. It becomes a cost of doing business rather than a complete loss. DT does make a bit off a rolled over reserve, but they deserve to be compensated somewhat for their service. I think it's a fair plan.