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Mnt Goat: "The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs"
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Mnt Goat: "The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs"
Mnt Goat
The ATM machines are NOT now dispensing any currency. They are live but dormant. The Rafidian bank did a ceremonial ribbon cutting on their part the other day. The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs. These are the notes being deleted and the banks do not want to infuse more of them back into circulation. So that leaves only the newer lower category notes. Right? And we know what must happen when they launch these notes. Right?...So what happens when the dinar rate does change to something very substantial, like a 1:1? The banks will launch the lower categories by loading them in the ATMs such as some or all of the 1,5,10,25,100 notes. This will be done as needed to meet the demand. However, having said all this, I have to tell you we have known the ATMs were an integral part of the plan of the “project to delete the zeros” all along. We have known this since 2011, if you paid attention to the news back then from the CBI and the Finance Ministry. Yes, we have been waiting now for over 6 years for these ATM machines. Now that the ATMs are “launched” (meaning online) when will they load the new notes?
12/30/17
The ATM machines are NOT now dispensing any currency. They are live but dormant. The Rafidian bank did a ceremonial ribbon cutting on their part the other day. The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs. These are the notes being deleted and the banks do not want to infuse more of them back into circulation. So that leaves only the newer lower category notes. Right? And we know what must happen when they launch these notes. Right?...So what happens when the dinar rate does change to something very substantial, like a 1:1? The banks will launch the lower categories by loading them in the ATMs such as some or all of the 1,5,10,25,100 notes. This will be done as needed to meet the demand. However, having said all this, I have to tell you we have known the ATMs were an integral part of the plan of the “project to delete the zeros” all along. We have known this since 2011, if you paid attention to the news back then from the CBI and the Finance Ministry. Yes, we have been waiting now for over 6 years for these ATM machines. Now that the ATMs are “launched” (meaning online) when will they load the new notes?
12/30/17
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Re: Mnt Goat: "The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs"
Since there has been no significant increase in the value of the dinar, you may need one of these when you go to the ATM.
Last edited by Kevind53 on Tue Jan 02, 2018 1:16 pm; edited 1 time in total
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Kevind53- Super Moderator
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Re: Mnt Goat: "The three zero notes like the 5k, 10k or 25k notes (or higher) are not designated for these ATMSs"
:HJHJ: :HJHJ:
Terbo56- VIP Member
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