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Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines

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Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines Empty Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines

Post by starquest on Fri Aug 19, 2011 12:07 pm

I went to a Bank Of America and then to a Wells Fargo / Wachovia office in a Major US City this AM. The purpose was to open a new business account dealing in FOREX - foreign exchange currencies. The bank managers in both had no idea what a De La Rue machine was. Each called their national home offices. Neither bank has a Dela Rue machine even in their national corporate foreign currency division. According to their national currency exchange divisions, neither does either one accept or sell the IQD. That is a huge correction to all those postings to the contrary. Draw your own conclusions. Go to your bank and verify this story. I did!

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Post by InvictaDinar on Fri Aug 19, 2011 12:22 pm

Not sure what to make of it..... Fifth Third bank in a medium-sized Indiana city doesn't have a De La Rue either but I was assured that they were told to utilize a computer comparison chart in terms of counterfeit foriegn currency, (in this case the IQD was discussed) and then the bills would be sent to a larger city branch, located within the state, that DOES have a De La Rue machine. I was told that the account would be credited before the currency was shipped. Sounds like a lot of smoke and mirrors, mis-information is being thrown about by our government representatives and the banking institutions.

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Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines Empty I email CBI asking who(bank) will exchange their currency when it RV. hope they answer me.

Post by vaquero on Fri Aug 19, 2011 12:26 pm

@starquest wrote:I went to a Bank Of America and then to a Wells Fargo / Wachovia office in a Major US City this AM. The purpose was to open a new business account dealing in FOREX - foreign exchange currencies. The bank managers in both had no idea what a De La Rue machine was. Each called their national home offices. Neither bank has a Dela Rue machine even in their national corporate foreign currency division. According to their national currency exchange divisions, neither does either one accept or sell the IQD. That is a huge correction to all those postings to the contrary. Draw your own conclusions. Go to your bank and verify this story. I did!

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Post by renewed on Fri Aug 19, 2011 12:30 pm

The De La Rue Currency machines are used in most credit unions as I was a Lead Teller and we used them with all of our currency befoe putting it into ATM's or vault. We always verfied money from Fed. Reserve. This is in Wichita, KS

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Post by therealbutterfly on Fri Aug 19, 2011 12:37 pm

@starquest wrote:I went to a Bank Of America and then to a Wells Fargo / Wachovia office in a Major US City this AM. The purpose was to open a new business account dealing in FOREX - foreign exchange currencies. The bank managers in both had no idea what a De La Rue machine was. Each called their national home offices. Neither bank has a Dela Rue machine even in their national corporate foreign currency division. According to their national currency exchange divisions, neither does either one accept or sell the IQD. That is a huge correction to all those postings to the contrary. Draw your own conclusions. Go to your bank and verify this story. I did!

Funny, I was told the opposite by the same banks. And Several branches have them. hmm......
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Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines Empty [b]USELESS WORRY![/b]

Post by Texan on Fri Aug 19, 2011 12:37 pm

ALL OF THIS ACTION IS USELSS WORRY. AFTER THIS HAPPENS, THEN FIND THE TRUTH.

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Post by jcole on Fri Aug 19, 2011 12:42 pm

Interesting, ... My Wells here in San Antonio on Loop 410 has 2 delarue's, and are very well aware of what they are for. Its our main branch in town. ❤

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Post by godsfool713 on Fri Aug 19, 2011 12:42 pm

🐱

HI PEOPLE alien

AT MY LOCAL weLLS fARGO, IN SOUTHERN CAL. ☀ :farao: ☀

IT HAS DEL LA RUE MACHINE Laughing

THEY TOLD ME IT WOULD NOT BE ABLE TO COUNT MY IRAQI DINARS
WITH IT. :(


WHY IS THERE?? THAT DOESNT MAKE SENSE :joker: scratch
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Post by red88lx on Fri Aug 19, 2011 12:54 pm

you folks are wasting to much energy on this :face: let it rv first,everyone will be singing a different tune after that relax have another cup of coffee crazyspin
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Post by kenbo on Fri Aug 19, 2011 12:57 pm

I think that your banks were out of touch with reality. Most banks have machines that count currency. A very large quantity of those machines are made by De La Rue.
De La Rue manufactures a range of machines to manage cash including banknote counters, banknote sorters, coin sorters, ATMs, and ticket dispensers. http://en.wikipedia.org/wiki/De_La_Rue

Now if you are asking if they use these money counters to verify the validity of foreign currency, I'm just as sure that most bank tellerrs wouldn't even know that such a machine exists. Much less realize that they may have one.
I do believe that when the RV takes place, each bank that has a capable machine will no doubt have someone in their foreign currency exchange dept. trained for the occaision. Smile
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Post by hooked66 on Fri Aug 19, 2011 1:37 pm

Just because a bank does not have a De La Rue machine doesn't mean these bank stories have no validity. My bank(Suntrust) does not have one but they do exchange foreign currency. They have to send currency out to have it verified. Bank stories can be encouraging,but i think we rely too much on them to feel good about our investment. IMO if any bank does not know anything about dinar or a de la rue machine or anything about the dinar investment.....they will when the RV finally comes!!

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Post by jubalation on Fri Aug 19, 2011 1:38 pm

The First Convience Bank branch where I bought dinar said they "know me" and I have the reciept from them, so no problem.
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Post by scoobie on Fri Aug 19, 2011 1:44 pm

Friends: This reminds me of another situation. We're all waiting for our Lord Jesus to return. Some of us are definitely going to be left behind as we (a) don't take the time to read the Bible for ourselves and know what Jesus said, (b) don't have any clue of the signs that tell us His coming is near (c) depend on others for our information.

Friends, you MUST do your own research for going to heaven as you MUST do your own research for the revaluation of the dinar.

Facts

1. This a legitimate country. I have colleagues at work from this country.

2. View/Listen to the Hillary Clinton video encouraging Americans to invest in the country

3. View the video with Shabibi at Chamber of Commerce in Washington DC, answering questions on the dinar among other questions.

4. Once you know the facts for YOURSELF, no one can turn you around. Same thing for the dinar applies to the Bible and God's soon return. John 14:15, 1John 2:4, Exodus 20:8-11, Exodus 31:12-18

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Post by greta on Fri Aug 19, 2011 1:47 pm

@Texan wrote:ALL OF THIS ACTION IS USELSS WORRY. AFTER THIS HAPPENS, THEN FIND THE TRUTH.

Hope you are right. I just checked with 3 Canadian banks (Royal, Credit Union and HSBC) - they will not be accepting or cashing in dinars. So who does?

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Post by therealbutterfly on Fri Aug 19, 2011 1:51 pm

@greta wrote:
@Texan wrote:ALL OF THIS ACTION IS USELSS WORRY. AFTER THIS HAPPENS, THEN FIND THE TRUTH.

Hope you are right. I just checked with 3 Canadian banks (Royal, Credit Union and HSBC) - they will not be accepting or cashing in dinars. So who does?

No one right now. When it happens they will, as has been stated many times. :-)
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Post by marinemomcee on Fri Aug 19, 2011 2:00 pm

[b]
Been a member a Bank of America for years and my branch does not have a de la rue machine...neither do any of the local branches.


HOWEVER, the main bank in downtown Chicago on La Salle has one and you can go to that Bank of America.

Sorry, author of this post but you have been missinformed.


There is also, one Wells Fargo in Illinois that has a de la rue machine...do your homework and find it.

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Post by ghosthunter on Fri Aug 19, 2011 2:01 pm

@InvictaDinar wrote:Not sure what to make of it..... Fifth Third bank in a medium-sized Indiana city doesn't have a De La Rue either but I was assured that they were told to utilize a computer comparison chart in terms of counterfeit foriegn currency, (in this case the IQD was discussed) and then the bills would be sent to a larger city branch, located within the state, that DOES have a De La Rue machine. I was told that the account would be credited before the currency was shipped. Sounds like a lot of smoke and mirrors, mis-information is being thrown about by our government representatives and the banking institutions.

My Chase branch (a very small one) in S. CA does not have one, but they told me they would simply send it to a branch/office where it CAN be verified. I would rather take it to DinarBanker or Trader and have it wire transferred, but Chase doesn't deny their ability to accept it and verify its authenticity. And from what I understand, De la Rue is the company that actually PRINTS the IQD.
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Post by mmaster on Fri Aug 19, 2011 2:07 pm

Oh yes they have the machines but cant let the cat out of the bag. That info would only tip us off that the Dinar wasn't a scam. The truth will come out soon enough ! GO RV !!!! 8)

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Post by SEBtopdog on Fri Aug 19, 2011 2:24 pm

I just want to remind everyone that post-RV, if you want to cash in at a bank and they don't have a De La Rue machine, but they want to sent your Dinar over to some other location to verify the authenticity, be sure to go to the extra trouble to photocopy your Dinar, and at the bottom of each page have a statement something like this:

RECEIVED this _____ day of ___________, 2011, the original Iraqi Dinar notes represented by these copies. The original Dinar notes have been surendered this date by ______________________ for the purpose of determining authenticity prior to exchange for US dollars.

Received by____________________________
Company______________________________
Acknowledged:

____________________________
(your signature above)

Don't take any chances. Be safe! bigsmile
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Post by rosienogg on Fri Aug 19, 2011 2:34 pm

I believe the true instructions on photocopying....

Given a while back involve,

No color copies, only black and witte.

And a post it note initialed and dated on each currency note before copying.

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Post by SEBtopdog on Fri Aug 19, 2011 2:36 pm

@rosienogg wrote:I believe the true instructions on photocopying....

Given a while back involve,

No color copies, only black and witte.

And a post it note initialed and dated on each currency note before copying.

Good points....Thanks for the reminders, rosienogg!
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Post by doghouse on Fri Aug 19, 2011 3:34 pm

I went to my BofA and questioned them about the dinar - they told me they do not buy or sell the Iraq Dinar. When I questioned them about the RV, should it happen, they told me they do not have the de la rue machine for Foreign Currency. The one they have to verify Foreign Currency is in Texas and if the Dinar should RV it would be sent there for verification. I asked about the ones they have on each counter for the tellers and they told me they are only programmed for US currency so they verify all cash they comes into the bank. It counts , verifies and give a printout of the bills. The teller showed me how it worked and she even put a suspect bill in it to show me how it spits it. They told me they have a book with pictures of all Foreign Currency and the key points of each and what to look for on the bills. When someone comes in with Foreign Currench they eyeball and inspect against the picture and credit your account with a 3 day hold. The Currency would be sent to Texas to be put into the DeLaRue Machine, this would be done overnight.

Not sure I like the idea of sending it out, can you really trust your bank? Maybe just cash in one little one and then go to Texas myself? Guess time will tell. The UST office is only a few miles away. Do I trust the government more than the bank????? How would the UTS office pay me, wire, cash, check?

Once it RV's, Okie PLEASE be around to help us with all this - don't get discourged by all the haters on this forum. We will really need your help for cashing in.

Since we are not big investers of the DINAR, what we have when it RV's, will be used to help family, friends, and church. If it comes in higher numbers than what we are planning, then life will be some much better, maybe OKIE will also give us some investing hints, so there will be something for our family as it grows, when we are no longer around.

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Post by Gmansaid on Fri Aug 19, 2011 4:21 pm

Never let your dinar out of your sight. Drive to a cash-out location that has the ability to authenticate the notes on the spot and credit your account. Letting the notes out of your site is asking for trouble. I believe it would be worth the drive no matter how far you have to travel, don't you?

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Bank of America & Wells Fargo /Wachovia - Do Not Own De La Rue Machines Empty Regarding Bank Responses

Post by mimi49 on Fri Aug 19, 2011 6:45 pm

We are getting the same response here in Phoenix. The main point I would like to make is we have been told pretty much the same thing at B of A and WF. At this point to them, the Dinar is not a recognized Foreign Currency, let's see how they react once it has RV'd. My feelings are, as many who have responded in the same manner, don't worry about it for once it RV's I have to believe we will be ok with the banks. The Foreign Currency gentleman at our WF did say they are aware and watching it, which personally I feel, is because of those of us going in asking "simple" questions may have raised a red flag. Keep in mind, they are regulated by the Feds. Have faith, all will be ok. I truly believe this will be a relationship building process, in more ways than we can imagine.
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Post by 1alaskan on Sat Aug 20, 2011 2:31 am

Folks,

As has been said time and time again, not to worry, when the time comes they (the banks) will be falling all over themselves trying to get you business.


IN the banking world there are so many people who work at banks, including managers, that have no idea as to what, when, where or why, untill their computer trells them. In mid size to large bank you are talking about tens of thousands of employees and maybe, just maybe 20 tip top people know as to any given process such as the rv of the IQD. And only after maybe 20 people in the world tell them and only after one person thells them, Dr. Shabbi.

Have a cold one, sit back realx and watch the big show.

JMHO
Rantings from just north of 58 this week

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Post by happilyeverafter on Sat Aug 20, 2011 8:27 am

Hi everybody this sounds funny but if it RV's i will buy a DE LA RUE mashine and take it to the bank.LOL.

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Post by inevergiveup on Sat Aug 20, 2011 8:50 am

@happilyeverafter wrote:Hi everybody this sounds funny but if it RV's i will buy a DE LA RUE mashine and take it to the bank.LOL.

Love it! lol

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