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Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeSun May 05, 2024 11:37 am by kenlej

» Go Russia
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Pimpy shares a lot of info on how your dinar will change in your bank account I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

Pimpy shares a lot of info on how your dinar will change in your bank account

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Pimpy shares a lot of info on how your dinar will change in your bank account Empty Pimpy shares a lot of info on how your dinar will change in your bank account

Post by Ponee Sun Mar 29, 2020 8:51 pm

Pimpy   ...we need more than a rate change to happen in Iraq in order for us to benefit from a rate change.  It must be recognized internationally in most cases for banks to do the exchange.  Some Chase locations are already making exceptions regardless of the currency being recognized internationally or not.  You can exchange the dinar there...there's gonna be a fee once the exchange happens.  I believe it's around 1%.  They'll charge you 1% fee to make the exchange...just for the sake of it I'm gonna use round numbers.  Let's say I have a thousand dinar and it's now $3 for every one dinar.  I would deposit my 1,000 dinar into my account and they would exchange it and in my account would reflect 3,000 US dollars...If I had one million dinars and it was 3 to 1... 


I would deposit that one million dinars into my account and in there would reflect 3 million U.S. dollars.  That's how it works.  And there would be a fee taken out...If you're expecting to come skipping out with millions of dollars in a bag - that's not going to happen.  Once the money is put into your account you will have access to some of it right away.  I think for some banks there is a process in which they take the currencies and they will send it off and there's a slight hold on it...as far as you wanting the cash money itself, the paper money in exchange, you will have access to X amount of it upfront and then you have to order the rest.  If you wanted a million dollars in cash you would have to tell your bank manager to order the money for you because a lot of banks don't hold that much money...
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