Exporting Iraqi Dinar
Exporting Iraqi Dinar is Illegal?
Iraqi officials state under Iraqi Law that exporting the Iraqi Dinar is illegal. That makes websites taking money out of Iraq and selling it online as committing a crime against Iraq. There are reasons Iraqi officials have this law in place.
Think an Iraqi Dinar dealer is going to inform you of this and risk losing a sale? I highly doubt it! In fact, this is just one of the many big secrets Dinar dealers don’t want you to know about! Take for example Dinar websites that brag about being registered with the US Government as a site approved to sell Dinar – they are not telling you all the facts! Read more about Iraqi Money.
Almost anyone can register with the Government, but it does NOT mean they are approved to take money out of Iraq or even that they are a creditable company; it simply means they are registered / made themselves known.
What if the Iraqi Government decided to honor only those Dinars currently in Iraq? Everyone else would be completely out of the game, well, at least those investors holding physical Dinar.
There are a number of ways to buy Iraqi Dinar without breaking the law, without taking the money out of Iraq and without the risk of facing the scenario above! You can read the full details and instructions in this Dinar Ebook
Posted in Iraqi Dinar
January 10th, 2007 at 1:29 am
Chase Bank and Bank of America sell and buy dinars. So you are saying they are doing so illegally to dupe naive buyers?
January 10th, 2007 at 8:01 pm
If you did your research, you would find that these banks are NOT selling or buying Iraqi Dinar!
This is just another way for people exporting the Iraqi Dinar to get people excited and make them feel at ease buying.
“If the banks are exporting the Iraqi Dinar, then it must be a great investment, so it only makes sense for me to buy dinar now!”
That’s the type of thinking dealers like to see and hope to gain from this. Just to make sure, I called a couple of banks today and asked if they were exporting the dinar or buying and selling it, the response was a very firm “NO!”
No one wants to feel they are the only ones being ripped off, but if everyone is making the same mistake and getting ripped off, then they feel better. Iraqi Dinar scammers know this and release such announcements just for this reason.
Buying dinar the wrong way is the same as being scammed. Know how to buy dinar and know what is at risk before you buy exported iraqi dinar!
February 13th, 2008 at 4:30 pm
I listened to the naysayers,. I repeat, I listened to the naysayers telling me to not buy Kuwaiti dinar before that country’s currency revaluation, and I missed out on making several million dollars when I had a chance. This time that won’t happen.
Chase Bank is selling dinar or you can buy from dinartrade.com online, a trusted source. It is legal to buy and sell them. With all the good news coming out of Iraq, their 2008 budget passed, the Iraqi Stock Market (ISX) is going electronic in March, not to mention Iraq’s tremendous assets, i.e., oil, gold, etc. We investors see it coming…