POPPY3: ALL BANKS THAT HAVE A TRADE LICENSE WILL TRADE THE DINAR AS IT BECOMES INTERNATIONALLY TRADEABLE.
THERE WILL BE 3 RATES...CBI RATE, AMERICAN BANK RATE AND UST RATE. WHEN YOU TRADE YOURS IN AT THE BANK THEY WILL TRY AND CHARGE YOU A SPIFF OR ADMINISTRATION FEE? THAT PART WILL BE NEGOTIABLE.
THE BANKS WILL TURN THE DINAR TO THE UST AND THE UST WILL PAY THE BANKS A % FOR THE EXCHANGE. THATS HOW THE BANKS WILL MAKE THERE $$$$$...
I HAVE HEARD THAT UST RATE WILL BE BETWEEN 2 TO 10% MORE THAN THE BANK RATE MAKING THE BANKS HUGE PROFITS. THIS INFO FROM TWO REGIONAL BANK MGR.
THEY SHOULD KNOW!
Platinum wrote: You guys enjoy your Christmas, u will all be celebrating an extented Christmas shortly!!
Beethovin: RV for January 1 always made more sense to me from a corporate accounting standpoint than December 25. Anything prior would necessitate currency adjustments by people that don't even know about the RV. Mayhem indeed. From a personal standpoint I wish it already occurred.
marty100 : The stage is set, the trading platforms are closed so the big boys can't jump in at the last moment, yes I think we are there.
SassyD: hummm... Millions of Internet users will not be able to secure access to their sites next week -- 12/24/2015 -- http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl= translate.google.com&sl=auto&tl=en&u=http://www.faceiraq.com/inews.php %3Fid%3D4462476&usg=ALkJrhibAGGs7OU3QBzLkmjeN1Ys-hKlNA
[xyz] Iraq And Kuwait Sign Memorandum Of Understanding In Various Fields http://www.zawya.com/story/Iraq_and_Kuwait_sign_MOU_in_various_fields-ZAWYA20151225061443/
[xyz] Dollar tumbles against major currencies, and tends to incur a significant loss http://translate.google.com/translate?depth=1&hl=en&rurl=translate&sl=ar&tl=en&u=http://www.alsumaria.tv/news/155138/-
Diadeso: Minor Bank Experience 12-24-15
I went in today to reopen a simple savings account at a local small Chase. The gal helping was nice but a Manager insisted on sitting in on the account opening, looking over her shoulder at her screen, etc. He was SUPER serious and only thinly friendly.
Chase locally has been consistently more picky-uney, uptight & weird in general than the other 2 main ones here in town. Three for three times I've dealt with them.
They did ask if I needed to make any International Wires or anything (yeah right like I look like someone funding a creepy group. Obviously the gov has been on them for a long time re. those things.)
I also think the Mgr realizes the GCR is real and people will be exchanging. There was a lot of anger under the surface along with the suspiciousness. Seriously, I had already had an account, was not a total unknown, look very average & educated & not a kid either. Not too sure what he had to be SOOOO suspicious about.
I had not said a word about currencies.
However, probably tons of people have opened similar accounts & DID mention them. When he relaxed & stepped out, I asked her who was the wealth manager & also who handled foreign currencies. She said "any teller could order them". I let it go at that.
I think we need to be prepared for odd & sometimes hostile feelings from these employees. Anticipate a pleasant & clean exchange experience.... but don't be too surprised if the undercurrent feels really funky. They've (illegally) been told not to buy it (how could that be legal?) + lies about it all.
It can't be Constitutional for a bank boss to tell an employee they cannot make this or that investment, or buy foreign currency.
And realizing all the junk on the job it took from them to rise to be a Manager is now eclipsed by missing an enormous opportunity of a lifetime - one can't imagine how bad that feels.
Anyway, I'm established with 3 of them again... just in case... & how odd it is to be frequenting institutions I have long avoided & disliked. "Never say never" & strive for Neutrality in all things vs being reactive.
Happy Holy Night,
MOT: Adorable UPS-Obsessed 5-Year-Old Boy Pays It Forward by Delivering Wishes to Kids in Need
Five-year-old Carson Kight is known for being Colorado's cutest deliveryman.
The young boy from Colorado Springs became a viral sensation in 2014 when his dream of becoming a UPS driver came true in a heartwarming video.
This year, the young boy paid it forward by training three new UPS drivers and leading them on a special delivery to bring holiday cheer to children at local Ronald McDonald houses.
Carson's mom, Karen Kight, says her son's fascination with the delivery service began when he was just a baby. The family's local driver, Ernest Lagasca, delivered special baby formula three times a week.
"When Carson was 18 months old, he became interested in the trucks in the neighborhood, especially the UPS truck," Karen tells PEOPLE. "When he came to the door, Ernie would always ask him, 'Do you want to come out and see my truck?' "
She continues, "He always would go out and meet Ernie if the weather was good and Ernie would show him the parts of the truck. So this little relationship between the two of them grew because he was part of our life for so many years."
Ernie and Carson
When UPS heard about Carson and Ernie's special bond, the company decided to make the young boy's dream of becoming a UPS driver himself come true as part of their Wishes Delivered campaign. Carson was given a miniature delivery truck and joined his pal on a day of deliveries.
Ever since that special day, Carson has continued making deliveries around his neighborhood.
"The neighbors call Carson to be the little UPS deliverer in the neighborhood," Karen says. "They ask Carson to deliver things to each other."
Even though Ernie was put on a different delivery route last year, he still keeps in touch with Carson and his family.
"Each time we see Ernie, you would think there's nothing new he could teach Carson, but there's always something new and they're life lessons," Karen says.
This year, Carson paid it forward by training other young UPS delivery people in a one-day camp his mom calls "the ultimate playdate."
Carson schooled his new friends on driving a truck, the best way to knock on doors for deliveries and then brought them to Ronald McDonald house to deliver presents to kids and families in need.
"He loved driving his truck in there and all the kids loved giving out the presents," Karen says. "It was a great learning experience for him."
With two years of practice, Carson says he's even more certain he wants to become a UPS deliveryman when he grows up.
"Just like Mr. Ernie," he says.