_[DinarWishes] OK here is the deal..... A Non Interest POD account is fully insured for the total amount in the account.... [DinarWishes] if you have an Interest bearing account then it is just insurred to 250K [DinarWishes] hopeful if they dont know what a POD account is you need another banker.... but, its a payable on death account
[RapidRoyP] hopeful --you do not have to ask for anything special -- just tell them you want a non-interest earning account
[nanaang] DinarWishes aren't they all POD?
[DinarWishes] nanaang no
[DinarWishes] dinarup FDIC has the option to take up to 100 years to pay out a failed bank... Lloyds of London takes only a year...
[raven1111] DinarWishes you can do both lLoyds and fdic right?
[DinarWishes] raven1111 Yes You Can
[Dogwalk] Dove Are we still pending and Live??
[DinarWishes] Dogwalk We are waiting for the update
[DinarWishes] Guys here is where I feel we are..... We are just waiting for it.... We have reports everything is on the fast track to show... I know of refresher trainings on cash in procedures that are taking place today.... Many expect it today and some expect it no later than tomorrow.... I feel we are in a great place.... I have nothing negative to report....
Read More Link on Right
_ [DinarWishes] Now I would like to share one insight into human nature.....
[DinarWishes] After a traumatic event it is recommended not to make any MAJOR purchases for 6 months... I however to some extent disagree.... If you need better living conditions then Move.... Don’t buy the first gigantic house you see... do your due diligence on the neighborhood and future developments.... I have a friend who bought a 7.5 million dollar house and the summer after he closed they built apartments behind him..... Nice ones ,but for 7.5 million I want some privacy.
[DinarWishes] Don’t RUSH into ANYTHING
[DinarWishes] It will be a shock to you and Very traumatic..... Yes, good things do cause trauma.... Just Because you can, doesn’t mean you should... Be Wise... Seek Counsel....
[artdiva] DinarWishes that's why parking the money for 6 months while you think about what is best would be a great idea, after debts are paid of course
[DinarWishes] artdiva that is exactly right
[Capt Crunch] DinarWishes it's close by I feel it
[DinarWishes] Capt Crunch As do I sir
[DinarWishes] kingdommoney it is a third party insurance to hedge against bank failure.... FDIC is another... now the difference is one has more opptions and a better payout.... its like the difference between Liability and full coverage.... Different options and different cost but depending on your size of deposit, you may get it free
[DinarWishes] GUYS WHOEVER SAID SCAM PLEASE REFRAIN..... IF you can purchase a currency from the banks which I did... It isn’t a scam....
1:53 PM [DinarWishes] OK GUYS BE GOOD AND HOLD TIGHT AS WE ARE IN THE FINAL STAGES I'M BEING TOLD.... HAVE A GREAT DAY AND GO RV!!!