_This is my first personal experience with a bank story that was "positive". I had a bunch of "ugly" ones. I am part of a group of dinar investors in my area. One of our group felt "lead by the spirit" to stop in our local 5/3 bank and talk to the bank manager.
He was escorted to her office. He entered and closed the door behind him as he came in..... He asked, " I know that 5/3 has sold Iraqi dinar up until recently and I wanted to know if you will be involved in the cash-in process when it revalues? Also, I am currently not a customer at your bank.
" Without batting an eye, the manager (she) replied, "Why YES we will be involved in the cash in of the Iraqi dinar. Would would LOVE to cash in your dinar for you, whether or not you are a member here. If you would like to open an account, I can give you some information about our private banking services.
You need a minimum of $100,000.00 in the account to qualify, which I am sure will be no problem." She then went on to describe the various services that are available for private banking clients. She also said that they would verify your dinar RIGHT THERE IN THE BANK AND immediately deposit it into your account. Your dinar would NOT have to be sent off to be verified.
She was very accommodating and friendly and was eager for my friends business. He then asked her if she could look up the Iraqi dinar on her screen, which she did, and turn the screen around so he could see it. It was still showing the old rate. She really did not have any input on when it was going to revalue, but felt it would be "soon."
This experience has shown me that WE have tremendous bargaining power at the banks. They want our business and we literally can pit one bank against another to get the best rate and the best deals.