Millionday Roundtable 7/7/14 Part 2
Welcome Monday Roundtable With Millionday!
[millionday] THIS IS A GREAT START -- THE SERVICE THEY OFFER
[millionday] Credit and Debit Cards Warka Bank for Investment and Finance has the privilege to be one of the principle members in the MasterCard corporation which entitles our bank’s card holders to use the Mastercard facilities all over the world through MasterCard world wide network.
Our customers can withdraw cash and spend money wherever and whenever they want. Moreover, Warka Bank for Investment and Finance’s credit cards are extended to be used in over 350 ATMs and and 10,000 points of sale (POS) in IRAQ Credit Master card
This type of cards enables the cardholder to withdraw or purchase an amount and pay a part of it each month. There is three types of it, - Silver - Gold - Platinum
[disciple7] Timmy u have to update ur passwords once a year
[millionday] SO THEY HAVE CREDIT AND ALSO DEBIT THAT CAN BE USED ALL OVER THE WORLD WHEN THEY FORMALLY RELEASE THEM -- CBI ANNOUNCED TODAY THAT THEY ARE LIFTING THEIR GUARDIANSHIP
[fishheads] Effective when?
[millionday] Midrar Local Cards--This is a debit card connected to your account and used for cash withdrawal through all Warka bank ATMs in . This debit card can be also used in purchasing in all shop centers that have Point of Sale (P.O.S).
[millionday] HERE IS MORE SERVICES -- DONT MISS A WORD AND THANK YOU FOR RESPECTING ME
[millionday] Warka Bank for Investment and Finance implements the S.W.I.F.T system that guarantees advanced, rapid, secure and accurate money transfers through the international banking network.
Whether you’re sending money abroad or receiving money, Warka Bank for Investment and Finance ensures your money transfer is conducted successfully using its worldwide correspondent bank network.
[millionday] SMILE -- HOLD ON TO YOUR HAT FOR THE REST --- REMEMBER IF YOU PASS OUT -- YOU MADE ME DO IT -- HOLD ON TO END
[millionday] Stocks & Investment Warka Bank for Investment and Finance’s team of expert brokers handle your stocks portfolio and manage your investments to success.
Our brokers, with years of experience in the Iraq Stock Exchange and international investment channels, ensure that your portfolio grows with maximum security and minimal risk.
[millionday] NOTE -- NOW OF COURSE THIS IS ABSOLUTELY HUGE HUGE IN WHY THIS IS IMPORTANT AND SPELLS OUT HUGE HUGE REASONS WHY YOU SHOULD STILL BE HOLDING ON TO YOUR CHAIR
[millionday] Foreign Currency Exchange Warka Bank for Investment and Finance offers you the chance to buy and sell different currencies for investment purposes. Our expert foreign exchange team advises you on the best course of action for increased profits and sustained investments.
[millionday] NOTE -- THE NATIONAL CURRENCY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED FOR YOU TO DO THIS IN IRAQ
[millionday] Personal Loans Warka Bank for Investment and Finance’s personal loans enable you to finance your personal needs, be it purchases, vacations or property with an easy installments system and competitive interest rates.
Personal Loan Features: The loan depends on collateral provided. Tenor up to 1 year Competitive interest rates Required documents: National ID Ration Card Certificate of Citizenship Residence Card
[millionday] NOTE -- FOR ALL COUNTRIES WORLD WIDE
[millionday] To be in positive pace, progress and development with the enduring Iraqi economic conditions and our strong belief that we are all fine partners in steering the good Iraqi Economy, Warka Bank for Investment and finance through its 130 branches distributed throughout Iraq, offers the sale of consumer products in installments where this service is considered the most important motion in steering the National Economy for all countries worldwide.
Selling consumer products in installments provides citizens and consumers the flexible convenient measures for purchasing goods, at anytime in long or short periods, the period of which the citizens personally sets in accordance with the availability of their monthly income.
This unique service offers several incentives and encouragements: The availability of all kinds of electrical household products All the electrical products and appliances are guaranteed and backed by this guarantee The installment coverage is suitable for all members of the community and
[millionday] well meets their needs. Cover your installments with no interest and zero fees Easy simple procedures where goods are handed on spot The purchasing facility covers the opportunity to buy goods 3 times the monthly income.
Covering your installments on time gives you the opportunity to participate in purchasing new further products. This service is in compliance with the conditions set by the bank as below: A guarantor is required A clear colored valid copy( Iraqi National id Card, , Resident Card, Ration Card) for buyer and guarantor
[millionday] NOTE -- ALL INTERNATIONAL BRANCHES ARE CORRESPONDING BANKS FOR NATIONAL BANKING ---- NOT LOCAL BANKS -- (SWIFT CODING )
[millionday] Warka Bank for Investment and Finance’s team of experts handles your trade finance services from A-Z. From import and export letters of credit, letters of guarantee to documentary collections. Warka Bank for Investment and Finance’s established correspondent banking relationships ensure you receive top quality and rapid trade finance services wherever you are in Iraq.
Documentary letters of Credit: Financing Exports by confirming and advising incoming letters of credit.
Issuing L/C’s through our large worldwide network of corresponding banks. Guarantees: Issuing bid bonds, advance payment bonds and performance bonds, in addition to be able to recieve counter guarantees from international banks. Documentary Collections: Prompt payments for incoming collections and collecting payments on behalf of the exporters.
[millionday] I SHOULD SAY IT IS NOT UNCOMMON
[millionday] WHICH CAN ONLY BE DONE IF THEY ARE INTERNATIONALLY RECOGNIZED IN MY OPINION
[millionday] Internet-Banking Warka Bank for Investment and Finance provides you with an easy, secure method to manage your money online.
Our internet banking services fac... SMS Banking Warka Bank for Investment and Finance provides you with an instant, easy method to access your bank account wherever, whenever you are utilizing tw... Phone Banking With Warka Bank for Investment and Finance,
you can perform your banking operations via your telephone you can access: Balance Services ... E-Trading Warka Bank for Investment and Finance is the first bank in Iraq to offer electronic trading services. With the e-trading service, you can buy, sell... EJABY & ESAL With Warka Bank for Investment and Finance, you can now utilize the EJABY system to pay your domestic bills at the Bank’s counters and online...
[millionday] SO NOW THAT WE HAVE SEEN HOW MASSIVE THE CHANGE WILL BE TO HAVE WARKA IN CONTROL AND RELEASED FROM GUARDIANSHIP -- WE SHOULD BE EXCITED
[millionday] IN FACT WE SHOULD HAVE WHITE KNUCKLES YOU MAY NOW GET OFF YOUR HANDS WHOOOPOW
[ernier] Sorry, but they were doing all this before and there was no internationally traded currency in Iraq. It looks like business as usual or before they shut down and shows me nothing about Iraq specifically either having or needing to have a reality rate or internationally recognized currency for this to happen.
Am I missing something?? ebanking and other services offered may be for all of Warka and not all is intended specifically for Iraq. Not that exciting for me.
[sheila3] millionday lol
[lstar877] WHOOOOPOWWW!! I have white knuckles!
[millionday] SORRY BUT FOR TWO YEARS THEY HAVE BEEN UNDER GUARDIANSHIP
[risk] millionday ..Does the politics matter to you
[millionday] I DISAGREE WITH YOU
[lstar877] Ernier guardianship was just lifted today!!!
[millionday] THE REASON BEING IS THAT EVEN THE CITIZENS OF IRAQ COULD NOT GET THEIR MONEY
[millionday] ALL THE MONEY THEY HAD IN WARKA COULD NOT BE REMOVED
[millionday] AND MANY HERE HAD THE SAME PROBLEM
[ernier] I understand, but the bank was there prior to them going into guardianship - what is different for Iraq specifically now
[Baldeagle] So you are saying they can get their money now.
[Baxter1243] So if it was lifted today... that means they are international now?
[lstar877] Ernier I disagree with you too. They did not have MasterCard and ebanking linked to the world!
[fishheads] When doe this go into EFFECT?
[jtank] ernier--all these services stated thru out the world BEFORE?--really
Dego] the final lifting of the Guardianship is great news indeed...now we just need an RV.:} :}
[awesomedtl] are the meetings going on for tomorrow also?? I so got in late,,,,, I hear they are postponed till 12th of aug is that true
[ernier] lstar877 no but that could be just Warka talking about their services in general all over the world, not specifically Iraq. That is the point I am making. Wondering how this may be different.
[millionday] risk YES IT DOES MATTER TO ME AND I TELL YOU WHY --STABILITY IS VERY IMPORTANT WITH WHAT IRAQ IS DOING WITH INTERNATIONAL TRADE -- AND THE GOV IN PLACE MATTERS -- HOWEVER ---CBI IS INDEPENDENT
[Dego] jtank yes they did offer that before..
[millionday] THE GUARDIANSHIP WAS NOT LIFTED TODAY
[jtank] MD -rumors today are that they are pushing forward tomorrows gov meeting?
[risk] millionday thx
[10x] Paperwork needs to be completed...When they lift the guardianship, they are going to have to have a currency of some value other than what it is today... RV is on the horizon and the timing of this event is everything
[millionday] CBI ANNOUNCED THAT THEY ARE LIFTING THEIR GUARDIANSHIP AS SOON AS THEY RECIEVE THE DOCUMENTS WE DISCUSSED IN THE BEGINNING OF THIS ROUNDTABLE
[awesomedtl] they said they r delayed till 12th of aug????? for second session??
Craveman] Is it possible a stable goi was considered ideal but not absolutely nec? They did have a $3+ currency and were a mess in the past right?
[awesomedtl] million so many times they said they arent changing the currency till goi is seated did something change
[Dego] didn't they come out of the Guardianship already in February after another Court ruling in theur favor maybe now the CBI is only implementing it..?
[millionday] SO THE SERVICES AND THE MANY CORRESPONDING BANKS ECT THAT IT INVOLVES FOR WARKA TO GO BACK TO BANKING IS A HUGE SIGN FOR WHAT IS NEEDED IN ORDER TO DO JUST THAT -- ALL THE SERVICES THEY HAVE CREATED DURING THIS TIME
[lstar877] :53cbi announced today that they are lifting their guardianship
[millionday] Craveman YES -- IT IS POSSIBLE -- THE GOV HAS ALWAYS BEEN A MESS
[Dego] well I was breaking a sweet several times during the last two Years because of WARKA...that sounds much better now...:}
[slh5282] Millionday, thanks for this information, great beginning for the banking world. They have to be released to begin the international relationships with the banks through out the world but also have to have a recognized currency. None of this happens, AS YOU HAVE SAID, at the drop of the hat. Step by step process. But the international banking is huge.
[Dego] sweat I meant..
[millionday] THE THING IS THAT THEY HAVE ANNOUNCED THAT THEY WILL LIFT THE GUARDIANSHIP WHEN THEY RECIEVE THE PAPERWORK THEY HAVE ASKED FOR BUT WARKA IS HUGELY DEPENDENT AND USING TECHNOLOGY AT THIS POINT -- DATA ENTRY
[millionday] IT HAS BEEN RIGHT PAST TWO YEARS -- IT HAPPENED IN MARCH OF 2012
[slh5282] Millionday, I sign on to the bank almost everyday
[lstar877] Millionday ok I thought today. The cbi announced today I misunderstood sorry. So how long does paperwork take?
[10x] millionday your assessment and material was well worth the wait. Thank you for all of it.
[Craveman] millionday YT
[fishheads] millionday Is this tied iton that 2yr Directive From the IMF about keeping The Dinar at a stabile rate for 2 years or a decendant of it?
[Craveman] TY lol
millionday] NICE BUT THEY ARE NOT FREE TO DO WHAT THEY OFFER AS SERVICES AND ARE NOT ABLE TO GROW AND PROVIDE WHAT THEY HAVE TO GROW IN THEIR REVENUES FOR SERVICES AND FOR THEIR STAKEHOLDERS
[Msculver] lstar877 that would be another 2years lol
[awesomedtl] sorryy but what does this all mean for us??
[angus] millionday so as they get the paper work from each bank branch will they release one at a time or wait for them all?
[angus] or maybe I miss under stood.....
[mudder] MD - I think it's GREAT NEWS.... Thank you very much... You've just made my day..
[slh5282] Millionday, any thoughts on what will happen tomorrow in Your Opinion
[millionday] WHEN WARKA IS ABLE TO DO ALL OF THESE SERVICES BECAUSE THEY ARE NOW FREE TO DO THEIR BUSINESS WITHOUT GUARDIANSHIP -- THEY WOULD HAVE TO BE INTERNATIONALLY RECOGNIZED -- WIRE TRANSFERS -- CREDIT CARDS -- STOCK INVESTMENTS ---FOREIGN CURRENCY INVESTEMENTS
[lstar877] Msculver lol
[awesomedtl] they say they postponed meetings till the 12t of aug is that trrue???
[millionday] REMEMEBER THEY HAVE BEEN UNDER GUARDIANSHIP SINCE THEY HAVE BEEN RELEASED FROM CHAPTER 7
[lstar877] Dont wanna be a pain but when? Why do they announce stuff today if we wait?
[buck] millionday i thought the amendments to the 13303 allows banks to now do business with the CBI which in a way is international recognition, without a rate change, is it not???
[fishheads] millionday so what took them nearly 4 months after to pull their heads outta the sand to get this done?
[coolspot] angus Paperwork from the Main International BranchI am sure will cover all their Branches. I am sure something of this nature will be addressed immediately. CBI may already have what they require now.
[Josie] Millionday: I find the timing curious (in a positive way) After all of this time, they announce the lifting of guardianship pending paperwork NOW? Best to ask ourselves, why NOW? With all that is happening in that country, NOTHING is by happen stance. hhmm....
[ernier] fishheads lol 4 months is fast doing anything in Iraq
[disciple7] Josie agreed
[fishheads] ernier sad but true
[angus] soooooooooooooooo we are just waiting for the reality rate for Warka to go full force.....
[angus] coolspot ty
graylnjo] Or is the reality rate just a myth??
[graylnjo] Just askin
[texasrangersjt] How is that we have one aside must have seated GOI amd another saying they dont, just need banking stuff to wrap up and rate to show?
[ernier] texasrangersjt because no one really knows for sure
[Red Skyy] Only one that said they need a seated GOI was Shabibi, he's been gone for years
[letsroll] you getting all these questions Rudi lol
[awesomedtl] ok has million commented on the supposed postponement of parliament session for tomorrow?? bumped to the 12th that was supposedly on the parliament website?
[millionday] buck THE CURRENCY IS NOT INTERNATIONALLY RECOGINIZED AS OF NOW SO WHAT BANKING THEY ARE DOING IS DOMESTIC AND WITHOUT AN ATM CARD
[swan2013] Do you all really think they will come out and tell us when they are going to do this and how????? it will be an element of surprise for sure
[lrojac] This is investment is to beginning to look like a giant episode of Wipeout!
[awesomedtl] lrojac lol
[En4cr] I saw that blurb about Parliament also being postponed until August
[awesomedtl] En4cr hope not
[En4cr] It was on CNN when I was having lunch
[Josie] Millionday: Thank you for bringing this important and very notable information to our attention. Your continued efforts are appreciated
[awesomedtl] En4cr these guys are bunch of clowns
[millionday] lstar877 fishheads - I DO NOT AND NO ONE KNOWS WHEN THE REALITY RATE FOR GLOBAL TRADE WILL BE SHOWN
[sunnyca] millionday thank you so much for all of the research you do for all of us ~
[fishheads] millionday I never asked you that?
[kldfree40] Thanks Millionday for ALL your hard work.
[En4cr] Because they couldnt come up with an agreement on the Leadership positions so they said on the CNN banner
[awesomedtl] yes we so appreciate everything you do for us and help break things down!!!!
[millionday] coolspot I AGREE -- THEY USE DATA ENTRY -- (COMPUTERS) SO IT WILL BE PRINTING IT OUT AND INCLUDING WHAT THEY NEED TO HAVE WHICH WOULD NOT BE DONE AS A SURPRISE
[graylnjo] Why am I not surprised!!
[millionday] Josie I COMPLETELY AGREE -- THAT WAS ONE OF THE LARGEST POINTS I WAS TRYING TO MAKE
[slh5282] En4cr, that is what shafaqq said but Iraqnewsagency said they are working as we speak
[coolspot] millionday I have been dealing with International Banking for over 40 years. I know a little
[graylnjo] I think absolutely no one knows whats really going on over there!!!lol
[disciple7] millionday very good news today thank you
[swan2013] millionday it is amazing info and if everyone can just see beyond the confusion in their eyes will see this is something we needed to see happen and its all good.
[tourman] coolspot and your still sane? lol
[disciple7] grayInjo your killing me with positivity today....
[coolspot] tourman lol
[jtank] thanks md--great info--
[mimi3] oh are we back to thinking positive again?
[jtank] not yet
[disciple7] there ya go... baby steps..
[jtank] the eternal rv
[mimi3] graylnjo lol yep soon since 2009 for me!! lol
[millionday] graylnjo THE VALUE OF ALL CURRENCIES THAT ARE DOING GLOBAL BUSINESS IS A REALITY RATE --- A REALITY RATE IS ITS VALUE-- OF COURSE THEY WILL HAVE A RATE OF WHAT IT IS WORTH WHEN THEY ENTER THE GLOBE –
HOW MANY DINARS REALLY BUYS A TRUCK LOAD OF COKE TO SELL AT THE LOCAL CONVENIENCE STORE -- OR HOW MUCH IS AN AMERICAN CAR REALLY IN DINAR ECT ECT -- ALL COUNTRIES HAVE A VALUE ON FOREX ---- THAT IS THE STOCK MARKET CURRENCY MARKET
[millionday] fishheads OH SORRY HUN MISPRINT
[mimi3] so we are still wait and see no matter how many articles come out right?
[graylnjo] Thanks MD I was beginning to wonder!!
[millionday] I AM NOT SAYING ANYTHING ABOUT THE GOVERNEMENT -- I AM TELLING YOU ABOUT WARKA BANK -- IF I AM NOT SAYING ANYTHING ABOUT PARLIAMENT IT DOESNT MEAN IT ISNT IMPORTANT -- IT MEANS I AM TALKING ABOUT SOMETHING ELSE
[Sam] as i suck on my vapor cig lol
[coolspot] mimi3 lol lol lol
[allanlantrip1975] why so negative today,
[jtank] rumor is citi and hsbc pulled out of Iraq
[millionday] lrojac THAT MAKES NO SENSE TO ME AT ALL OF WHY YOU WOULD SAY THIS LOOKS LIKE A WIPEOUT WHEN I JUST SHOWED YOU ALL GLOBAL BANKING COMING TO THE GLOBE BY WARKA AND ITS RELEASE ON THE WAY OF GUARDIANSHIP -- I DONT GET WHY YOU THINK THAT
[dovi] Israel appears to be going to war at this time..I have news from inside the country
[sheila3] some refuse to see positive in anything
[allanlantrip1975] millionday amen
[coolspot] sheila3 Got that right sweetie
[millionday] jtank RUMOR -- KEY WORD