First off I would like to say you have nothing to be anxious about or worry, the RV is going to happen in the US and world wide soon. As you will have already learned if you are in this ride for a while there is never any specific dates or rates given which is pretty obvious why.
Second, as you can see on the top of every single page there is a menu header that has Index|User List|Rules|Search|etc
The most important tab in the menu header for new people and some veterans that have questions is "SEARCH".
Please for the love of sanity and not repeating each other over and over again with the same questions or the same information enter your question or keyword phrase into the search function before you make a TOPIC to get an answer.
10 out of 10 your question has already been asked and answered by a lot of people. Or you can always do what I do and click on the General Discussion page or Intel Rumor page and look at not only the 1st page but the 2nd page and see if what I am going to ask or post is already there.
Read More Link On Right
Now to answer some questions that are asked almost on a daily basis for the past 3 months.
1)will the Dinar and Dong RV?
2) when will it happen?
no one knows definitely, but currently it seems possibly before Nov.1 2013
3) what is the Dinar rate?
no one knows what it is until it does RV, but right now the teller screens at the exchange centers says its $30+ USD
4) is that dinar rate the same everywhere as in the US?
From Tony has said he doesn't think so. Best bet is if you live in another country and can afford to fly to US to exchange then do that. besides you will be a millionaire now so who cares about buying a oneway ticket to the US.
5)what is the rate for the Dong?
no knows until it does RV, but right now it is a little higher than $3 and less than $4
6)Can I negotiate for the Dinar rate or the Dong rate?
Yes but you will get screwed for trying to get the extra money. Tony said there are traps to get you if you do. And almost 99% of people on here will never see the trap coming so don't even bother trying it and please stop asking this question! If you have to ask then you are not smart enough trust me.
Lawyers don't ask questions like this they just read the papers in front of them and then ask what this line means and does it mean this.
7)Will the Zimbabwe currency RV?
yes, it might be in this basket. But I am actually leaning on the inclination that it is in the next basket. Tony has been a little dodgy on this. He said before that he believed in the second basket and then he said that the people deciding on the RV heard him say that and decided to make it in this basket.
Tony also does not have much info on the Zimbabwe which is why he is not pushing information out on it like he is with the dinar.
8)what will be the rate of the Zimbabwe if it does RV in this basket?
no one knows the rate, but right now Tony is saying $0.22
9) Will there be zeros removed from the Zimbabwe currency?
Yes, either 6 or 9 zeros from the 100 Trillion note. Tony has not mentioned anything about exchanging 50 million notes, 100 million notes, 100 billion notes, etc. so I would not get my hopes up that those are able to be exchanged.
10)Where can I find the #800 and when will be able to call them?
You will find them on tntdinar.com and on tntdinar.boardhost.com You will be able to call them as soon as they are posted.
11) Do I need an appointment to exchange dinar?
Yes, call the #800 and make your appointment to exchange them.
12) Can I bring my Mom or someone else that has dinar with me to my appointment to exchange his or her's at the same time?
NO! Absolutely not! This is a one person only appointment. You can bring someone else with you like your wife or husband or child but he/she is not able to exchange their own at the same time. Each individual exchanging must have their own appointment.
13) Can I exchange one dinar note with out an appointment?
You can exchange up to $25k in dinars at one bank of one branch before an appointment. You can go to a different bank and exchange up to $25k again in dinars if it is a completely different bank like say you go to a WF the first time and the second time you go to a Chase.
14) Will I be able to cash out my reserves before the 30 days?
Of course you can, and this is mostly up to you and how fast you want to do it. You can pay it all off and have them overnight it to you, or you can have them cash you out and wire the money to you.
A lot of this depends on which dealer you have reserves with but like I said it also depends on how fast you want to get your money plus how much of an endeavor you want to make it.
15) Do I have to sign a NDA to exchange?
if they ask you to sign one then yes. If they don't ask you to sign one then no.
16) Can I tell anyone how I got my money?
well, if you signed a NDA and it said you cannnot then absolutely not! If you didn't sign a NDA or if the NDA said you could then that is totally up to you if you want to make yourself a target for people trying to bum money off of you or stealing it from you.
17) Will I talk to a wealth manager or personal banker while exchanging?
No, this is strictly a currency exchange. You will exchange your money and will make an appointment to later with a wealth manager or personal banker or account manager depending on the amount of money you have now.
18) Should I deposit the USD I am getting in exchange for dinars at the exchange appointment into my LLC account?
Absolutely not!!! You should deposit your money initially into a brand new account. If you are smart you would really deposit the dinars that have been exchanged into USD into more than one account initially or you would have exchanged some dinar at one bank and some more at another bank.
Only deposit a fraction of your money later into the LLC account you have if you use that for regular business expenses that you can right off.
19) Will I be able to set up a Trust account at the exchange appointment?
Nope out of luck on that one too. you will be able to do it later with a wealth manager or personal banker
20) can I negotiate the spread fees?
Yes, well actually it will not be much of a negotiation. Just tell them you want no spread fees or you won't deposit there. That will make them wave the spread fees.
21) will there be taxes on this exchange?
Oh you can bet your sweet tushy there is. Does the sun come out during the day? No one knows what the tax rate will be yet. So make sure you set enough aside for taxes.
22) should I deposit my dinars, dongs, and other currencies into separate accounts when I exchange?
Most definitely. Because no one knows how each will be taxed it is best to deposit the funds that you received from exchanging these currencies into new and separate accounts.
* side note new account means there was no money previously in it. Some banks require accounts to have $100 in it to be new. make sure that it is completely empty before depositing your exchanged money into it or make sure that the $100 used to create it is from that currency you are depositing into it. $100 from dinar will open a new dinar exchanged account and same scenario for dong.
23) Did I change my avatar and why?
Yes, my avatar before was Mr. Sinister but apparently many people on here did not like it and thought it looked to sinister or scary. So know it is Vegeta the Prince of all Saiyans.
24) Do I need to make an appointment to exchange Dong?
No you do not need to make an appointment to exchange Dong. Dong is already a tradeable currency and you can just walk up to a teller and tell them you want to exchange it.
However if we are talking about millions of Dong the teller will most likely give you the pamphlet that contains currency exchange locations and the #800 numbers.
You do not have to schedule an appointment to exchange the Dong. You can just walk into one of the exchange locations on the pamphlet and exchange your Dong.
Please do not try to exchange your Dinar at the same time that you just walked into the exchange location to exchange your Dong and then make a big scene when they tell you that they will not be able to exchange your Dinar without an appointment. (thank you K Boom for reminding me of this one. I posted it on an earlier thread but not on this one)
I hope this answered a lot of questions for everyone who happens to read it.
Last edited by gundam701 (Today 12:06 am)