Jun
17
If currency rates improve greatly for Iraqi Dinar, can I exchange them for U.S. dollars at the world bank?
By
codeazrael asked:
When the Iraqi Dinar rates improve, I would like to know any U.S. bank I could go to to exchange Dinars for U.S. dollars.
When the Iraqi Dinar rates improve, I would like to know any U.S. bank I could go to to exchange Dinars for U.S. dollars.
5 Comments
June 18th, 2009 at 10:13 am
Hey, nice post, very well written. You should write more about this.
June 18th, 2009 at 6:18 pm
I’m not sure about any U.S. banks, but you should be able to. I know you can in an Iraqi bank
June 21st, 2009 at 9:19 am
yes if you have passport then you can replace any currency in dollor there
June 22nd, 2009 at 10:24 am
No, the World Bank is strictly for providing monetary assistance to countries. They don’t deal with individuals.
As an individual, you deal with any US bank that handles foreign currencies. Now I’m personally not aware of any that handle the new Iraqi Dinar yet, but that doesn’t mean they’re not out there. You could easily contact any of the large banks, like Bank of America, Wells Fargo, etc. and ask.
If not, then you could try American Express Travel, which also does some currency exchange.
June 23rd, 2009 at 1:17 am
When Iraqi Dinar goes official exchange rate, you may exchange your dinars as follows;
Major Banks that offer currency exchange services. Any major Bank that exchanges Yen, Euro, etc will also be able to exchange Dinar. Because Dinar is not an official money or currency it is currently only traded in Iraq.
‘The question is not ‘IF’ it happen but “WHEN” it happens!