Saturday, March 9, 2013

NEW TREASURY REGULATIONS


NEW TREASURY REGULATIONS

Please note new regulations on exchanging Iraqi Dinar:

1. Ledger to Ledger transfers / Internal transfers will not be allowed
due to US Treasury Department restrictions.

2. Per US Treasury Department directives, wires can only be sent to
the individual exchanging the dinar and the account must be in that
person’s name.

3. Per US Treasury Department directives, wires can only be sent
internationally if the individual making the exchange is a citizen of
that country and the account is in the customer’s name.

4. Exchanges to trusts must be initiated by the beneficiary of the trust.

5. Per US Treasury Department directives, dinar exchanges must convert
to US dollars in the customer’s name prior to any purchase of precious
metals or other commodities.

5 comments:

Anonymous said...

What is the source of this information?

Anonymous said...

I just found a link to this same info on March 9 2011!

http://dinarvets.com/forums/index.php?/topic/57810-new-rgulations-for-cashing-in-for-us/

Anonymous said...

How can exchanges to trusts be initiated by a beneficiary?
The beneficiaries did not set up the bank account for the trust.

Anonymous said...

Sounds like disinfo bunk. As far as trusts, it's the Trustee that will initiate all transactions. Having a beneficiary manipulate the trust would defeat its purpose, and most likely invalidate it.

Anonymous said...

AGREED! further, a Trust is a Prviate Contract b/t parties, of which UST is not one.