Monday, July 19, 2010

Part 3: The how and where of Dinars

Now that we have discussed the history and possibilities of Iraq and its future, let talk about where is our best option to invest in Iraq.

You want something that is safe, secure, easy to access, and easy to buy, sell and trade.

There are 4 main options, buy from a reputable website, buy it on EBay from a certified seller, find a Chase Bank to get it at, or open an over seas account.

Buying from a Website is a great option, they let you pick your denomination, pay with a credit card, and usually sell and buy, that way you have a way out to. Also if something goes wrong you can get your money back. DO NOT ever pay with a wire transfer or money order! Check out this site http://www.dinartrade.com/

Buy on EBay can be a way to save money over a website, but you also run a higher risk of getting scammed or fake notes. Buy only from reputable dealers with high feedback's. And make sure they have a return policy, and their currency is certified.

Chase Bank is the only bank you can get them at in the US right now. Call your local branch and they will order them from their fulfillment center and you will have them in a day or two available to pick up. http://reviews.ebay.com/US-BANK-IS-NOW-EXCHANGING-IRAQI-DINARS_W0QQugidZ10000000004899723

Finally you can open and over seas account, this might be the easiest most efficient way to do it. There a only few banks to do this with, and the banks in Iraq is probably your best bet. Here is a list check it out and see what you think is best.http://www.iraqi-dinar-4escape.com/account.html

And lastly, do your research, and then decide is the risk worth a shot at reward? I will leave that for you to decide.

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