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Banking in Iraq

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Banking in Iraq

Post  Ideadude on Mon Oct 03, 2011 11:11 am

There are some advantages to doing this. You can get it for less and if something happens which we dont expect (for example if they reprint their currency and invalidate the current issue) then your investment is secure. The downside is the amount of time it takes to handle any transactions.

I have some of my investment in Al-Warka. It takes me at least a week to get a reply from them. They also like to change their rules. I moved a bunch of my dinar with them into a cd and when I wanted to renew it they said I had to have a larger sum to be able to do that. Im not sure that I could recommend this.

Ideadude
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