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Q. I'm selling currency for a family member. I'm the Power of Attorney. Do I need to do anything different than if I was selling my currency?A. The easiest procedure would be to place the order in your own name, but if this does not meet your requirements please place the order and give us a call for more guidance.
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Q. When I exchange my IQD investment, will I be taxed on the proceed amount? Thank youA. Please check with your tax advisor for more information on this.
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Q. I had some dinar get torn in half. Can it be sent in for new? If so, where do I send it. Thank you.A. As a private company, we do not exchange any IQD that is torn.
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Q. Is Iraqi dinar tied to silver or gold?A. No, it is not.
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Q. What happened to my order? It was canceled.A. A canceled order is usually an order that has expired due to incompletion of the verification process, or there is already a previous open order for the same customer. We recommend calling to get more information on your particular order.
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Q. Please explain the buyback program.A.
Once you're ready to sell your currency, just enter a sell request, where the process is explained step by step.
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Q. What are the ACH instructions for submitting an order?A. Depending on your bank and account type, procedures may be different. Some banks will allow the ACH/Wire to be made via online banking, and some require a physical signature.
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Q. Can I make payment by Western Union?A. Western Union payments are not one of our supported payment methods.