Currency Exchange in the US

Transcription

1 Currency Exchange in the US By Unknown Author. It s time to do our Currency Exchange! This information is not meant to advise. Please consult your own team of banking, tax and financial advisers whenever you have a question. This info is compiled from Intel and rumors from across Dinarland. There are no rules for this worldwide event and all is subject to change in any instant. It may be helpful to prepare your own written step-by-- step checklist to follow once things start rolling so that the experience may be organized, relaxed and fun. This is an amazing event that we are super blessed to be a part of... Ready! Page 1

2 STEP 1 The RV/GCR Rates Go Live! 1. We may receive notification in many ways, for example: 2. TNT will tweet the 800# 3. EXOGEN will post Santa in his full red suit on s3alpha 4. Dinar Recaps will their membership 5. A friend or family member may inform us 6. Our personal Banker / Wealth Manager may contact us, if pre- arranged 7. The new rates may or may not be immediately listed on FOREX, CBI, etc. To make our exchange appointment: 1. Call the 800# immediately 2. Contact your wealth manager / banker as pre-arranged 3. It is recommended to contact others we may be informing after your own appointment is made but before your exchange occurs because once and IF we sign an NDA (NON DISCLOSURE AGREEMENT) we will have to go silent Calling the 800#: 1. This call will last no longer than 2 minutes 2. Have ready: Your name, phone number; amount of currency you wish to exchange; zip code where you intend to exchange; address (this may not be required, but if it is, you may wish to give a temporary for privacy sake) 3. There will be little or no time to ask questions Page 2

3 4. The call center will likely not have answers to any questions except appointment scheduling info 5. Write your appointment time and location down right away 6. Make a different call for each person/entity you will be exchanging on behalf of (i.e., personal or corporate trust, LLC, spouse, etc.) STEP 2 Before the Exchange Appointment: 1. Prepare needed exchange items 2. Gather 2 forms of official picture ID (driver s license, passport, state ID, military ID, etc.) 3. Make 2 color copies of each ID 4. Do a final count of currency and prepare to transport it safely 5. Contact your currency dealer and make arrangements to collect your reserves, if applicable 6. Prepare currency purchase receipts and POO (proof of ownership/receipts, gift letters, etc. if instructed to on the phone. Keep in a handy place for further reference if not required. This is more for tax purposes down the road. 7. Ensure that you have any of your gifting letters organized and distributed to recipients 8. Ensure knowledge of personal information (address, , SSN, etc.) 9. Gather current bank account information, if relevant 10. Prepare a list of cashier s checks to be printed for immediate disbursement, if desired (keep it as simple as possible for 1st appointment) 11. Bring practical personal items: pens, calculator, notebook, checklist, etc. 12. Contact any friends and family you wish to inform Page 3

4 13. If you take the Contract Rate or sign any NDA, you may not speak of your exchange in any way (even nonchalantly!) with others after it occurs. You will have to practice a response to have at the ready and do not deviate. The cost is too great. 14. Be aware not to overload or confuse those who have not been following this event 15. Contact members of your banking and wealth management team 16. If you decide to have your lawyer and/or accountant in the exchange with you be aware that this may slow your appointment, causing it to be rescheduled or bumped to the back of the exchange line 17. Set up immediate appointments with your advisory team for after the exchange 18. If you do not yet have financial advisors, begin to formulate a post RV plan to secure some 19. Arrange any travel plans 20. If you or a loved one is traveling to exchange, make all arrangements 21. Be sure all travel plans are secure and refrain from public transportation with revalued currency 22. Take a moment to center and reflect Gather loved ones Walk in nature Give thanks Breathe deeply Inwardly go over the coming currency exchange with a feeling of peaceful assurance STEP 3 The Exchange Appointment 1. Arrive prepared and on time Page 4

5 2. Know the location and factor in traffic 3. Eliminate unnecessary stress by making careful plans and writing them down 4. Ensure any advisors are well informed of time and location for appointment 5. Bring all exchange items listed in Step 6. Understand appointment parameters and logistics 7. The 800# appointments are for Dinarland Group, those following this event closely. Folks not following this event closely will easily be able to exchange without an appointment and most likely will not have contract rate opportunity. 8. Every appointment is to take no longer than 20 minutes 9. Bank staff is trained to adhere to this time schedule and requesting a longer exchange appointment may cause you to be bumped to the back of the line, unless you already have arrangements with a personal banker 10. Calling a bank directly, and without an existing relationship with a personal banker or wealth manager will likely result in being directed to the 800# Call Center to schedule an appointment 11. You may request a longer 1st appointment but it may affect your slot 12. It is possible to exchange through your established private banker 13. The initial exchange appointment is intended for currency exchange only. Other banking may be done at second and subsequent appointments 14. Currently only your spouse or financial advisor is allowed to join you in the first exchange discussion 15. Appointment Goals: a. Exchange all intended currencies b. Understand and sign NDA and Bank Contract, if applicable/chosen Page 5

6 c. Understand exchange rates and tax rates for the exchange tier you have chosen d. Ensure fees are appropriate for exchange; a 2% fee is the only mandatory fee that we now know of subject to change e. Open 2 each, new Non Interest Bearing accounts (if applicable) 1 for Dinar and one for all other currencies and make sure there is an existing ZERO balance ($0.00) to deposit legal gold-backed tender f. Ensure that the new accounts are NON testing, Non training and NOT available online (off internet BEHIND THE FIREWALL ) g. Get copies of all signed paperwork: new accounts, NDA, Bank agreement, deposit slips, etc. h. Get cashier s checks i. Arrange your follow up appointment with a Wealth Manager *** Remain aware yet flexible. The exact and final Exchange rules are not yet known. STEP 3 The Exchange Appointment - Exchange Tips: Page 6

7 1. Have an idea of the current exchange rate that you will likely choose, if there is a choice, including: International Rate the street rate available anywhere in the world, and may be different that market rate in USA and depending on the currency in question Market Rate - this will be the public rate and may have tax advantages Contract Rate - a possible higher rate for the IQN (Dinar) and the VNN (Dong -Higher taxes and fees may be incorporated in the Contract Rate - You may have to ask if the Contract Rate is available and it may require an NDA & Bank Agreement 2. Ask to see any and all rates on the bank screens 3. To choose a rate, factor the net of each rate, consider restrictions & choose the one that s for you 4. If you sign an NDA, NEVER talk about your exchange to anyone EVER 5. In the unlikely event annuities or structured payouts are offered, refrain from accepting during this appointment 6. Refer to the transaction as a currency exchange rather than as an investment or cash in 7. Refer to the currencies ONLY as follows (disregard other monikers): Iraqi Dinar IQN Vietnamese Dong VNN Zimbabwe Dollar ZWN / ZQL (?) 8. Read ALL contracts such as the NDA and the Bank Agreement starting from the back and going to the front for easier clarity 9. Sign under FINCEN 104 Part 2 Line 33 Currency Exchange, this defines the exchange as NOT an investment 10. Ask questions when you don t understand something Page 7

8 11. Obtain business cards from everyone at your exchange and put them in a safe place for future reference 12. If you do not feel comfortable remember that you may leave and exchange at a later time 13. It is believed that all of Dinarland will complete their exchange within 72 hours of rates going live. 14. The market rates for the public will also be very good 15. When opening account(s) for exchange, open NIB accounts that are not electronically accessible 16. We may receive further detailed instructions on exchange procedures and we may not Questions TO ASK during exchange include: 1. If I sign this NDA, how may I speak about my exchange? 2. Other people know I have currency, how do I handle that once I have signed this NDA? 3. May I please see the official exchange rates on your screen? 4. Does signing this Bank Contract make me a partner in the bank and liable for its debts? 5. May I order any Cashiers Checks at this appointment? 6. When is my next appointment and may I bring my (accountant/lawyer/wealth manager)? (Note: It is possible that the exchange staff may not have the answers to the previous question.) STEP 4 After the Exchange Bank Appointment - Immediately following your currency exchange, make a follow up bank appointment: Page 8

9 1. Put 55% of the gross amount received from the exchange in an account for taxes 2. Keep Dinar in an account separate from other currencies for tracking and tax purposes 3. Open brand new accounts from the ones opened at the exchange and sweep all funds into the new accounts then close the original accounts. This creates a greater wall of privacy for your accounts. 4. Designate one new account the Mother Load account that is only accessible by you and your private banker (Note: you must only sweep once to internalize your new accounts) 5. Designate one new account the Working Account electronically available & for everyday life 6. Take proper security precautions at all times (change passwords, use bank only computer, etc.) 7. After due diligence for online security companies I went with: Privacy Abroad 8. Realize that you can negotiate almost all bank fees and services 9. Understand what kinds of accounts you choose and why 10. Do not give control of your accounts or money to anyone including your banker 11. Move money to other banks or credit unions and the best choices for banking are 4 and 5 star, Tier 2, with no derivatives 12. Ask for all accounts to be NON testing, Non training and NOT available online (off internet and BEHIND THE FIREWALL) 13. For a period of time, wiring more than $500k may cause your accounts to be frozen. Start out slow and move money with wisdom. 14. Hire a team of professionals; wealth manager, lawyer, CPA, etc. 15. Have consultants other than just the wealth mangers at your bank Page 9

10 Make a plan 1. Use financial tools (Trusts, Foundations, etc.) with professional guidance and to your advantage 2. Structure your financial plan around your goals and values 3. Know what percentages you want to: save, invest, give and live on and pay for taxes 4. Tax information/requirement is as of yet unclear so set aside 55% of the gross amount exchanged for taxes Give, Heal, Celebrate This Global Currency Reset is the beginning of total healing of every area of life on our planet. Celebrate as we join together to welcome the New Golden Age! Page 10

11 Additional Information Contact for Sterling: Capital Gains Tax Calculator: Bank Ratings: Bank Derivatives: Page 11