Iraqi Dinar
TEMPORARY PROGRAM SUSPENTION
As of Friday July 15, 2011 we are temporarily suspending account opening for the purpose of exchanging Dinar. If you already have an account with us we will exchange your Dinar. All new accounts opened after July 15, 2011 will not be eligible for exchanging Dinar. We are currently re-evaluating the structure of the program.
General Information
Please note that currency exchange is not our primary business and the majority of our regular banking transactions are handled through our Internet banking services. Therefore, we are not staffed to handle a high volume of branch traffic. If you are with a group of several people that will be bringing in Dinar you must call to make an appointment before coming to the bank. At any time, the bank reserves the right to suspend, limit, or cancel our Dinar exchange program if it hinders our ability to provide our primary banking services.
Frequently Asked Questions
Do you have the DeLaRue machine to check for counterfeit foreign currency including Dinar? No
Do you handle Iraq Dinar? Yes, only for customers who live in Hawaii
What is the Current Exchange Rate? 0.000813 as of 07/18/2011
How much can I sell to Pacific Rim Bank? We will not exchange Iraq Dinars from a non-customer. There currently is no limit for Pacific Rim Bank customers.
Can I purchase Dinar from the bank? No
What will it cost to exchange Dinar? In addition to the spread on the exchange there is a $5.00 per transaction fee. The minimum to exchange is $300.00 US dollars. If the order is below $300.00 US, there will be an additional $10.00 small order fee. The total fee would then be $15.00.
Who can I contact if I have additional questions? Please do not call the branch. Please contact Michael Sasaki, SVP & CFO at michael@pacificrimbank.com
Procedures for exchanging Dinar:
1. You must be a Hawaii resident to exchange Dinar with Pacific Rim Bank.
2. You must have an account opened on or before July 15, 2011 with Pacific Rim Bank to be eligible to use our exchange services for Dinar.
3. When you are ready to exchange your Dinar, you can visit this website for the current exchange rate. Please do not call the branch for the exchange rate. You will be referred back to this website. Once you come in to the bank, you will get the rate available on that day.
4. The bank will take your Dinar and give you a receipt for the exchange. We will then send your Dinar to be verified at our currency exchange processing site on the mainland. It typically takes 24hrs for verification but if there is a large volume of Dinar, the verification process may take longer, even up to a week. However, your exchange rate will not change. You will get the rate that was available on the day you gave the Dinar to the bank.
5. Once the Dinar is verified, the bank will be credited for the Dinar and then we will credit your account at the bank. We will credit your account the same day that we receive credit for the currency.
http://www.pacificrimbank.com/dinar.html
TEMPORARY PROGRAM SUSPENTION
As of Friday July 15, 2011 we are temporarily suspending account opening for the purpose of exchanging Dinar. If you already have an account with us we will exchange your Dinar. All new accounts opened after July 15, 2011 will not be eligible for exchanging Dinar. We are currently re-evaluating the structure of the program.
General Information
Please note that currency exchange is not our primary business and the majority of our regular banking transactions are handled through our Internet banking services. Therefore, we are not staffed to handle a high volume of branch traffic. If you are with a group of several people that will be bringing in Dinar you must call to make an appointment before coming to the bank. At any time, the bank reserves the right to suspend, limit, or cancel our Dinar exchange program if it hinders our ability to provide our primary banking services.
Frequently Asked Questions
Do you have the DeLaRue machine to check for counterfeit foreign currency including Dinar? No
Do you handle Iraq Dinar? Yes, only for customers who live in Hawaii
What is the Current Exchange Rate? 0.000813 as of 07/18/2011
How much can I sell to Pacific Rim Bank? We will not exchange Iraq Dinars from a non-customer. There currently is no limit for Pacific Rim Bank customers.
Can I purchase Dinar from the bank? No
What will it cost to exchange Dinar? In addition to the spread on the exchange there is a $5.00 per transaction fee. The minimum to exchange is $300.00 US dollars. If the order is below $300.00 US, there will be an additional $10.00 small order fee. The total fee would then be $15.00.
Who can I contact if I have additional questions? Please do not call the branch. Please contact Michael Sasaki, SVP & CFO at michael@pacificrimbank.com
Procedures for exchanging Dinar:
1. You must be a Hawaii resident to exchange Dinar with Pacific Rim Bank.
2. You must have an account opened on or before July 15, 2011 with Pacific Rim Bank to be eligible to use our exchange services for Dinar.
3. When you are ready to exchange your Dinar, you can visit this website for the current exchange rate. Please do not call the branch for the exchange rate. You will be referred back to this website. Once you come in to the bank, you will get the rate available on that day.
4. The bank will take your Dinar and give you a receipt for the exchange. We will then send your Dinar to be verified at our currency exchange processing site on the mainland. It typically takes 24hrs for verification but if there is a large volume of Dinar, the verification process may take longer, even up to a week. However, your exchange rate will not change. You will get the rate that was available on the day you gave the Dinar to the bank.
5. Once the Dinar is verified, the bank will be credited for the Dinar and then we will credit your account at the bank. We will credit your account the same day that we receive credit for the currency.
http://www.pacificrimbank.com/dinar.html