Exchange Iraqi Dinar Form

If you are holding Iraqi Dinar and wish to exchange your Dinar for U.S. dollars, there
are only a few ways to do this:

•        Sell them to a friend.
•        Sell them on eBay.
•        Fly to Iraq and exchange them.
•        Exchange them through us.

Chances are, you don’t personally know someone who wants to exchange dollars for
Iraqi Dinar, and selling foreign currency on eBay is very problematic. Flying to Iraq to
exchange your Dinar in person is not only expensive but also dangerous, risky and
time-consuming.   That’s where we come in – with a legal, safe and inexpensive way to
exchange your Dinar for dollars. Until the Dinar is traded in the international money
markets like most other currencies, you can take care of this exchange through us,
protected by our iron-clad guarantee.

How the Exchange Takes Place

We safely transport Dinar to Iraq, legally exchange it, and then wire the funds back
here to our bank. Once the wire has cleared and the funds are in our account, we will
send the money to you. We take all the risk of traveling to Iraq, in return for a
reasonable transport and transaction fee. It takes several weeks for the exchange.
During that time, you can track the progress of the exchange and experience the
protection of our guarantee.

Our Guarantee: You take no risk in sending us Dinar to exchange for dollars
because we pledge to return to you within six weeks either the Dinar you sent
us or their dollar equivalent, minus the transport and transaction fees. We
are a Federally Registered Money Exchange Service, doing business under
the watchful eye of the U.S. government.

The process works like this: We gather up any Dinar people want to exchange. We
need at least 500 Million Dinar to make the trip worthwhile. That generally takes about
two weeks. Once we have enough Dinar, we finalize our travel arrangements and will
arrive to exchange your Dinar in about a week. Once we get there, the dollars arrive
back at our bank in the U.S. within two or three business days. We then send you your
dollars, minus our transport fee (which you prepay and any bank conversion fees
(which are paid at the time of exchange).

If you exchange Dinar worth more than $10,000 U.S. in one transaction, we will wire
you the funds. Otherwise we send you the funds by check.

Our Reasonable Transport Fee

What does the exchange cost you? We charge $70 U.S. per million Dinar to exchange
your Dinar, plus any exchange fees the Iraqi bank charges when we exchange your
Dinar. The banks usually charge 5% to exchange your Dinar for Dollars.

For example, let’s say you want to exchange 10 Million Iraqi Dinar for dollars.
We charge you $700 to handle the transportation and paperwork. Suppose then that
the day we exchange your Dinar, the exchange rate is 1475 Dinar per dollar. This
means that your 10 Million Dinar gets exchanged for $6779.66 U.S. (10,000,000
divided by 1475 equals 6779.66.) The bank charges a 5% exchange fee, which is
$338.98 U.S. Therefore you would receive a check from us for $6440.68 U.S. (6779.66
minus 338.98, not counting the $700 transport and transaction fee.)

Discount for Why Buy Dinar.com Customers

If you originally bought your Dinar through our main site, www.whybuydinar.com, we
offer a $20 per million discount on our transport and transaction fee. Here’s why.
Since we are a Federally Registered Money Service Business, the U.S. government
can audit us at any time and demand to see the legal paper trail of where this Dinar
came from and where it is going. For customers who bought their Dinar from us, we
already have that paperwork and can easily provide it. For any customer who did not,
we must take extra time to help them obtain the necessary documentation.

Exchange your Dinar for Dollars with Peace of Mind

We want you to feel confident about doing business with us. Therefore, here are some
links and additional information for your protection.

Check to see that we are a Federally Registered Money Service Business.

How can you verify our federal registration?

We are registered with the IRS (A division of the Department of the Treasury). There is
a listing of registered MSB's on the MSB website.

We are located in the state of Minnesota,
under the name Why Buy Dinar LLC.

To look up the current exchange rate of Dinar to dollars.

You can check the ticker at the top of our Daily News page, or follow the link to the
Central Bank of Iraq on our Useful Links page

When we receive your Dinar, we will email you by the next business day to let you know
that it arrived. We also recommend that you send us your Dinar using a secure
mailing service that includes tracking. We recommend using the US Mail service - you
are able to send Dinar to us legally and insured up to $25,000 US in value
if you send it to us through Registered Mail. Please check with your local post office for
further details.

After we receive your Dinar, we provide you with a page on which you can track the
processing of your Dinar, indicating when it leaves our office, when it is exchanged and
at what rate, and when you can expect to receive your payment.

And remember, you take no risk in sending us Dinar to exchange for dollars
because we guarantee to return to you either the Dinar you sent us or their
dollar equivalent, minus the transport and transaction fees.

Ready to exchange your Dinar for dollars?

                            Due to the daily changing price and difficulty in transporting
the Dinar to exchange securely right now, we are not exchanging Dinar.

To sign up to receive an email notice when we are able to exchange Dinar
again, Please click here to sign up