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Thread: Isx 2019

  1. #11
    Supporter and Investor!
    Join Date
    Aug 2004
    Posts
    557
    Carter it's not a bother to answer questions, that's why I post here.

    The profits I have received are in dinar. They are added to my Al Karmal account balance. I then use that money to buy shares of other companies depending on which ones are trading.
    My hope is that when the dinar value rises I will sell some shares of something and take that money (which are in dinars at Al Karmal) and ask them to wire transfer through Bank of Baghdad ( this is where I wire US dollars money into Al Karmal and its converted to dinars) back to my US account which will be converted into dollars.

  2. #12
    Supporter and Investor!
    Join Date
    Mar 2009
    Posts
    74
    James

    Do you need an account with Bank of Baghdad to get money back to countries like US, UK?

  3. #13
    Supporter and Investor!
    Join Date
    Aug 2004
    Posts
    557
    Not to my knowledge. Al Karmal uses BOB and that is who would be in charge of wiring funds to your account where ever you live.

    I have tried to open account at several banks in Iraq but the laws have changed (to my knowledge) and you must appear in person to open an account now.

    If anyone has more info about this please share.

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