Are you interested in buying Iraqi dinar? If you are, then you know that it is not available at banks or other financial institutions and the best way to buy dinar is through a reputable online currency dealer. Here’s a list of things you should look for when you are considering an Iraqi Dinar dealer.
Reputation
Searching for Iraqi Dinar Dealer on Google will result in pages and pages of articles, forums and a few dealers. It can feel overwhelming! I suggest that you write down a few of the names you see and then check them out by visiting their websites to learn more about the company, who the owners are, if they have a Better Business Bureau rating, licensed with a physical location listed. If you can’t find any of this information on the dealer’s website, be wary! You’d do your homework on any other major purchase, wouldn’t you?
Security
A trustworthy dealer will have measures in place to protect any of your personal information. Be sure they use a secure SSL connection so that your information is safe. They should have a Terms & Conditions document available for you to read that will spell out exactly how they operate and what their policies are.
Product
There are a few things to look for in this category. First, you need to understand the dinar and the risks inherent in any currency purchase. Prices go up – and down – and you should be aware of that. Second, you should choose a dealer who maintains adequate inventory of dinar so that your order will be processed and shipped in a timely manner. Third, it’s a nice bonus to find an Iraqi Dinar dealer who also sells a variety of other currencies.
Sell-back / Exchange
I personally would never consider buying dinar from a dealer who won’t let me sell it back. Be sure to check that you can do this. Some dealers even allow you to direct exchange your currency for other currencies or precious metals.
Compliance
Many dealers try to skirt this issue, but believe me, this is something you want to look for. A dealer who isn’t following industry and government regulations is a dealer who may not be around for long, and then where will you be? So even if it seems a hassle to follow some of their procedures, it’s to your benefit to buy from a dealer who is compliant and tells you so. Money service businesses are required to have licenses in some states, and you can check to see if the dealer you want to use has the required licensing.
Website
A quality website is another simple way to choose a dealer. The website should be easy to navigate, with clear information about product, pricing, shipping, purchase programs, payment choices and FAQs. There should be contact information so you can ask questions before you buy or during the order process. Order forms should be simple and clear, with the ability to purchase all your currency on just one form.
Customer Support
I don’t know about you, but I like to actually talk to a live person in the U.S. when I have a question, so I want a dealer who offers me that choice and posts their business hours. It’s great to also have some Live Chat available for after hours and a ticket system for those times it’s easiest to send an email.
If you follow this advice and use these guidelines, it will help you find an Iraqi dinar dealer that you can trust. Sterling Currency Group is committed to providing customers with the products they want, such as Iraqi Dinar and Vietnamese Dong, at competitive prices. Sterling Currency Group offers an easy to navigate website; many different programs for purchasing currency (Full Purchase, 30, 45, and 90 Day Layaway); a good variety of payment choices such as eCheck, wire, mail and COD; a robust compliance program; quick order processing and shipping by FedEx; currency sell-back program; and a staffed customer support center with live representatives and extended hours live chat to assist customers.
Sterling Currency Group 