Question: “Why is it so hard to find a bank as of right now to take IQD?”
Because Iraq is under OFAC sanctions. You have to go to brokers…Maybe CitiBank and I’ve heard of maybe one other bank right now that sell Iraqi dinar, but most of the basic large banks in the United States do not exchange the Iraqi dinar because they are under US OFAC sanctions. Do not go into banks asking them about the Iraqi dinar. They’re going to kindly tell you to exit their facility and get out. It’s a waste of your time. Don’t do it. : Jeff
