Zimbabwe Currency Exchange – White Paper – January 1, 2017
Zimbabwe Currency Exchange
White Paper
January 1, 2017
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Denomination Sizes
All notes
* Bring everything
Printing Issues
All series
* Bring everything
Exchange Locations
1,700+ in North America
Screen Rate
1.00 USD
* Values less than the screen rate are also available
Sovereign Rate
Max: 125,000 USD
* A sovereign rate will be determined by exchange banker and depend on the scope of your humanitarian projects and job creation vision, capability and experience
Structured Settlements
Term: 18 months – 50 years
Interest: 2% – 8%
Payouts: Annual, Semi-Annual, Quarterly
Non Disclosure Agreement
Mandatory for all ZIM holders
Mandatory and much more in depth for sovereign rate redeemers
Cash Withdrawal
10,000 or less
Cashier Checks
5 or less
Bank Wires
5 or less
Max Amount: Ask exchange center banker
* Exchange center bankers also have wire access to all banks worldwide and can place funds in existing bank accounts
Skeleton Trusts
Mandatory for all exchanges
Existing trusts are acceptable
All trusts are revocable (i.e. changeable)
800 Numbers
Released via existing bank websites and specific internet portals
* Just tell operators what currencies you hold and they will direct you
Bank Selection
Operators will place you at ZIM specific exchange centers
* HSBC now overriding all ZIM transactions no matter where you redeem
Personal Accounts
New accounts will be opened if you do not have existing accounts
Checking and savings accounts are available
Investment Appointment
A wealth management consultation can be set up at the time of your exchange or made later at your convenience