Mountain Goat – Dinar Guru I have discounted any bank stories a very long time ago. All I know is each bank I visited, when in the US last, all told me that they would not touch the Iraqi dinar…due to ongoing OFAC sanctions. …The banks DO NOT have a choice to exchange or not. The law under OFAC sanctions specifically prohibits any FDIC regulated banks from dealing with the Iraqi dinar currency, thus legally exchanging it. [post 1 of 2]