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Editor’s Note: Many thanks to Restored Republic for the information below:
- There is a front door to the Redemption process within the QFS. Those going through the front door will be redeeming without a problem. Those who think they are going to be special and can get into a side door or back door will be sadly mistaken.
- The release of the 800#’s will be the beginning of the process and will come as a surprise, no forewarning.
- Rates for the Exchange and Redemption will be a factor in your Humanitarian Projects.
- There will be Contract Rates for group currency exchanges that were negotiated years ago for “First Basket Currencies” (Dinar and Dong).
- Judy Note: It is my understanding that Contract Rates on the Dinar are available to everyone exchanging at a Redemption Center. There was no Contract Rate on the Dong, but it would come out at a very good exchange rate.
- There are no Zim Contract rates, only negotiated rates or “offered” rates if you don’t have a Humanitarian Project.
- Each Zim holder will negotiate their own rate according to the needs of their Humanitarian Project. (Remember that this amount is separate from the amount for your personal use).
- The Zim Holders who also have foreign currencies to exchange may exchange them at the same redemption appointment.
- All RV/Redemption funds will be placed into individual accounts within the QFS. These funds will be the new gold-backed digital currencies using digital gold certificates for transfers.
- The Central Bank banking system will be dismantled and repurchased for use by authorized agents of the QFS. A new Financial System will be put in place with branches being called Financial Service Centers. Normal banking services will be accomplished within the Financial Service Centers.
- Due to the fact that there will be no profits dealing with money within the QFS, certain Zim benefactors will take over the banking system and pay the overhead and employees wages and benefits for employees working in the New Financial Services Centers industry.
- The QFS will not deal with old Fed currencies. Financial Service Centers will be tasked with doing individual exchanges from Fiat currencies to gold-backed currencies. Exchanged Fiat currency will be assigned a gold certificate for use in the New Financial system.
- Currency dealers and other institutions holding cash will go through the reconciliation to exchange Fiat to gold-backed currencies. Not all cash repositions will be successful in the reconciliation process. Ill gotten or illegally gotten funds will not exchange. The QFS will know the bad money and block it from being exchanged. The powers that be have been working on this for years.
- All Zim Holders will receive a structured payout for their funds. The term of the payout and the interest rates will be negotiated with quarterly, biannual or annual payouts for the duration of the term. The interest payments will act as a budget for the use of the funds.
- Education on the use of the QFS will be given at the redemption appointment with website addresses for continuing educational needs.
- Proof of Funds letters will be available for those who want to make Real Estate purchases, etc.
- A temporary Revocable Trust document will be available at this Redemption appointment for those who do not have a Trust already set up. The information can be amended after seeking a more permanent Trust document.
- The 800#’s will be given for all to use to set up their own appointment. You will be asked what currencies you hold (and Zim) and your zip code. Another 800# will be given to call and make your local Redemption/Exchange Appointment.
- The interviewer at the appointment will be a resource for you. They will try to give you all the money you need for your Humanitarian Projects. They have been trained to answer all of your questions. Write them down before the appointment.