TNT DINAR UPDATE 8-17-26

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TNTRAYREN98
@THE_TNT_TEAMAug 18, 2026

The Spaces covered a status update and Q&A on the Iraqi dinar revaluation (RV). Tony (Anthony Renfro) and co‑host Ray (aka RayRen98) said Iraqi authorities have voted to remove three zeros and that lower denominations are printed and in banks, but the Central Bank of Iraq (CBI) has not yet released the effective date, rate, or exchange instructions. Tony’s latest window pointed to Wednesday night/Thursday morning for internal moves and likely public activity over the weekend, stressing this has slipped before. He reported selective “whale” exchanges are occurring at a few banks based on existing relationships, with parameters shifting from a code system to amount‑based thresholds for higher rates and interest. He urged listeners to cultivate bank relationships, bring recent articles as proof to skeptical bankers, and use proper contract language (“and/or assigns”) for post‑exchange investment agreements. Significant time was spent on warnings about phishing/fraud emails impersonating TNT/Ray, and on cross‑border considerations for Canadians (options via US trusts or Swiss banks). Tony framed delays within a geopolitical context—economic pressure on Iran, militia integration/sanctions in Iraq, and security dynamics—and reiterated that CBI guidance and an official rate are required before the broader public can safely proceed.

TNT Community Call Summary and Analysis (Monday, Aug 17)

Executive summary

  • Core development: Tony reports Iraqi authorities have voted to “remove the three zeros” from the dinar, but no effective date or new rate has been announced. Implementation details are pending from the Central Bank of Iraq (CBI).
  • Timing outlook: Tony’s current window (subject to change) is Wednesday night–Thursday morning for initial movement, with broader public activity potentially over the weekend. He cautions this is what he’s hearing, not a guarantee.
  • Bank activity: Select U.S. banks are said to be bringing in staff and quietly exchanging Iraqi dinar for high‑net‑worth, pre‑existing clients (“whales”). According to Tony, these exchanges are dinar‑only; other currencies (e.g., VND) are not broadly in play despite scattered rumors.
  • Anti‑fraud alert: Widespread phishing/scam emails impersonating Tony/Ray and soliciting payments or alternate payment links were reported. Official emails come from TNT Tony LLC and through the established channel; Tony does not send one‑off emails asking for payments.
  • Geopolitics: Tony frames the pace and publicity of Iraq’s currency steps as part of a broader, non‑kinetic strategy targeting Iran. He asserts the U.S. is leveraging economic pressure and timing related to Iraqi reforms and militia management.

Hosts and key participants

  • Tony (host; Speaker 2): Primary source of updates on Iraq, banks, and timelines; provides guidance on preparations and fraud awareness; shares geopolitical framing.
  • Ray (co‑host; Speaker 1): Provides technical clarifications (e.g., contract language “and/or assigns”), logistics notes, and call facilitation.
  • Community callers (handles): “Dare to Dream,” “Tommy Trump Too Much,” Robert, Fenrin, Mustang Kid (Canada), Freddy, Bus Lady, Vlad, Mr. Woody, Ruth, D (De Will). Their questions prompted deeper dives into timelines, banks, legal structuring, and geopolitics.

Headline developments in Iraq

  • Removal of three zeros voted, pending CBI execution

    • Tony says an Iraqi vote has passed to remove the three zeros from the dinar. Public announcement did not include the effective date or the revaluation rate.
    • Rationale (per Tony’s read of public statements): Anti‑corruption—preventing those holding large hoards of cash (e.g., officials/traffickers) from spending or laundering it under the current regime.
    • Implementation dependency: CBI should issue formal, written directions to banks and citizens specifying when exchanges start, permissible amounts, rates, denominations, the look/feel of new notes (e.g., IQD 5, 10, etc.), which branches are authorized, and the effective date. Tony stresses Iraqis and international holders are both waiting on CBI’s instructions.

  • Lower denominations (LDs)

    • Tony maintains LD notes have been printed and are in Iraqi banks (and says some U.S. banks also have them) for approximately three weeks. He notes conflicting press articles (e.g., claims they still need printing), but he believes the LDs are ready and not yet released pending CBI direction.

  • Conflicting media

    • Caller Fenrin points to articles saying three‑zero deletion would require Parliament. Tony’s reply: Parliament already voted; current mixed signals are creating confusion for citizens, underscoring the need for CBI guidance.

  • Border/interdiction actions

    • Tony cites reports of truckloads of dinar seized at borders and the discovery of large caches (e.g., tens of billions of dinar) hidden domestically—aligned with the anti‑corruption narrative.

Timing expectations and sequencing

  • Immediate window (subject to slippage)

    • Tony’s latest: potential activity Wednesday night–Thursday morning; he personally shifts expectations to Friday–Saturday for broader public movement based on past patterns.
    • Ongoing bank posture: Banks are scheduling and conducting selective exchanges with whales and maintaining staffing readiness. Appointments reportedly set even for the following day, suggesting internal confidence.

  • Contractor/payments milestone

    • Tony says an Iraqi contractor’s target date was moved from Aug 1 to Sept 1 (with a “latest” reference to Sept 15). He expects exchanges to start before that window.
    • A prior expectation related to an Aug 15 milestone “per an agreement signed by Trump” was referenced; Tony says a roughly one‑week delay followed. This is presented as Tony’s report, not independently verified here.

  • Public vs. whales

    • “Back room vs. front room”: Tony distinguishes between internal (select clients) and public phases. He expects U.S. public exchanges to begin close to or just before Forex visibility—but notes banks prefer not to be inundated all at once.
    • Once the rate is on Forex, Tony believes the process becomes harder to stop, though scheduling could stretch appointments.

Exchange mechanics and bank policy

  • Authorization codes

    • A previously discussed “authorization code” for higher rates/interest was reportedly scrapped. Tony now expects banks to apply tiered parameters based on amount/relationship, with systems displaying what’s available.
    • 800 numbers: If/when provided, Tony plans to share exactly what to request at booking and at the table.

  • Currencies currently moving

    • Tony’s understanding: U.S. banks are exchanging Iraqi dinar only for whales at present; he discounts claims of broad VND exchanges, though he saw a rumor.

  • Bank relationship strategy (Tony’s guidance)

    • Proactively engage private bankers/wealth managers now. If bankers are skeptical, bring printed articles confirming the three‑zero policy and the re‑denomination process to establish credibility and get on “call‑first” lists.

  • Rates and windows

    • Tony expects different rates by country pursuant to national contracts; U.S. holders should not assume parity with Canada, Japan, etc. He also notes typical post‑RV exchange windows could exist (historically up to two years for legal tender, with shorter windows for premium/higher rates possible).

Fraud and security advisories

  • Phishing/scam wave
    • Impersonation variants (e.g., “RayRan98,” altered numerals) are sending fake emails/texts claiming Zelle failures and pushing alternate payment links.
    • Tony reiterates: He does not send individual payment emails; official communications reference TNT Tony LLC and the established site/email header. If in doubt, do not click links or send funds.
    • Registration housekeeping: Prior registration/payment cycles from last year are not valid; Tony has long advised requesting refunds from banks for the earlier failed attempts. A fresh registration window may open later this week or early next, possibly with a card option.

Geopolitical frame and September security issues

  • Leverage against Iran (Tony’s analysis)

    • Tony argues Iraq’s currency reform timing and publicity are being used as economic leverage on Iran, reducing illicit funding routes and forcing internal pressure. He cites cutoffs to smuggling, sanctioned bank channels, and public exposure of currency reform to stir comparisons inside Iran (e.g., extreme rial devaluation vs. Iraq’s rates).
    • He mentions a claim: a regulator appointed by Trump approved a Trump‑family‑owned bank’s issuance of a coin, and a $2B Dubai deposit structured so interest needn’t be paid out to depositors—asserting preferential rules. This is presented as Tony’s assertion; no independent corroboration is provided within the call.

  • Iraqi militias and September deadlines (dialogue with “Time Is Now”)

    • U.S. troop posture and militia disarmament: Tony and the caller discuss expectations that militias (e.g., PMF and others not integrated into the national army) be disarmed/disbanded concurrent with U.S. drawdown timelines in September.
    • Reported developments: Baghdad allegedly granted territory/recognition to PMF elements and seeks to fold them into state structures under new names; the caller views this as conflicting with disarmament goals.
    • Sanctions pathway: Tony says U.S. Treasury/government holds lists of militia members and will designate them, cutting pay and banking access to force compliance.
    • Security risk: The caller references an Iranian‑linked commander offering bounties for harming U.S. soldiers; Tony notes such rhetoric but maintains the macro strategy remains economic pressure.

Legal and structural preparation for holders

  • “And/or assigns” contract language (Ray’s technical note)

    • Use case: Not for the act of exchanging currency itself, but for post‑exchange investment contracts (e.g., structured deposits at specific interest for fixed terms). Signing as “Your Name and/or Assigns” preserves the right to assign that contract to an entity you control later (e.g., a trust), avoiding breach of contract.
    • Action: If you plan to exchange in your personal name but want a trust to own the investment contract later, include “and/or assigns” when you sign the investment agreement.

  • Canadian holders (Mustang Kid’s segment)

    • Reported constraints: No 800/higher U.S. rate program for Canada and uncertainty around ZIM in Canada.
    • Tony’s suggestion (informational, not legal advice): Consider using a U.S.‑based trust established by a U.S. relative (TIN in a day, open bank account, add you as trustee) and exchange under that trust, especially in states with robust privacy protections (e.g., Wyoming, Delaware, Nevada). Some Canadians reportedly exchanged in Switzerland, but that requires relationships with the few banks capable of high‑volume currency handling.
    • Lawsuit speculation: Tony says different countries’ contracts mean different rates/terms; he doubts legal recourse against U.S. terms by Canadian holders.

  • Lower denoms vs legacy notes

    • Tony says 3‑zero notes will continue to be exchangeable outside Iraq, while LDs circulate inside Iraq; advises diversification into other non‑changing, already‑valued instruments/currencies as risk management (e.g., mentions dong and “agro checks”).

Q&A highlights and clarifications

  • Can U.S. dinar wipe out national debt?

    • Tony: No. He’s heard the U.S. holds ~34B IQD, but past frameworks envisioned oil purchases at $2/barrel over ~30 years and using holdings as leverage, not a direct $30T debt payoff. He references Kuwait/Clinton as a leverage precedent, not a direct exchange.

  • Budget linkage

    • Bus Lady asked whether the Iraqi budget must wait for a new rate. Tony: Yes—budget release depends on establishing the new rate.

  • Whales volume and bank concentration

    • D asked how many whales remain. Tony doesn’t have figures; notes current whale exchanges appear concentrated through 1–3 banks, implying the overall count moving now is manageable.

  • Top banks for exchange

    • Tony hasn’t named a single “top” bank; he’ll choose among the leading banks (e.g., he mentioned Wells Fargo) based on rates/terms at the time and his multiple existing relationships.

  • Miscellaneous

    • Callers reported positive banker reactions once amounts were disclosed; some wealth managers promised to call immediately when greenlit.
    • Tony suggested bringing the recent Iraqi articles to banker meetings as “ammunition” to counter the “scam” narrative and secure early appointments.

Practical next steps for listeners

  • Relationship building

    • Contact your banker/wealth manager now; politely establish interest and readiness. If challenged, provide printed articles on Iraq’s vote to remove zeros. Ask to be on the first‑call list.

  • Document and structure readiness

    • If you’ll use personal exchange and move into entity‑owned investments later, ensure “and/or assigns” is in any post‑exchange contract you sign.
    • If cross‑border (e.g., Canadian) and contemplating U.S. trust structures, consult qualified legal/tax counsel in advance; do not rely on community calls for legal advice.

  • Scam avoidance

    • Ignore unsolicited emails/texts requesting payments, alternative links, or “Zelle fixes.” Official notices come from TNT Tony LLC via established channels. When in doubt, do nothing until verified via the site/call.

  • Expectations management

    • Treat timing windows (Wed/Thu; weekend) as provisional. Be prepared logistically, but avoid making irreversible commitments until official bank instructions and, ideally, CBI guidance are public.

Notable claims and positions (attributed)

  • Tony

    • Iraq has voted to delete the three zeros; LDs printed and staged; CBI directions pending.
    • Select U.S. banks are exchanging dinar for whales; only IQD in scope thus far.
    • Higher rates/interest will be parameter‑driven by amount/relationship rather than a single authorization code.
    • Iraq’s currency steps are part of U.S. economic pressure on Iran; publicization is intentional. He cites Iran’s severe inflation/poverty context vs. Iraq’s rates.
    • U.S. debt will not be directly erased by U.S. dinar holdings; leverage and structured oil arrangements are the model.

  • Ray

    • “And/or assigns” should be used on post‑exchange investment contracts if the holder plans to assign ownership to a trust/entity later.

  • Callers (selected)

    • Robert: Banker grew interested after hearing amounts; committed to call him when processes open.
    • Fenrin: Noted contradictory Iraqi articles; Tony responded that Parliament already voted; confusion persists until CBI directions are public.
    • Mustang Kid (Canada): Concerned about lack of 800/higher rates/ZIM in Canada; Tony suggested lawful trust‑based structuring via U.S. relatives or Swiss options for those with access.
    • Bus Lady: Queried budget linkage and public timing; Tony tied budget to new rate and reiterated that public instructions must follow CBI’s formal release.

Bottom line

  • The community has its clearest public signal yet (Iraqi vote to remove zeros), but execution hinges on CBI’s formal directions on timing, denominations, rates, and exchange logistics. Banks continue limited whale exchanges while broad public participation awaits. Tony’s immediate window is mid‑week into the weekend, with the usual caveat: it’s an informed expectation, not a promise. In the meantime, build bank relationships, prepare structures, and stay vigilant against scams.