Orders are shipped within the U.S. via FedEx. COD orders require customers to provide a cashiers check to the driver upon delivery. For customers making payment by wire order will ship FedEx overnight and require a signature upon arrival from Lifesong Development Group. You will need to be at your address to receive your shipment. We do not ship or receive shipments from outside the United States. A physical home address is required for your sales receipt and to receive your FedEx package. We do not ship with the U.S. Postal Service.
Lifesong Development Group buys currencies, or exchanges foreign currencies for USD, from customers regularly all of which are currencies currently listed on the website. Until markets develop for the international exchange of the Chinese Yuan, Indonesian Rupiah, Iraqi Dinars, Hong Kong Dollar, S. Korean Won or Vietnamese Dong, it may difficult for you to liquidate or convert those currency or exchange them for US Dollars.
Very confident. Lifesong Development Group, LLC has been registered with the U.S. Department of the Treasury for over 8 years and has no marks against us with the Better Business Bureau nor is there a formal complaint filed by a customer against the company anywhere. Lifesong Development Group, LLC has been in business since 2005 and has served literally thousands of satisfied customers. Most of whom are repeat customers. Lifesong Development Group encourages you to review some of our customer’s testimonials. Lifesong Development Group is registered with the U.S. Department of Treasury and has been since inception and is licensed with the State of Illinois under the Transmitters of Money Act (TOMA.) Lifesong Development has strived to maintain our registration with the US Department of the Treasury since 2005 by adhering to the compliance requirements under the Anti-Money Laundering Law (AML) and Bank Secrecy Act (BSA.) The AML and BSA establish regulations that govern both Money Service Business (MSB’s) and Banks. In other words, as a company Lifesong Development Group is required to adhere to a very similar set of regulations as a bank. As such, Lifesong Development Group is subject to review by the US Department of the Treasury upon request and the State of Illinois to ensure that the company remains compliant with those laws governing banks, MSB’s and other financial institutions. In 2011 Lifesong Development Group agreed to a consent order from the State of Arkansas to no longer offer foreign currency exchange services in that state. For additional information, please see our COMPANY CREDENTIALS.
All calls are returned within our business hours, as soon as possible, in the order they are received. Any calls received during off hours are returned the following business morning.
Monday through Friday 8:00AM to 5:00PM CST.
Orders paid for by wire transfer ship on the same business Lifesong Development Group has received your wire and arrive within 24 hours or the following business day. It can take up to 24 hours for the wire to clear but in most cases it is received same day provided the wire is sent before the cutoff (i.e. 3 p.m. CST.) A tracking number will be provided to you directly from the shipping company via email on the day your order ships. COD orders completed by 3 p.m. CST ship on the day the order is complete and arrive within 24 hours or by the following business day. Completing your order includes sending a scanned or faxed copy of your cashier’s check or money order check prior to shipping. Once the faxed or emailed copy of your check is received, the order will ship and arrive within 24 hours or on the next business day. For customers who are sending payment in advance, orders will ship on the day the cashiers check or money order is received and will be arrive within 2-3 business days anywhere in the U.S. Sending payment in advance allows these customers to reduce their shipping costs by up to 75% by selecting a slower shipping speed but they still have the option to request overnight shipping should they choose.
We do not have any information on what customers refer to as an “RV” on the Iraqi Dinar or any other currency we offer. Currencies can increase or decrease in value over time and there is a risk of loss involved. For more information on this risk and other risks please review our risk disclosures.
Lifesong Development Group, LLC is located in Saint Charles, Illinois. Our mailing address is:
Lifesong Development Group, LLC
902 S. Randall Rd., Suite C337
Saint Charles, IL 60174
For security reasons and in order to most expediently process transactions for all our customers we do not offer a walk in location or offer face to face exchanges.
In order to comply with Federal laws, including the Anti- Money Laundering Policy (AML), The Patriot Act, and the Bank Secrecy Act (BSA), Lifesong Development Group, LLC is required to ask for identification from our customers. This is part of our BSA/AML program which which Lifesong Development Group is required to maintain under State and Federal government laws. These laws require us to ask for a name, physical address, DOB and Federal Tax ID number (also known as your EIN, social security number or taxpayer identification number.) While other companies may not abide by these regulations; we do. Other companies failure to comply with the law does not infer in anyway that Lifesong Development Group is not required to meet these very clear regulatory obligations. We are. The fact that you may have had a prior experience with a company that does not request this information should be viewed as cause for concern. Requesting KYC (know your customer) information both meets with the company’s requirements under the law, assists the government in preventing money laundering and most importantly to you ensures the integrity of all our customers transactions so the source of their currency is not called into question in the future on the basis of a failure to comply with regulations. Your information is totally secured and fully protected. Lifesong Development Group has been registered with the U.S. Department of the Treasury since 2005, is licensed with the State of Illinois and have no marks against us with the Better Business Bureau nor are we aware that any complaint that has ever been filed against the company by any customer anywhere. Lifesong Development does not release any information to anyone outside of government regulators who periodically review our books in order to confirm that we are complying with the law. As a money service business (MSB) registered with the U.S. Department of the Treasury, Lifesong Development Group, LLC is subject to a periodic reviews by the U.S. Department of Treasury and states where it is licensed to ensure that we are properly identifying our customers and complying with the all laws governing banks, MSB’s and other financial institutions. For verification of these requirements for Lifesong Development Group, LLC and other financial institutions please review the information below. Links have been provided to the third party sources.
§ 103.37 Additional records to be made and retained by currency dealers or exchangers(a)(1) After July 7, 1987, each currency dealer or exchanger shall secure and maintain a record of the taxpayer identification number of each person for whom a transaction account is opened or a line of credit is extended within 30 days after such account is opened or credit line extended. Where a person is a non-resident alien, the currency dealer or exchanger shall also record the person’s passport number or a description of some other government document used to verify his identity. Where the account or credit line is in the names of two or more persons, the currency dealer or exchanger shall secure the taxpayer identification number of a person having a financial interest in the account or credit line. In the event that a currency dealer or exchanger has been unable to secure the identification required within the 30-day period specified, it shall nevertheless not be deemed to be in violation of this section if: (i) It has made a reasonable effort to secure such identification (continued here.)
FDIC Law, Regulations, Related Acts(i) Customer information required–(A) In general. The CIP must contain procedures for opening an account that specify the identifying information that will be obtained from each customer. Except as permitted by paragraphs (a)(2)(i)(B) and (C) of this section, the bank must obtain, at a minimum, the following information from the customer prior to opening an account:(1) Name;(2) Date of birth, for an individual;(3) Address, which shall be:
(i) For an individual, a residential or business street address;
(ii) For an individual who does not have a residential or business street address, an Army Post Office (APO) or Fleet Post Office (FPO) box number, or the residential or business street address of next of kin or of another contact individual; or
(iii) For a person other than an individual (such as a corporation, partnership, or trust), a principal place of business, local office, or other physical location; and(4) Identification number, which shall be:
(i) For a U.S. person, a taxpayer identification number; or
(ii) For a non-U.S. person, one or more of the following: A taxpayer identification number; passport number and country of issuance; alien identification card number; or number and country of issuance of any other government-issued document evidencing nationality or residence and bearing a photograph or similar safeguard (continued here.)
Fincen summary of Patriot ActSection 326: Verification of Identification Prescribes regulations establishing minimum standards for financial institutions and their customers regarding the identity of a customer that shall apply with the opening of an account at the financial institution (continued here.)
No, we are not. We are a Money Service Business (MSB) registered with the U.S. Department of the Treasury and licensed with the State of Illinois. Lifesong Development Group specializes in foreign currency exchange. Lifesong Development Group does not speculate on the future value of any currency we buy or sell. It is important to do your own research and understand the risk of loss involved. The value of any currency may be profitable for you or it may result in a loss. For more information please review our risk disclosures.
Buying and holding currency that is not currently in international circulation poses a risk of illiquidity, inconvertibility and involves a risk of loss that may not be suitable for all individuals. It is important to do your own research and understand the risk of loss involved. As is the case with any currency, the value of currency may increase or decrease, depending on many factors. Lifesong Development Group does not claim to know nor does it speculate when, how or if a currency will change in value in the future. For additional information pertaining to risk please review our risk disclosures.
All the notes offered by Lifesong Development Group come from domestically based, reputable suppliers who are also state licensed and are registered MSB’s with the US Department of the Treasury. Our suppliers import the currency, clear them through U.S. Customs and verify their authenticity prior to selling them to Lifesong Development Group, LLC.
Yes we do. We offer a 14 day money back guarantee that the currency you purchase from us is 100% authentic. This guarantee has been offered to our customers since the company began operations in 2005. To date, not a single customer has had a need to exercise their right to this guarantee nor have they done so. We do not in any way offer a guarantee of future value for any currency.
Yes all are notes are current issue and currently accepted as legal tender in their country of origin and or abroad. The Iraqi Dinar we offer is the new Iraqi Dinar (IQD) that came into circulation October 15th, 2003. The old Saddam Dinar has no value beyond being a collector’s item. We do not buy or sell the Saddam era notes. It is new Iraqi Dinar (IQD) that is the currency of Iraq today that will be provided to you including those that contain the new security features that came out in 2015.
Uncirculated notes are in mint condition. They look like the brand new, crisp $20 bill you might have received from your bank. Circulated notes are anything less than mint condition and most likely resemble notes in your billfold. They may have markings, creases or folds much like a used U. S. dollar bill. The terms circulated or uncirculated are a measure of the quality of the notes and should not be taken literally. It does not mean the note literally would have had to been in circulation for it to be “circulated.” A person could take a uncirculated (mint) condition note, write on it or crumple it and it would be considered to be of circulated quality in spite of the fact that it has never been in circulation
We offer one currency, the Iraqi Dinar, for exchange in uncirculated and circulated condition. All other currencies are offered as fine quality, undamaged circulated notes.
We do not sell any marked or damaged notes and we do not fill request for mint condition notes for any currency other than the Iraqi Dinar. All other currencies we offer are sold at a flat rate regardless of quality or denomination. For whatever reason, there is a market demand for mint condition uncirculated Iraqi Dinar notes. Due to the high demand for the uncirculated Iraqi Dinar there is a higher cost for them then there is for the circulated Iraqi Dinar. They all hold the same value at the exchange rate set by the Central Bank of Iraq.
We regularly get circulated Iraqi Dinar notes in stock, however because we only sell undamaged notes we don’t have a consistent supply source for circulated and undamaged Iraqi Dinar. Therefore, the circulated quality Iraqi Dinar can be intermittently available. You may contact Lifesong Development at anytime to check availability and place your order.
Yes, we can take your name and phone number and call you when the circulated Iraqi Dinar becomes available.
It is a personal preference. This distinction is not made with other currencies that we offer and we do not know of a solid basis for this market preference. We do not buy or sell severely damaged notes or offer them to our customers. All the Iraqi Dinar that we offer is in uncirculated condition unless you request circulated notes. The circulated quality Iraqi Dinar notes offered by Lifesong Development Group is undamaged and in good condition as are the notes for all 80 currencies we offer.
Supply and demand results in the smaller notes selling for a higher price. Smaller notes are harder to obtain therefore, they command a higher price. They also have greater weigh and volume than larger denomination which adds to the cost of importing them. All denominations of the Iraqi Dinar have the same value.
There are many reasons people choose to buy foreign currencies.
Iraqi Dinar (IDQ) Questions
You may check the value of the Iraqi Dinar at the Central Bank of Iraq’s website where you can track the exchange rate. If you are selling your notes you will receive less than the exchange rate and if you are buying a currency you will pay more than the exchange rate with any dealer in foreign exchange or bank.
All the currency we offer contains security features that allow the bearer to authenticate the notes upon receipt. There is no “certificate of authenticity” offered by any central bank (e.g. you don’t get a “certificate of authenticity” when you withdraw US dollars from you bank.) The certificate of authenticity offered by our company is our own. The notes authenticate themselves which is the primary purpose of the security features for any currency. Authenticating your currency simply requires a bit of self-education. Learning to authenticate your own currency will provide you with more peace of mind than relying on a “certificate of authenticity” third party to do it for you. Although, we most certainly do that as do our supplies. Security features are intended to be utilized by all bearers from the most sophisticated to the average person. Otherwise, they wouldn’t be much good. For example, the Iraqi Dinar notes have several security features which are state of the art and exceed even those on the U.S. Dollar. Identifying the security features is easy to do and anyone should be able to authenticate their notes, based on the information below. The example image below is of the 25K Iraqi Dinar note.Here is a picture showing a 25K note and the UV security feature visible only under U.V. light:The New Iraqi Dinar banknotes, printed by De La Rue, boast the most up-to-date anti-counterfeit features, including watermarks, an embedded metallic strip, raised letters, an optical variable ink that can be seen only under ultra violet light, metallic ink and other variations to thwart off counterfeiters. In addition, it has high-quality paper that makes the colorful Dinar very hard to counterfeit. It is likely there are other security features that have not been disclosed to the public.Three of the easiest ways to verify the authenticity of the new Iraqi Dinar are:1) Use black light to view the UV security feature.2) Hold the note up to the light to check for watermarks such as the horse head.3) Hold the Dinar up to the light tilting it back and forth, the color changing ink will look much like a hologram.Please note: The 10K and 5K Iraqi Dinar notes have the horsehead watermark, security thread and ultraviolet feature. The difference from the 25K Iraqi Dinar notes is that the 10K Iraqi Dinar notes do not have the metallic ink and the 5K Iraqi Dinar notes do not have the metallic ink or the color changing symbol.
Vietnamese Dong (VND) Questions
Here is the link to the State Bank of Vietnam’s website where you can track the exchange rate:
Here are the security features for the Vietnamese Dong. A copy of this image is enclosed with all our shipments to enable our customers to have the information they need to verify their notes.
Hong Kong Dollar (HKD) Questions
You may view the security features for the Hong Kong Dollar on the Hong Kong Monetary Authority Website.
South Korean Won (KRW) Questions
You can find the security features for the Chinese Yuan (renminbi) on the website of The People’s Bank of China
Purchasing Currency Questions
You may review the security features for the South Korean Won on The Bank of Korea’s website.