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the debit and credit balances in their accounts carried by or for “foreigners". (33 F.R. 4576, Mar. 16, 1968) § 128.21 Use of prescribed report forms

for portions of data required to be

reported thereon. The report forms prescribed in Sections 128.11-128.20 are also prescribed for use, as needed, for the collection at intervals other than the ones stated of a portion of the data required on each form in the same or greater detail. § 128.22 Special survey report forms.

On report forms other than those described in $ $ 128.11 to 128.20 reports are required from time to time to provide detailed information on the content of aggregate data reported on these forms and also to provide qualitative information necessary for adequate analysis of the data reported. & 128.23 Alternative methods of report

ing. In lieu of reports on the forms described in this subpart, the required data may be reported on punch cards, magnetic tape, or other media that can be processed by data processing equipment, accompanied by a printed copy of the data reported which must be signed by a responsible officer of the reporting institution. The proposed method and format of reporting must be acceptable to the Federal Reserve Bank of the district in which the report is filed, and must be approved in writing by that Bank. 132 F.R. 14055, Oct. 10, 1967) APPENDIX-DETERMINATIONS MADE NA

ADVISORY COUNCIL PURSUANT TO SECTION 2(a) AND (b) OF E.O. 10033.

I. Determination of the National Advisory Council pursuant to E.O. 10033.

In an action dated September 7, 1965, the National Advisory Council on International Monetary and Financial Problems made the following determination pursuant to section 2(a) of E.O. 10033 of February 8, 1949.

Action 65 (E.0.)-49. The National Advisory Council, having consulted with the Director of the Bureau of the Budget, determines that current information with respect to international capital movements, derived from data on U.S. liabilities to and claims on foreigners and transactions in securities with foreigners, and current information with respect to U.S. gold holdings, foreign-currency holdings, and dollar liabilities to foreigners, are essential in order that

the United States may comply with official requests of the International Monetary Fund for information with respect to the U.S. balance of payments and monetary reserves.

Action No. 320, March 17, 1949, is superseded by this determination and is hereby revoked.

II. Designation of the Treasury Department by the Director of the Bureau of the Budget pursuant to section 2(b) of E.O. 10033.

On December 1, 1965, the Treasury Department was designated, pursuant to section 2(b) of E.O. 10033 of February 8, 1949, to collect information for the International Monetary Fund under the National Advisory Council determination of September 7, 1965. The letter containing the designation reads as follows:

DECEMBER 1, 1965. Hon. HENRY H. FOWLER, Secretary of the Treasury, Washington, D.C. 20220.

DEAR MR. SECRETARY: On September 7, 1965, the National Advisory Council, after consultation with this Bureau in accordance with section 2(a) of Executive Order 10033, made the following determination (Action 65 (E.O.) 49):

“The National Advisory Council, having consulted with the Director of the Bureau of the Budget, determines that current information with respect to international capital movements, derived from data on U.S. liabilities to and claims on foreigners and transactions in securities with foreigners, and current information with respect to U.S. gold holdings, foreign-currency holdings, and dollar liabilities to foreigners, are essential in order that the United States may comply with official requests of the International Monetary Fund for information with respect to the U.S. balance of payments and monetary reserves." It is hereby determined, pursuant to section 2(b) of Executive Order 10033, that the Treasury Department shall collect information pertaining to capital movements between the United States and foreign countries and pertaining to the monetary reserves of the United States, except information pertaining to direct-investment transactions, U.S. Government foreign lending operations, and claims and liabilities of U.S. Govern. ment agencies (other than public debt obligations), which is collected by the Department of Commerce.

This letter supersedes the earlier determination as to the responsibilities of the Treasury Department in this area, dated April 21, 1949, as amended May 4, 1950. Sincerely yours,

RAYMOND T. BOWMAN,
Assistant Director for

Statistical Standards. (31 F.R. 8179, July 10, 1966)

BY

TIONAL

CHAPTER 11-FISCAL SERVICE,
DEPARTMENT OF THE TREASURY

SUBCHAPTER A-BUREAU OF ACCOUNTS

Part 202 203 205

208 209 210

211

214 223 224 225

226

Depositaries and financial agents of the Government.
Special depositaries of public money.
Withdrawal of cash from the Treasury for advances under Federal grant

and other programs.
Public moneys and official checks of United States disbursing officers.
Payments to financial organizations for credit to accounts of employees.
Payment of disbursing officers' checks drawn on the Treasurer of the United

States and signed in the names of disbursing officers by designated

employees.
Delivery of checks and warrants to addresses outside the United States, its

territories and possessions.
Depositaries for Federal Taxes.
Surety companies doing business with the United States.
Federal process agents of surety companies.
Acceptance of bonds, notes, or other obligations issued or guaranteed by

the United States as security in lieu of surety or sureties on penal bonds. Purchase of surety bonds to cover civilian officers and employees and mili

tary personnel in Executive Branch of the Federal Government. Payment on account of awards of the Foreign Claims Settlement Commission

of the United States.
Payment of the unclaimed interest on certain awards of the Mixed Claims

Commission, United States and Germany.
Payments under the Act of Congress approved August 30, 1962, on unpaid

balances of awards of Philippine War Damage Commission.
Payments on account of awards and appraisals in favor of nationals of the

United States on claims against the Government of Mexico.
Payments under judgments and private relief acts.
Payment on account of deposits in the Postal Savings System.
Shipment of valuables pursuant to the Government Losses in Shipment Act.
Claims for replacement of valuables, or the value thereof, shipped pursuant

to the Government Losses in Shipment Act.
Declaration of valuables under the Government Losses in Shipment Act.

250

251

253

254

256 257 260 261

262

Part 270 281 290

Availability of records.
Foreign exchange operations.
Loans to public or private agencies under Refugee Relief Act of 1953.

300 306 308 309 312

315 316 317

321

322

SUBCHAPTER B-BUREAU OF THE PUBLIC DEBT
Distinctive paper for United States currency and other securities.
General regulations with respect to United States securities.
General regulations governing full-paid interim certificates.
Issue and sale of Treasury bills.
Federal savings and loan associations and Federal credit unions as fiscal

agents of the United States.
Regulations governing United States Savings Bonds.
Offering of United States Savings Bonds, Series E.
Regulations governing agencies for issue of U.S. Savings Bonds of Series E

and U.S. Savings Notes.
Payments by banks and other financial institutions of United States Savings

Bonds and United States Savings Notes (Freedom Shares).
Manner of accounting for losses resulting from the redemption of United

States Savings Bonds and United States Savings Notes (Freedom Shares).
Disclosure of records.
Restrictive endorsements of bearer securities.
Regulations governing payment under special endorsement of U.S. Savings

Bonds and U.S. Savings Notes (Freedom Shares).
Offering of United States Savings Bonds, Series H.
Supplemental regulations governing Federal Housing Administration

debentures.
Exchange offering of United States Savings Bonds, Series H.
Regulations governing the sale of Treasury bonds through competitive

bidding.
Regulations governing United States Retirement Plan Bonds.
Offering of United States Savings Notes.
Offering of United States Mortgage Guaranty Insurance Company Tax and

Loss Bonds.

323 328 330

332 337

339 340

341 342 343

SUBCHAPTER C- OFFICE OF THE TREASURER OF THE UNITED STATES 351 Availability of records. 359 Settlements by the Treasurer of the United States, in advance of reclamation,

with payees or special endorsees of lost or stolen checks, which have been

paid on forged indorsements. 360 Indorsement and payment of checks drawn on the Treasurer of the United

States. 365 Issue of substitutes of lost, destroyed, mutilated and defaced checks drawn

on the Treasurer of the United States. 368 Issue of substitutes of lost, stolen, destroyed, mutilated and defaced checks

of the United States drawn on accounts maintained in depositary banks in foreign countries or United States territories or possessions.

SUBCHAPTER A-BUREAU OF ACCOUNTS

PART 202-DEPOSITARIES AND FI- thorized, without further action, to ac

NANCIAL AGENTS OF THE GOV. cept a deposit of public money in an ofERNMENT 1

ficial account, other than an account in

the name of the Treasurer of the United Sec.

States, in which the maximum balance 202.1 Scope of regulations.

does not exceed the insurance coverage 202.2 Designation.

provided by the Federal Deposit Insur202.3 Authorization. 202.4 Contract of deposit.

ance Corporation. 202.5 Previously designated depositaries.

(b) To perform other services. (1) 202.6 Collateral security.

Upon the request of a Government agen202.7 Maintenance of balances within au- cy, the Secretary of the Treasury may thorizations.

authorize a depositary to perform other AUTHORITY: The provisions of this part 202

services specifically requested by the issued under sec. 10, 56 Stat. 356, as amended; agency, including: 12 U.S.C. 265.

(1) The maintenance of official ac

counts in which balances will be in exSOURCE: The provisions of this part 202 contained in Department Circular 176, Sec

cess of the insurance coverage provided ond Revision, 32 F.R. 14215, Oct. 13, 1967, by the Federal Deposit Insurance Corunless otherwise noted.

poration;

(ii) The maintenance of accounts in $ 202.1 Scope of regulations.

the name of the Treasurer of the United The regulations in this part govern States; the designation of Depositaries and Fi- (iii) The acceptance of deposits for nancial Agents of the Government (here- credit of the Treasurer of the United inafter referred to as depositaries), and States; their authorization to accept deposits of (iv) The furnishing of bank drafts in public money and to perform other sery- exchange for collections. ices as provided for in section 10 of the (2) To obtain authorization to perAct of June 11, 1942, as amended (12 form services specifically requested by a U.S.C. 265). Public Money includes,

Government agency, a depositary must: without being limited to, revenue and (i) File with the Secretary of the funds of the United States, and any Treasury an appropriate agreement and funds the deposit of which is subject

resolution of its board of directors auto the control or regulation of the United thorizing the agreement (both on forms States or any of its officers, agents, or prescribed by and available from the employees. The designation and author- Bureau of Accounts), and ization of Special Depositaries of Public (11) Pledge collateral security as proMoney for the receipt of deposits rep- vided for in § 202.6. resenting payments for certain U.S. § 202.4 Contract of deposit. obligations and of internal revenue taxes

A depositary which accepts a deposit are governed by the regulations in Part

under this part enters into a contract of 203 of this chapter.

deposit with the Treausry Department. $ 202.2 Designation.

The terms of the contract include all the Every bank insured by the Federal De- provisions of this part and the provisions posit Insurance Corporation is designated prescribed in section 202 of Executive as a Depositary and Financial Agent. Order 11246, entitled "Equal Employ§ 202.3 Authorization.

ment Opportunity”. (a) To accept deposits covered by

§ 202.5 Previously designated deposi. FDIC insurance. Every depositary is au

taries.

A depositary previously designated 1 The regulations, which previously ap- will, by the acceptance or retention of depeared in this part, governing payment of

posits, be presumed to have assented to checks drawn on the Treasurer of the United States now appear in revised form in Part

all the terms and provisions of this part 360 of this chapter (Department Circular

and to the retention of collateral secu21 (Second Revision)).

rity theretofore pledged.

§ 202.6 Collateral security.

§ 202.7 Maintenance of balances within (a) Requirement. Prior to receiving

authorizations. deposits of public money, a depositary Government agencies having control authorized to perform services under or jurisdiction over public money on de§ 202.3(b) must pledge collateral security posit in accounts with depositaries are in the amount required by the Secretary responsible for the maintenance of balof the Treasury.

ances in such accounts within the limits (b) Acceptable security. Unless other- of the authorizations specified by the wise specified by the Secretary of the Secretary of the Treasury. Treasury, collateral security pledged under this section may be transferable se- PART 203_SPECIAL DEPOSITARIES curities of any of the following classes:

OF PUBLIC MONEY (1) Obligations issued or fully insured

Sec. or guaranteed by the United States or 203.1 Scope of regulations. any U.S. Government agency, and obli- 203.2 Designation. gations of Government-sponsored corpo

203.3 Treasury Tax and Loan Accounts. rations which under specific statute may

203.4 Contract of deposit. be accepted as security for public funds:

203.5 Previously qualified special deposde

taries. At face value.

203.6 Discontinuance of special depositarles. (2) Obligations issued or fully guaran- 203.7 Deposits. teed by the International Bank for Re- 203.8 Collateral security. construction and Development, the Inter- 203.9 Withdrawal of deposits. American Development Bank or the

AUTHORITY: The provisions of this Part Asian Development Bank: At face value.

203 issued under sec. 8, 40 Stat. 291, as (c) Deposits of securities. Collateral

amended; 31 U.S.C. 771; and sec. 6302(c), 26 security under this part must be de- U.S.C. 6302(c) unless otherwise noted. posited with (1) the Federal Reserve

SOURCE: The provisions of this part 203 Bank or Branch of the district in which

contained in Department Circular 92, Sec. the depositary is located (depositaries lo- ond Revision, 32 F.R. 14216, Oct. 13, 1967, cated in Puerto Rico, the Virgin Islands, unless otherwise noted. and the Panama Canal Zone will be considered as being located in the New York

$ 203.1 Scope of regulations. Federal Reserve district), or with a cus- The regulations in this part govern the todian or custodians within the United designation of Special Depositaries of States designated by the Federal Reserve Public Money (hereinafter referred to as Bank, under terms and conditions pre- special depositaries), and their authoriscribed by the Federal Reserve Bank, or zation to maintain Treasury Tax and (2) the Treasurer of the United States, Loan Accounts in which they may credit Securities Division, Washington, D.C. funds representing payments for certain 20220. Securities deposited with a Federal U.S. obligations and of internal revenue Reserve Bank or the Treasurer of the taxes. The designation of Depositaries United States must be accompanied by a and Financial Agents of the Government letter stating specifically the purpose for and their authorization to accept which the securities are being deposited. deposits of public money and to perform

(d) Assignment. A depositary that other services are governed by the regupledges securities which are not negoti- lations in Part 202 of this chapter. able without its endorsement or assign

$ 203.2 Designation. ment may, in lieu of placing its unqualified endorsement on each security, fur- Every incorporated bank and trust nish an appropriate resolution and irrev- company in the United States, Puerto ocable power of attorney authorizing the Rico, the Virgin Islands, and the Panama Federal Reserve Bank or the Treasurer Canal Zone, and every U.S. branch of a of the United States, as the case may foreign banking corporation authorized be, to assign the securities. The resolu- by the State in which it is located to tion and power of attorney shall conform transact commercial banking business, to such terms and conditions as the Fed- is hereby designated as a special deposieral Reserve Banks or the Treasurer of

tary. the United States, as the case may be, shall prescribe.

§ 203.3 Treasury Tax and Loan Ac

counts. (Dept. Circ. 176, 2d Rev., 32 F.R. 14216, Oct. 13, 1967, as amended at 36 F.R. 6748, Apr. 8, (a) Authorization. Every special depos1971; 36 F.R. 17995, Sept. 8, 1971]

itary is authorized, upon approval by

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