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F e d e r a l Re se r v e Ba n k
DALLAS. TEXAS

of

Dallas

75222

Circular No. 69-300
December 15, 1969

To All Banks in the
Eleventh Federal Reserve District:
Enclosed is a copy of a notice which appeared in the Federal
Register of November 29, 1969> concerning a new postal money order
to be issued by the Overseas Military Post Offices after January
15, 1970.
Your attention is called to the description of the new postal
money order, and particularly to the fact that such money orders
will not be finally paid if they bear the endorsement of a foreign
bank.
Yours very truly,
P. E. Coldwell
President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

(S o u r c e : Federal Register,
N o v e m b e r 29, 1969)

POST OFFICE D E P A R T M E N T
Postal M o n e y O r d e r s Issued At
O v e r s e a s Military Post Offices
Restriction on P a y m e n t T h r o u g h
B a n k s Outside U. S.

T h e D e p a r t m e n t has designed a n e w postal m o n e y order for issu­
ance by U. S. military post offices overseas. T h e n e w m o n e y
order will be s a l m o n colored, a n d will bear a p a y m e n t restric­
tion as follows:
N o t e - - N o t payable through banks outside the
United States of A m e r i c a , other than through
U. S. Military banking facilities.
T h e n e w m o n e y order will not be placed in use prior to Jan u a r y
15, 1970.
T h e P o s t m a s t e r G e n e r a l will refuse final p a y m e n t o n the described
m o n e y orders bearing foreign b a n k endors e m e n t s , and the a m o u n t s
of such m o n e y orders will be c ha r g e d b a c k to U . S. c o m m e r c i a l
banks through w h i c h they w e r e presented for pay m e n t .
Notice of p r o p o s e d rule m a k i n g with respect to the foregoing is
unnecessary, since the issuance a n d p a y m e n t of the subject m o n e y
orders involves the public property a n d contracts, as well as mili­
tary and foreign affairs functions, of the United States.
(5 U . S . C .

301, 39 U . S . C .

501, 705(d), 712, 5101, 5102)
D A V I D A. N E L S O N ,
General Counsel.

(F.R. Doc. 69--14216; Filed, Nov. 28, 1969; 8:48 a . m . )


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102