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FEDERAL. R E SE R V E

BANK OF

DALLAS

FISCAL. A G E N T O F TH E UNITED ST AT E S

Dallas, Texas, July 26,1944

To the Member and Nonmember Banks in the
Eleventh Federal Reserve District:
It has been brought to the attention of the Treasury Department that
remittances to members of the armed forces of the United States are being
effected by banks in the United States under General License No. 32A.
We have been requested to inform banks in this district that it is de­
sired that General License No. 32A not be used to effect remittances to
members of the armed forces of the United States. Such remittances may
be effected through the use of United States postal money orders pursuant
to the provisions of General License No.

88.

We have been informed also that many of the payment orders hereto­
fore issued under General License No. 32A to the Bank of Naples and the
Bank of Sicily covering remittances of this nature will not be executed, and
that the Italian banks are expected to instruct the transmitting banks in the
United States to refund the amounts of any such incomplete remittances.

Yours very truly,
R. R. GILBERT
President

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