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FEDERAL RESERVE BANK OF DALLAS F IS C A L A G E N T O F TH E UN ITED S TATE S Dallas, Texas, September 24, 1945 To All Banking Institutions, and Others Concerned, in the Eleventh Federal Reserve District: The Treasury Department has advised that under date of September 21, 1945, it received the following announcement from the Belgian Embassy in Washington: “ CONVERSION OF BELGIAN BANK NOTES AND DECLARATION AND DEPOSIT OF BELGIAN BEARER SECURITIES “ I. Conversion of Belgian Bank Notes “ Under a Belgian Decree-Law dated October 6, 1944, paper currency issued prior to October 9, 1944, by the National Bank of Belgium in the denominations of 100, 500, 1,000 and 10,000 francs ceased to be legal tender and to be negotiable as of October 9, 1944, and was withdrawn from circulation in Belgium. “ Arrangements have been made whereby up to and including October 22, 1945, all such called notes held in the continental United States and Hawaii shall be forwarded to the Belgian consulates, accompanied by a declaration on a form obtainable from the Belgian Embassy or consulates. Information required in the declaration pertains to the ownership and location of the currency and the date and manner in which it was ac quired. In addition, the owner is required to establish that the banknotes were acquired without violating the laws and regulations of Belgium and that they do not belong to and were not received from nationals of any country at war with Belgium or her Allies. “ Residents in the United States shall also declare Belgian banknotes owned by them outside of the United States on October 9,1944, to which no third party had access. “ If the Belgian authorities are satisfied that the notes are genuine and were legiti mately acquired, the equivalent of the banknotes, in respect of which the owner has complied with the above requirement, will be credited to a blocked account in the name of the owner mentioned in the declaration with the ‘Office des Cheques et Virements Postaux’ (Office of Postal Checks and Transfers), Brussels, Belgium. “ After October 22, 1945, no declaration and deposit will be accepted. “ The location of the Belgian consular offices and the areas served by them are as follows: “ Belgian Embassy, 1715-22nd St., N. W., Washington, D. C.: District of Columbia. “ Belgian Consulate General, 50 Rockefeller Plaza, New York, N. Y.: New York, Rhode Island, Maine, Vermont, New Jersey, Delaware, Connecticut, Massachusetts, New Hampshire, Pennsylvania, Maryland, Virginia, West Virginia, North Carolina, South Carolina. “ Belgian Consulate General, 833 North Michigan Avenue, Chicago, 111.: Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North and South Dakota, Ohio, Wisconsin, Wyoming. “ Belgian Consulate General, 4630 St. Charles Avenue, New Orleans, L a.: Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, New Mexico, Oklahoma, Tennessee, Texas. (O v e r) This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
@FedFRASER