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Treasury Department FOREIGN FUNDS CONTROL August 29,1944 GENERAL LICENSE NO. 32A, AS AMENDED, UNDER EXECUTIVE ORDER NO. 8389, AS AMENDED, EXECUTIVE ORDER NO. 9193, SECTION 5(b) OF THE TRADING WITH THE ENEMY ACT, AS AMENDED BY THE FIRST WAR POWERS ACT, 1941, RELATING TO FOREIGN FUNDS CONTROL.* (1) Certain remittances to specified liberated areas for living expenses authorized. A general license is hereby granted authorizing remittances by any individual through any domestic bank to any individual within the liberated areas specified in paragraph (8) of this general license, and any domestic bank is authorized to effect such remit tances, provided the following terms and conditions are complied with: (a) Such remittances are made only for the necessary living expenses of the payee and his household and do not exceed $500 in any one calendar month to any one household; (b) Such remittances are not made from a blocked account other than from an account in a banking institution within the United States in the name of, or in which the beneficial interest is held by, a citizen of the United States who is the payee or a member of his household; and (c) Such remittances are effected only by the payment of the dollar amount of the remittance to a domestic bank for credit: Revised August 29,1944 (i) .„When the remittance is to any individual within the area specified in paragraph (8) (a) hereof, to a post-liberation blocked account in the name of “ Bank of Sicily, Account AF.” (ii) When the remittance is to any individual within the area specified in paragraph (8) (b) hereof, to a post-liberation blocked account in the name of “ Bank of Naples, Account AF.” (2) Duty of individuals and domestic banks acting under this license. All individ uals making such remittances and all domestic banks effecting such remittances shall satisfy themselves that the foregoing terms and conditions are complied with. (3) Reports by domestic banks effecting remittances. Domestic banks through which any such remittances originate shall execute promptly Section A of Form TFR-132 with respect to each such remittance. When so executed, Form TFR-182 shall be forwarded promptly to the domestic bank ultimately transmitting abroad the pay ment instructions for such remittances and the latter bank shall, upon receipt thereof, execute, Section B of Form TFR-132 and promptly file such executed report with the appropriate Federal Reserve bank. If the domestic bank through which any such remit' ' “ ’’<3 *Part 131— Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54 Stat. 179; So'.Stat. 838; Ex. Order 8389.,vApril. K), 194.0,-. as ,amewled by Ex. Order 8785, June 14, 1941, Ex. Order 8832, July 26, 1941, Ex. 8963,-©ec. W-194lT.and Ex. Order 8998, Dec. 26, 1941; Ex. Order 9193, July 6, 1942; ReguJahoR^pApril 19,1940; as amended June 14, 1941, and July 26, 1941. 44-23 This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) tance originates is also the bank ultimately transmitting abroad the payment instruc tions for such remittance, then such bank shall execute both Sections A and B of such report. No report on Form TFR-I32 shall be deemed to have been filed in compliance with this general license unless both Sections A and B thereof have been duly executed as herein prescribed. (4) Reports by domestic banks maintaining post-liberation blocked accounts. Domestic bank maintaining post-liberation blocked accounts pursuant to this general license shall report promptly the establishment of such accounts, and the balances therein at the end of each calendar month, to the appropriate Federal Reserve bank. (5) Refunds. Domestic banks are authorized to refund the amount of any remit tance ordered pursuant to this general license when such domestic banks are advised that such remittance cannot be effected. (6) Waiver of General Ruling No. 11 and General Ruling No. 5A. Transactions authorized herein and communications with persons in the areas specified in paragraph (8) hereof relating thereto are authorized notwithstanding General Ruling No. 11. Domestic banks are authorized, notwithstanding General Ruling No. 5A, to send to and receive from the banks referred to in paragraph (1) (c) hereof non-negotiable bank payment orders covering remittances or refunds authorized herein. Revised August 29,1944 (7) Definitions. As used in this general license: (a) The term “ household” shall mean: (i) those individuals sharing a common dwelling as a family; or (ii) any individual not sharing a common dwelling with others as a family. (b) The term “ post-liberation blocked account” shall mean a blocked account: (i) which is established pursuant to this license or any other license or other authorization expressly referring to a post-liberation blocked account; (ii) to which funds may be credited only pursuant to this license or any other license or other authorization expressly referring to a post liberation blocked account; and (iii) with respect to which payments, transfers, or withdrawals or other dealings may not be made or effected except pursuant to this license or any other license or other authorization expressly referring to a post-liberation blocked account. (8) Designation of liberated areas to which remittances may be effected. The lib erated areas covered by this general license are: (a) Sicily; (b) Sardinia and the following provinces of Italy: Cosenza, Reggio Calabria, Potenza, Foggia, Bari, Brindisi, Catanzaro, Matera, Avellino, Taranto, Lecce, Naples, Salerno, Benevento, Rome, Littoria, Frosinone, and Campobasso. HERBERT E. GASTON Acting Secretary of the Treasury Revised August 29, 1944 TREASURY DEPARTMENT Washington FOR RELEASE, MORNING NEWSPAPERS August 29, 1944 Press Service No. 43-8 The Treasury and War Departments today announced that remittances for living expenses may now be effected to persons in the City and Province of Rome. At the same time it was announced that facilities for living expense remittances have also been pro vided for the recently liberated Italian provinces of Littoria, Frosinone and Campobasso. Remittances of this type have previously been authorized for Sicily, Sardinia, and the provinces of Cosenza, Reggio Calabria, Potenza, Foggia, Bari, Brindisi, Catanzaro, Matera, Avellino, Taranto, Lecce, Naples, Salerno and Benevento. It is expected that in the near future similar facilities will be made available for other portions of liberated Italy, The maximum amounts which may be remitted and the procedures to be followed are prescribed in General License No. 32A as amended today by the Treasury. Treasury officials called attention to the fact that the amount which may be remitted under the general license to any one payee or his household has been increased to $500 per month. Existing procedures have not been changed by today’s amendment and the restrictions against withdrawals from blocked accounts are still effective. Remittances to the new areas added by today’s amendment will be channeled through correspondent banks of the Bank of Naples. Persons desiring to effect remittances to any area in the liberated portions of Italy should consult their local banks. Treasury officials again stressed the fact that the regulations do not authorize the sending of checks, drafts, securities or currency to Italy. Cable facilities are not avail able and communications relating to financial, commercial or business matters other than those in connection with living expense remittances continue to be prohibited.
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