Full text of District Notices (Federal Reserve Bank of Dallas) : [Granting License for Payments From Blocked Accounts, France, Belgium, and Other Liberated Countries]

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TREASURY DEPARTMENT
Washington

For Release, Morning Newspapers
Monday, March 26, 1945

Press Service
No. 45-57

The Treasury Department announced today that it is prepared, in appropriate cases,
to grant licenses for payments from blocked accounts in this country to creditors of
business organizations and individuals in France, Belgium, and other liberated countries
of Europe with which postal communication has been restored.
It was stated that, in general, an application for such a license should be supported
by a payment instruction or other acknowledgment by the debtor executed after the
date when the restrictions of General Ruling No. 11 were completely lifted on commu­
nications with the country where the debtor is located. If $n application is based on a
court judgment, evidence should be submitted that the debtor has received actual notice
of the proceedings and has had a reasonable opportunity to appear.
Today’s announcement does not apply to claims on persons in any country against
which the United States has declared war.

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