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FE D ER AL R E SE R V E BANK
O F N E W YORK

r Circular No. 5 1 6 6 * 1

L

March IS, 1962

Nonpayment of Postal Money Orders Issued in Cuba
On or After March 19, 1962

To the Member and Nonmember Clearing Banks
of the Second Federal Reserve District:

W e have been advised by the Post Office Department, Bureau of
Finance, that effective March 19, 1962 the money order service between
the United States and Cuba will be suspended, and no money order
issued in Cuba on or after that date will be acceptable for payment
in the United States.
Accordingly, no postal money order issued in Cuba on or after
March 19, 1962 should be forwarded to us for collection. Any such
money order received by us will be returned to our depositing bank.




Additional copies of this circular will be furnished upon request.

A

lfred

H

a y es,

President.

J