BSP CIRCULAR LETTER S. 1992, May 04, 1992

[ BSP CIRCULAR LETTER S. 1992, May 04, 1992 ]

REPAYMENT OF FCDU LOANS TO EXPORTERS UNDER CIRCULAR 1317

To effectively monitor repayment of FCDU loans to exporters under Circular 1317, please include the following accounts in your "CODES FOR INVISIBLE ACQUISITIONS" and "CODES FOR INVISIBLE DISPOSITIONS" for Schedules 4 and 8, respectively, of IOS Form 1, to wit:

Acquisition:

Code A1.4.09.0 - Intermediaries Income on FCDU Loans to Exporters

Code A1.7.31.0 - Settlement of Principal - FCDU Loans to Exporters

Disposition:

Code D1.4.09.0 - Interest payments on FCDU Loans to Exporters

Code D1.7.24.0 - Settlement of Principal - FCDU Loans to Exporters

This Circular Letter shall Take effect immediately.

Adopted: 4 May 1992

(SGD.) EDGARDO P. ZIALCITA Deputy Governor