To ensure proper account classification of transactions reported under Code No. 1. 7.99.0
CIRCULAR LETTER Series of 1993
TO : All Commercial Banks, Expanded Commercial Banks and Specialized Government Banks
To ensure proper account classification of transactions reported under Code No. 1. 7.99.0, Miscellaneous Services — Others of Schedules 4 (Details of Foreign Exchange Acquisition, Invisibles Other Than Loan Availments) and 8 (Details of Foreign Exchange Disposition: Invisibles Other Than Loan Availments) of IOS Form I, please comply strictly with a previously issued instruction under Manual of Instruction IOS Form I requiring banks to provide a clear description or specify the type of transactions reported under said transaction code.
EDUARDO P. ZIALCITA Deputy Governor
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