REPAYMENT OF FCDU LOANS TO EXPORTERS UNDER CIRCULAR 1317
National Administrative Register [ BSP CIRCULAR LETTER S. 1992, May 04, 1992 ]
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
Deputy Governor