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Title 22 Part 201 → Subpart H → §201.70

Title 22 → Chapter II → Part 201 → Subpart H → §201.70

Electronic Code of Federal Regulations e-CFR

Title 22 Part 201 → Subpart H → §201.70

e-CFR data is current as of April 2, 2020

Title 22Chapter IIPart 201Subpart H → §201.70


Title 22: Foreign Relations
PART 201—RULES AND PROCEDURES APPLICABLE TO COMMODITY TRANSACTIONS FINANCED BY USAID
Subpart H—Rights and Responsibilities of Banks


§201.70   Purpose.

This subpart sets forth the rights and responsibilities of banks with regard to reimbursement under a letter of commitment opened pursuant to an USAID request. Banks will not be held responsible for the requirements of subparts B, C, D, E (excluding §201.44(a)(1)), and subpart G except insofar as provisions of these subparts are included in this subpart H or in a letter of commitment issued by USAID to a bank.