Postal Bulletin 22144 - December 23, 2004 - USPS.com

74 POSTAL BULLETIN 22144 (12-23-04)
2006 Pay Periods Begin
Pay Period Week One Week Two Pay Date Holidays
*01 12-24 to 12-30 12-31 to 01-06 01-13 12-25, 01-01
02 01-07 to 01-13 01-14 to 01-20 01-27 01-16
— Payroll Accounting, Finance, 12-23-04
International Mail
IMM REVISION
Change in U.S. Dollar and Special Drawing Right Conversion Rates
Effective January 1, 2005, International Mail Manual
(IMM) 324.22, Exhibit 324.22, 333.2, 934.21, and the International
Country Listing for every country except Canada,
Iraq, and North Korea (Korea, Democratic People’s Republic
of) are revised to reflect a change in the U.S. dollar and
special drawing right (SDR) conversion rates and the resulting
change in the maximum amount of indemnity that is
payable for loss, damage, or rifling for Registered Mail
items.
Postal Service retail employees use this information
whenever an insured or Registered Mail parcel is presented
for mailing. Employees must write the insured amount,
stated in terms of both U.S. dollars and SDR values, in the
designated blocks on PS Form 2976-A, Customs Declaration
and Dispatch Note — CP 72.
We will incorporate these revisions into the printed version
of IMM 31 and also into the online IMM accessible via
Postal Explorer at http://pe.usps.gov.
International Mail Manual (IMM)
* * * * *
3 Special Services
* * * * *
320 Insurance
* * * * *
324 Processing Requests
* * * * *
324.2 Marking
* * * * *
324.22 Retail Employee’s Responsibility
[Revise 324.22 in its entirety to read as follows:]
The retail employee must:
a. Indicate on the parcel the amount for which the parcel
is insured. Write the amount in ink, and express
the amount in U.S. currency and special drawing
right (SDR) values, indicating both in figures only. For
example:
INSURED VALUE
$100 (U.S.)
68.30 SDR
b. See Exhibit 324.22 for a table showing the conversion
of U.S. dollar values (up to $600) to SDR equivalents.
To determine SDR equivalents above $600, the
retail employee must multiply the insured amount,
rounded up to the next full dollar if necessary, by the
conversion factor of 0.6830.
Note: The conversion of U.S. dollars into SDR equivalents
is based on the following formulas:
1 U.S. $ = 0.6830 SDR 1 SDR = $1.46 (1.4642)
c. Enter the insured number, insured amount, and SDR
equivalent on PS Form 2976-A, Customs Declaration
and Dispatch Note — CP 72.
Exhibit 324.22
Conversion Table: U.S. Dollars to Special Drawing
Right (SDR)
[Revise Exhibit 324.22 by inserting the new conversion
formulas before the table as well as the new table to read
as follows:]
1 US $ = 0.6830 SDR 1 SDR = $1.46 [1.4642]