United States Postal Service using SDR now

 

 

 

 

 

 

 

 

http://pe.usps.gov/text/imm/immc3_008.htm#ep294909

324.12 Accepting Clerk’s Responsibility

The accepting clerk must:

1. Indicate on PS Form 2976-A the amount for which the parcel is insured. Write the amount in U.S. dollars in ink in the “Insured Amount (U.S.) block.”
2. Convert the U.S. dollar amount to the special drawing right (SDR) value and enter it in the SDR value block. For example:INSURED VALUE
   $100.00 (U.S.)
   62.59 SDR
3. See Exhibit 324.12 (p. 1) for a table showing the conversion of U.S. dollar values up to $600 to SDR equivalents. To determine SDR equivalents above $600, multiply the insured amount, rounded up to the next full dollar, by the conversion factor of 0.6259.

   Note: Use the following rates when converting between U.S. dollars and SDR values:

   1 U.S. $ = 0.6259 SDR

   1 SDR = $1.60 ($1.5978 U.S.)

4. Write a bold capital “V” in the space provided adjacent to the boxes for Insured Amount and Insurance Fees as an indicator that additional insurance was purchased.
5. Indicate special contents for fragile, liquid, and perishable items.
6. Round stamp PS Form 2976-A in the appropriate place on each copy.

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check it out for yourself if you dont believe me !

thanks to shabba for the link…the USD is finished, and the fact USPS is using the SDR is just another confirmation imo

401

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~ by seeker401 on June 29, 2009.