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The DD 2663 shows the current balance of foreign
currency on hand and in limited depositaries. It also
shows the detailed transactions that increased or
decreased the balance. Separate DD 2663s will be
maintained for each currency used. Also, a separate DD
2663 will be maintained for the accommodation
exchange of foreign currency if it is carried at a different
exchange rate than that used for disbursements.
QUARTERLY REPORTS
The following three quarterly reports on foreign
currency transactions must be submitted to DFAS-CL:
1.
2.
3.
Cumulative Report of Foreign Currency
Purchased With U.S. Dollars From Sources
Outside the U.S. Government
Report of the Balance of Foreign Currency Held
Under Dollar Accountability
Report of Foreign Exchange Received by DOs
and Credited Immediately to Miscellaneous
Receipt Accounts of the Treasury
Each report contains specific information, but your
disbursing unit can consolidate all three reports since
they are all forwarded to the same place. The reports
must be submitted within 15 calendar days after the
close of each quarter.
Cumulative Report of Foreign Currency
Purchased With U.S. Dollars From Sources
Outside the U.S. Government
This report is submitted at the end of each quarter
and is cumulative for the fiscal year. It includes
amounts acquired through accommodation exchange
transactions as well as purchases from banks and other
dealers in currency exchange. It is submitted in the
form of a listing under the following headings:
Country of Currency
Monetary Unit
Number of Units Purchased
Total Dollar Outlay
Memorandum—Dollar
Outlay
Accommodation Exchanges
for
Report of the Balance of Foreign Currency
Held Under Dollar Accountability
This report is also in the form of a listing under the
following headings:
Country of Currency
Monetary Unit
Number of Units
Dollar Equivalent
Rate of Exchange
Report of Foreign Exchange Received by DOs
and Credited Immediately to Miscellaneous
Receipt Accounts of the Treasury
These funds are received for such things as fees and
services. They are immediately purchased by DOs with
appropriated funds. They are used for operating needs.
Repayments to appropriations are excluded. The report
will be in the form of a listing under the following
headings:
Country of Currency
Monetary Unit
Number of Units
Dollar Equivalent
Rate of Exchange
DFAS-CL will consolidate these three quarterly
reports. DFAS-CL will then forward them directly to
DFAS-Headquarters in time to be delivered to the U.S.
Treasury 45 calendar days after the close of each
quarter.
STATEMENT OF ACCOUNTABILITY
All foreign currency balances held under a DO’s
dollar accountability, including limited depositary
checking account balances, will be reported on the
Statement of Accountability, SF 1219. All entries in the
amount column will be expressed in their U.S. dollar
equivalent with the monetary unit or units of foreign
currency shown in parentheses in the blank spaces next
to the caption of the applicable line.
SUMMARY
Foreign currency transactions, although not
particularly difficult, do require compliance with many
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