22 CFR § 201.70 Rules and Procedures Applicable to Commodity Transactions Financed by USAID

§ 201.70 Purpose.

Current through Oct 13, 2026 · Read all of Part 201

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.

← § 201.69 Cooperating country taxes and fees.§ 201.71 Terms of letters of credit. →