Effective January 5, 2008, we are revising the following sections in Mailing Standards of the United States Postal Service, International Mail Manual (IMM®) to reflect a change in the conversion rate between special drawing right (SDR) values and U.S. dollars and to reflect changes to the indemnity limits for ordinary Priority Mail International™ parcels and Registered Mail™ service (which are affected by the SDR values):
Postal Service™ retail employees use this information and the limits listed in Exhibit 233.3 when a customer presents an insured parcel for mailing. Employees must write the insured amount, stated in terms of both dollars and SDR values, in the designated blocks on PS Form 2976-A, Customs Declaration and Dispatch Note — CP 72.
Mailing Standards of the United States Postal Service, International Mail Manual (IMM)
* * * * *
2 Conditions for Mailing
* * * * *
230 Priority Mail International
* * * * *
233 Priority Mail International Parcels
* * * * *
233.3 Ordinary Priority Mail International Weight and Indemnity Limits
* * * * *
Exhibit 233.3 Ordinary Priority Mail International
Weight and Indemnity Limits
* * * * *
[Revise Exhibit 233.3 to read as follows (reflecting the new SDR rate):]
* * * * *
3 Extra Services
* * * * *
320 Insurance
* * * * *
324 Processing Requests
324.1 Mailing Receipt and Insurance Number
* * * * *
324.12 Accepting Clerk’s Responsibility
The accepting clerk must:
* * * * *
[Revise item b at the end so that the example reads as follows (reflecting the new SDR rate):]
b. ***For example:
INSURED VALUE
$100 (U.S.)
65.92 SDR
[Revise item c to read as follows:]
c. See Exhibit 324.12 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 0.6592.
Note: Use the following rates when converting between U.S. dollars and SDR values:
1 U.S. $ = 0.6592 SDR
1 SDR = $1.52 ($1.5170 U.S.)
* * * * *
Exhibit 324.12 Conversion Table: U.S. Dollars to
Special Drawing Right (SDR)
[Revise Exhibit 324.12 to read as follows (reflecting the new SDR rate):]
1 U.S. $ = 0.6592 SDR 1 SDR = $1.52 ($1.5170 U.S.)
* * * * *
330 Registered Mail
* * * * *
333 Fees and Indemnity Limits
* * * * *
333.2 Indemnity Limit
[Revise 333.2 to read as follows (reflecting a change in the indemnity limit to $45.51):]
Regardless of the declared value of a registered item, the maximum amount of indemnity payable for loss, damage, or rifling is $45.51.
* * * * *
9 Inquiries, Indemnities, and Refunds
* * * * *
930 Indemnity Payments
* * * * *
934 Payments for Registered Mail
* * * * *
934.2 Special Provisions
[Revise 934.2 to read as follows (reflecting a change in the indemnity limit to $45.51):]
Regardless of the declared value of a registered item, the maximum amount of indemnity payable for loss, damage, or rifling is $45.51.
* * * * *
Individual Country Listings
[For every country that offers Registered Mail service, revise the maximum indemnity limit to $45.51, to read as follows in the generic example:]
Country Conditions for Mailing
* * * * *
Extra Services
* * * * *
Registered Mail (330) Fee: $10.15
Maximum Indemnity: $45.51
* * * * *
We will incorporate these revisions into the next printed version of the IMM and also into the online version of the IMM, which can be accessed via Postal Explorer® at http://pe.usps.com.
— Global Business Development,
Global Business Management, 12-20-07
