Reminder: International Reply Coupons

All postal retail units must submit foreign-issued (exchanged) and U.S.-issued (redeemed) international reply coupons (IRCs) accepted through December 31, 2007, to the stamp distribution office (SDO) or stamp ser­vices center (SSC).

Redemption rates for foreign-issued exchanged IRCs are based on the round date stamp (on the right-hand side of the coupon) and the list below:

 

Date

Redemption Rates

01/01/2002–01/07/2006

0.80

01/08/2006–05/13/2007

0.84

05/14/2007–Present

0.90

Section 1401.3 of the Field Accounting Procedures (FAP) guide contains specific instructions for submitting exchanged foreign-issued and redeemed U.S.-issued IRCs to their servicing SDO or SSC.

FAP section 1401.4 contains specific instructions for SDOs and SSCs to account for returned IRCs and submis­sion to the accounting service center (ASC).

SDOs and SSCs must mail IRCs by February 29, 2008, to the following address:

EAGAN ASC FINANCE BRANCH
FINANCIAL REPORTING
2825 LONE OAK PKWY
EAGAN MN 55121-9617

The FAP is available on the Postal Service Intranet:

(The direct Web site address is http://blue.usps.gov/accounting/_pdf/draftFAP.pdf.)

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