Effective January 22, 2012, the price change affects the selling price of the International Reply Coupon (IRC). The new selling price is $2.20 per coupon. Post Offices™ and postal retail units (PRUs) should use their existing supply of $2.10 IRCs, and at the time of sale, add a 10-cent postage stamp.
Offices must follow the below procedures now that the price change went into effect on January 22, 2012. When affixing the postage stamps, leave the bottom-right corner of the IRC clear. This provides space for the foreign post that exchanges the coupon to cancel it.
If you use a 10-cent postage validation imprinter (PVI) label or postal postage meter, make sure you affix these labels only to the back of the IRC and do not cover any portion of the IRC’s barcode.
Post Offices and PRUs must ensure that an adequate supply of 10-cent stamps are on hand. No accounting entries are required to adjust the value of IRCs in inventory. Record the sale of the additional 10-cents postage applied to the IRC as AIC 090, Postage Stock Sales, or AIC 109, Postage Validation Imprinter, on the retail associate’s PS Form 1412, Daily Financial Report.
— Revenue and Field Accounting,
Controller, 1-26-12
