The Head/ Principal Offices of all

Authorized Dealers in Foreign Exchange,

Dear Sirs/Madams,

DETAILS OF TRANSACTIONS TO/ FROM IRAN UNDER ACU ARRANGEMENT

Attention of the Authorized Dealers is invited to various instructions regarding Asian Union Clearing Union (ACU) Mechanism.

Please find enclosed a specimen letter alongwith three enclosures required to be submitted to the Chief Manager, SBP-BSC (Bank), Karachi duly filled in on monthly basis on the captioned subject.

In this regard, Authorized Dealers are advised to furnish the requisite information on the enclosed format from November 2010 and onward.

Please bring the above to the notice of all your constituents for necessary compliance.