Page:UN Treaty Series - vol 3.pdf/71

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1947
Nations Unies — Recueil des Traités
61

In reply I have the honour to inform you of my Government's agreement to the said convention and to attach hereto the text which it has approved and which is identical with that transmitted by you.

I have the honour to be, etc.

Tjarda van Starkenborgh

His Excellency Mr. Georges Bidault
Minister for Foreign Affairs
Paris



FRENCH-NETHERLANDS MONETARY AGREEMENT

The Netherlands Government of the one part and the Provisional Government of the French Republic of the other part have agreed upon the following provisions:

Article 1

1. To ensure the necessary means for effecting the authorized payments in the guilder area of residents of the franc area and the authorized payments in the franc area of residents of the guilder area, the Nederlandsche Bank (acting as agents of the Netherlands Government) and the Banque de France (acting as agents of the French Government) shall sell to one another guilders for francs and francs for guilders.

2. In pursuance of the preceding paragraph the Nederlandsche Bank shall open a guilder account with the Banque de France; and the Banque de France shall open a franc account with the Nederlandsche Bank.

Article 2

1. The Banque de France shall provide the Nederlandsche Bank, against payment in francs, with the local currencies needed for all payments in the franc area where these local currencies are legal tender.

2. The Nederlandsche Bank shall provide the Banque de France, against payment in guilders, with the local currencies needed for all payments in the territories of the guilder area where these local currencies are legal tender.

No. 24

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