Jews with restitution and indemnification claims against Germany Welcome a number of measures just introduced by the German authorities to relax the rigid currency control system.
German enterprises owned by non-German residents, among them Jews who emigrated from Germany and whose businesses have been returned to them, can now secure a “general license” to make certain deutschemark payments on behalf of the owner or owners, without in each case applying for a separate permit. Such payments may be for travel and entertainment costs of the owner, for his living expenses in Germany, for relief and assistance, for taxes, etc. The required “general license” is issued by the competent State Central Bank.
Non-German residents who maintain so-called “convertible deutschemark accounts” at a German bank, or German residents whom they have given a power of attorney, may in the future make cash withdrawals for personal expenses.
As of May 1, Germany abolished the more than 90 different and exceedingly complex foreign currency control regulations governing the payment by German residents or firms of service charges and incidental expenses incurred in non-German countries. Within certain limits, German residents or firms will no longer need special permits to transfer abroad wages, salaries or commissions due to employees, agents or salesmen. Nor will German residents or firms need special permits to settle the bills of non-German lawyers, tax consultants, doctors, automobile repair shops, and the like.
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