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Haavarah to Resume Accepting New Deposits in April

February 14, 1936
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In a statement to the Jewish Telegraphic Agency the Haavarah Office here points out that the Haavarah Office in Germany will from next April begin accepting new deposits from German Jews for transference to Palestine under the transfer agreement.

The Haavarah issued this statement in order to explain the fact disclosed by the Haavarah Office in Berlin that since February 1935, no new deposits had been accepted and that the Haavarah was at present merely paying out money on former deposits.

The statement of the Haavarah Office here goes on to point out in this respect that although no new deposits had been accepted, no less than five million marks had been paid out by the Haavarah between March and December 1935 on old accounts.

It is expected that the old accounts will be all settled by April, when the Haavarah will start anew to transfer Jewish capital from Germany.

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