English Translation

The central bank of the savings banks, in its preliminary meeting on 4 February, had dealt with my appeal and expressed in a letter of 6 February that the president had taken note of my appointment. This letter stresses that the central bank is intended to take over the tasks of a regional giro centre - the central district giro in the sense of the principles of spar giro transport, which are relevant in the Old Kingdom - in the Protectorate, and that I am entrusted with the management of the preparatory work for the transformation into a central giro. As a result, I was entitled to exert the necessary influence on the design of the entire central bank's money, bank and current transactions, also in organisational terms. The right to attend the meetings of all the bodies and to request information and documents which I thought were necessary to carry out my duties, I have made continuous and extensive use of them. I was able to start my mission as soon as possible thanks to the support given to me by the Deutsche Sparkassen- und Giroverband and the Deutsche Girozentrale, Berlin, so that the savings service could be introduced with effect from 1 March the year before. It can be noted that this kind of inbarable payment is involved. In March there were 20,5l9 orders, in April 60,092, in May 86,743, in June 87,962, in July 99,l70, in August 99,074 and in September l03,96l. Transfers rose by a moderate amount from kroner l3l million in March to kronor 453 million in July. Spargiro traffic with the Reich is not yet very extensive for obvious reasons. This is partly explained by the still existing direct involvement of the Landesbank and Girozentrale for the Sudetenland in Reichenberg and the Girozentral of the Ostmärkische Sparkassen in Vienna in the Giro- verkehr with the Protectorate. The entrances from the Reich stood in July on 6,692 orders with 86 million crowns, the exits to the Reich on 4,833 orders with 29 million kroner, in August