ADS Chapter 627

Local Currency Trust Fund Management

Functional Series 600 – Budget and Finance

Partial Revision Date: 06/27/2014
Responsible Office: M/CFO/FPS
File Name: 627_062714


This chapter establishes accountability requirements that govern Local Currency Trust Funds (TF) management. It includes those accounts that are transferred from the cognizant United States Disbursing Officer (USDO) to the USAID mission controller as well as those initiated by the host country government directly with USAID after the USDO has transferred Foreign Transaction (FT) accounting/reporting responsibility.