| Description | Correspondence Bank/Board of Trade/Treasury (HMT)/Turkish authorities about particular transactions (including Compensation deals), banking arrangements, exchange rates, etc. Details of bank accounts (note of 9 Jan 1936). Agreement not working well: many United Kingdom (UK) importers paid Turkish suppliers direct and not through Turkish accounts at the Bank, and not enough sterling was available to pay debts to UK exporters (another note of 9 Jan 1936). |