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Manager and all branches outside Hong Kong and

enemy occupied territory are being instructed to accept orders from him and not from Hong Kong until New York branch of Bank is being further notice.

asked to get in touch with you in case any necessity arises for official confirmation of this but no immediate action is necessary by you in default of such

request.

For your own information this action is inter alia designed to prevent the Bank's assets in U.S.A. being frozen by the U.S. authorities in the event of Hong Kong

If freezing action is falling into enemy hands. threatened you should at once make the Bank's position

clear to U.S. authorities and should inform H.M.G.

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