12 CFR § 211.45 - Accounting for fees on international loans.
---
identifier: "/us/cfr/t12/s211.45"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 211.45 - Accounting for fees on international loans."
title_number: 12
title_name: "Banks and Banking"
section_number: "211.45"
section_name: "Accounting for fees on international loans."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "211"
part_name: "INTERNATIONAL BANKING OPERATIONS (REGULATION K)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 221 1818, 1835a, 1841 3101 3901 and 5101 15 U.S.C. 1681s, 1681w, 6801 and 6805."
cfr_part: "211"
---
# 211.45 Accounting for fees on international loans.
(a) *Restrictions on fees for restructured international loans.* No banking institution shall charge, in connection with the restructuring of an international loan, any fee exceeding the administrative cost of the restructuring unless it amortizes the amount of the fee exceeding the administrative cost over the effective life of the loan.
(b) *Accounting treatment.* Subject to paragraph (a) of this section, banking institutions shall account for fees on international loans in accordance with generally accepted accounting principles.
[Reg. K, 68 FR 1159, Jan. 9, 2003]