12 CFR § 347.304 - Accounting for fees on international loans.

---
identifier: "/us/cfr/t12/s347.304"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 347.304 - Accounting for fees on international loans."
title_number: 12
title_name: "Banks and Banking"
section_number: "347.304"
section_name: "Accounting for fees on international loans."
chapter_name: "FEDERAL DEPOSIT INSURANCE CORPORATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AND STATEMENTS OF GENERAL POLICY"
part_number: "347"
part_name: "INTERNATIONAL BANKING"
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. 1813, 1815, 1817, 1819, 1820, 1828, 3103, 3104, 3105, 3108, 3109; Pub L. No. 111-203, section 939A, 124 Stat. 1376, 1887 (July 21, 2010) (codified 15 U.S.C. 78o-7 note)."
regulatory_source: "70 FR 17560, Apr. 6, 2005, unless otherwise noted."
cfr_part: "347"
---


# 347.304 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.