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B-215316 1 (1984-08-29)

handle is hein.gao/gaobadlwl0001 and id is 1 raw text is: THE COMPTROLLER GENERAL OECISION . . OP THE UNITED STATES WASHINGTON, O.C. 2054U FILE: B-215316 OATE: August 29, 1984 MATTER OF: Chester M. Purdy -- Claimed Loss on Currency Exchange as an Overseas Travel Expense OIGEST: An employee on official travel may not be reimbursed for loss he sustains in recon- verting travelers checks and cash, drawn in British pounds, into United States dollars. As a general rule, the risk of incurring an exchange loss while on temporary duty in a foreign country lies with the employee. 23 Comp. Gen. 212 (1943). Absent statutory or regulatory authorization, losses incurred on a currency exchange may not be reim- bursed. Similarly, there is no authority for the agency to recoup any gain in cur- rency conversion from the employee. Mr. V. Joseph Startari, an Authorized Certifying Officer of the Department of Energy (DOE), requests a decision as to whether Mr. Chester M. Purdy, a DOE employee, should be reimbursed $30.28 for exchange losses he incurred when he purchased British currency and travelers checks incident to official travel to England. We hold that Mr. Purdy is not entitled to the claimed loss of $30.28 as an allowable expense since there is no authority for such reimbursements. BACKGROUND From October 8 to October 15, 1983, DOE assigned Mr. Purdy to temporary duty in Chester, England. In con- nection with his travel, he received a $900 travel advance, issued in the form of a United States Treasury check, to offset his anticipated per diem and miscellan- eous expenses. From the record before us, Mr. Purdy initially spent a portion of his advance on British pounds 'oe _- C' C

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