[Federal Register Volume 80, Number 45 (Monday, March 9, 2015)]
[Notices]
[Pages 12446-12447]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-05412]


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DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

[Docket No. 150128089-5080-01]
XRIN 0691-XC037


BE-150: Quarterly Survey of Payment Card and Bank Card 
Transactions Related to International Travel

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice of Reporting Requirements.

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SUMMARY: By this Notice, the Bureau of Economic Analysis (BEA), 
Department of Commerce, is informing the public that it is conducting 
the mandatory survey titled Quarterly Survey of Payment Card and Bank 
Card Transactions Related to International Travel (BE-150). This survey 
is authorized by the International Investment and Trade in Services 
Survey Act.

SUPPLEMENTARY INFORMATION: This Notice constitutes legal notification 
to all United States persons (defined below) who meet the reporting 
requirements set forth in this Notice that they must respond to, and 
comply with, the survey. Reports are due 45 days after the end of each 
calendar quarter. This notice is being issued in conformance with the 
rule BEA issued in 2012 (77 FR 24373) establishing guidelines for 
collecting data on international trade in services and direct 
investment through notices, rather than through rulemaking. Additional 
information about BEA's collection of data on international trade in 
services and direct investment can be found in the 2012 rule, the 
International Investment and Trade in Services Survey Act (22 U.S.C. 
3101 et seq.), and 15 CFR part 801. Survey data on international trade 
in services and direct investment that are not collected pursuant to 
the 2012 rule are described separately in 15 CFR part 801. The BE-150 
survey forms and instructions are available on the BEA Web site at 
www.bea.gov/ssb.

Definitions

    (a) Person means any individual, branch, partnership, associated 
group, association, estate, trust, corporation, or other organization 
(whether or not organized under the laws of any State), and any 
government (including a foreign government, the United States 
Government, a State or local government, and any agency, corporation, 
financial institution, or other entity or instrumentality thereof, 
including a government-sponsored agency).
    (b) United States person means any person resident in the United 
States or subject to the jurisdiction of the United States.
    (c) United States, when used in a geographic sense, means the 50 
States, the District of Columbia, the Commonwealth of Puerto Rico, and 
all territories and possessions of the United States.
    (d) Foreign person means any person resident outside the United 
States or subject to the jurisdiction of a country other than the 
United States.

Reporting

    Who Must Report: (a) U.S. credit card companies and personal 
identification number (PIN)-based debit network companies that process 
payment and bank card transactions between U.S. cardholders and foreign 
businesses and between foreign cardholders and U.S. businesses.
    (b) Entities required to report will be contacted individually by 
BEA. Entities not contacted by BEA have no reporting responsibilities.
    What to Report: The survey collects information on the credit, 
debit, charge, automated teller machine (ATM), and point of sale 
transactions of U.S. persons traveling abroad and foreign persons 
traveling in the United States.
    How to Report: Reports can be filed using BEA's electronic 
reporting system at www.bea.gov/efile. Copies of the survey forms and 
instructions, which contain complete information on reporting 
procedures and definitions, may be obtained at the BEA Web site given 
above. Form BE-150 inquiries can be made by phone to BEA at (202) 606-
5588 or by sending an email to [email protected].
    When to Report: Reports are due to BEA 45 days after the end of the 
fiscal quarter.

Paperwork Reduction Act Notice

    This data collection has been approved by the Office of Management 
and Budget (OMB) in accordance with the Paperwork Reduction Act and 
assigned control number 0608-0072. An agency may not conduct or 
sponsor, and a person is not required to respond to, a collection of 
information unless it displays a valid control number assigned by OMB. 
Public reporting burden for this collection of information is estimated 
to average 16 hours per response. Send comments regarding this burden 
estimate to Director, Bureau of Economic Analysis (BE-1), U.S. 
Department of Commerce, Washington, DC 20230; and to the Office of 
Management and Budget, Paperwork

[[Page 12447]]

Reduction Project 0608-0072, Washington, DC 20503.

    Authority: 22 U.S.C. 3101-3108.

    Dated: February 2, 2014.
Brian C. Moyer,
Director, Bureau of Economic Analysis.
[FR Doc. 2015-05412 Filed 3-6-15; 8:45 am]
 BILLING CODE 3510-06-P