5. It should be noted that the French Treasury has an account in each of the central banks of the franc zone for its payment operations in these monetary areas: the payments it makes (pensions, military expenses, etc.) and those it receives (visa receipts, administrative documents, etc.). It credits the operations accounts if its account is in debit.

Fanny Pigeaud_ Ndongo Samba Sylla, Africa's Last Colonial Curr…, loc. 428