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W. P. 8. HARDIN8, 8oYIINOI
PAUL H. WARaUH, YICII8oYIINOI
FRIDIRIC A. DILANO
WILLIAN G. MCADOO ..
IICIHAIY OP THI TIIAIUY •
CIIAIIMAN
~~~~ci.·~~~~.
I
JOHN SKILTON WILLIAMS
COMniOLLII OP THI CUIIINCY
:a::::·,~!'i.i:.1:t:.':::.IITMY
FEDERAL RESERVE BOARD
AND .~ICAL A41UI ,
ADDRK1{~
WASHINGTON
P'IEDIERAI.. . . . .V& IICIARD
DIVISION OF REPO'RTS AND STATISTICS
:Ie.rc.n. 6 ,. 1918
Dear Sir:
With reference to inquiries received from some of the Federal
Reserve banks regarding code words for use tn connection with Federal
Reserve Transfer .drafts as
out~ined
in the fourth paragraph of' our let•
ter of' Januar,y 30, 1918, it is requested that Form X-96 attached to
circular letter X-102 dated April 25, l917 be changed to read ae f'ol~
lowe:
FEDERAL RESERVE TRABSFER .DRAFTS
"Nos. from
to
inc. Drawn by - - - - totalling
• Ae per their advice dated _ __
- - - - a r e good. When presented for pi.JI!lent charge
our account and wire us adviqe of parment upon receipt
ot which we will credit your account •"
It is also requested that code w_ord "00RD" be used to advise
other Federal Reserve Banks that Federal Reserve transfer drafts have
•
been drawn.
Upon payment of Federal Reserve Transfer draft& the pa.ying
. bank should telegraph the drawee Federal Reserve :aamt as follows:
"Federal Reserve transfer dratts drawn by·-~~~
as per their advice dated
have ~een paid and
your account charged
•"
COde word "0tmB" is designated for the purpose of
a
adviai~
d·rawee Federal Reserve banlta ot tlie payment of Federal Reserve Tranater
dratts.
Very t Nly yours,
federal Reserve
Agent ,
Assistant Secretary.
@FedFRASER