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Federal r eser ve Bank OF DALLAS WILLIAM H. WALLACE DALLAS, TEXAS 75222 F IR S T V ICE P R E S ID E N T March 1, 1985 Circular 85-29 TO: The Operations Officer of all depository institutions in the Eleventh Federal District SUBJECT Postal Money Order Revisions DETAILS The United States Postal Service (USPS) has requested that we inform depository institutions of several changes to Postal Money Orders that soon will be entering circulation. Effective February 17, 1985, the changes are as follows: ° Money orders will be issued with the maximum limitation value increased to seven hundred dollars. ° Limitation value will be imprinted on the back of the money order. ° The "Warning-Cashier" instructions on the back have been changed slightly from those presently shown on the five hundred dollar limit money order. In addition, the second and third paragraphs regarding "Ownership, etc." and "Foreign bank, etc." have been removed. Over the next year, the Postal Service will continue to have in circulation money order forms that have the five hundred dollar limitation on the back as well as new forms with a seven hundred dollar limitation on the back. For that reason, they are issuing the following cashing instruction which is in addition to the "Warning-Cashier" instructions: ° Do not cash a postal money order with the five hundred dollar maximum limitation statement on the back if the amount to be paid exceeds that maximum limitation. For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800) 527-9200 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - MORE INFORMATION If you have questions regarding these changes, please contact Dwaine Basham at (214) 651-6278, or Larry Ripley at (214) 651-6118. Sincerely yours,
@FedFRASER