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F

ed er a l

R

e s e r v e

B

ank

O F DALLAS
T O N Y J . SALVAGGIO
F IR S T V IC E p r e s i d e n t

October 25, 1991

DALLAS. TEXAS 75222

N otice 91-89

TO:

The Chief Operating Officer of
each financial institution in the
Eleventh Federal Reserve District
SUBJECT
New Bags fo r Currency Shipments
DETAILS

Effective December 1, 1991, the Federal Reserve Bank of Dallas and
its offices in El Paso, Houston, and San Antonio will begin utilizing plastic
bags for all outgoing shipments of currency.
The decision to change from
cloth/canvas bags to plastic bags results from a study conducted by this
Federal Reserve District over the past two years.
The study concluded that
the newly developed plastic bags, made of a high-quality, low-density
polyethylene, are tamper evident and sturdy enough to be utilized for inter­
bank shipments.
To preserve the integrity of the package and to reduce the
risk of loss, the Federal Reserve will continue its current practice of
placing currency bundles and/or packages in cold-seal bags before placing them
in the new plastic bags for shipment.
In accordance with Operating Circular 5 (Currency, Coin, and Food
Coupons) and current practice, if you receive a currency shipment from the
Federal Reserve that appears to have been tampered with, you should report the
incident to the appropriate Federal Reserve office before opening the bag.
MORE INFORMATION

For more information, please contact Mary Louise Rosas, (214)
651-6336, at the Dallas Office; Javier Jimenez, (915) 521-8202, at the El Paso
Branch; Luke Richards, (713) 652-1544, at the Houston Branch; or John Bullock,
(512) 978-1403, at the San Antonio Branch.
For additional copies of this B a n k ’s notice, please contact the
Public Affairs Department at (214) 651-6289.
Sincerely,

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal Reserve Bank of Dallas:
Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston Branch Intrastate (800) 392-4162,
Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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