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federal reserve Ba n k DALLAS, TEXAS of Dallas 75222 Circular No. 83-6 January 11, 1983 CASH LETTER FORMS TO ALL DEPOSITORY INSTITUTIONS IN THE HEAD OFFICE TERRITORY OF THE ELEVENTH FEDERAL RESERVE DISTRICT: Effective January 31, 1983, the Federal Reserve Bank of Dallas will begin making changes in its advice system for notification of cash letter credits and debits. On that date, the Dallas office will begin providing a separate "Cash L etter Credit Advice" for all cash letters received and processed. On February 28, 1983, a separate "Cash Letter Debit Advice" will be provided for cash letters containing checks drawn on your institution and forwarded for payment. Presently, the Dallas office provides three separate advices: "Advice of Availability of Cash Letters Received by Us or Sent Direct by You", "North Texas Regional Check Processing Center - Statement of Clearings", and "Cash L etter Autocharge Advice". All of these will be discontinued and replaced by the new credit and debit advices. The change in cash letter forms will allow the Dallas office to provide more detailed information concerning deferred availability items received in incoming cash letters. This information will be of particular use to those institutions now utilizing the mixed cash letter program. Attached are samples of the new advices with descriptive information. Questions concerning these advices should be directed to Mr. John Weems of this Bank’s Payments Mechanism Department, (214) 651-6280. Additional copies of this circular will be furnished upon request to the Public Affairs Department, Extension 6289. Sincerely yours, William H. Wallace First Vice President Banks and others are encouraged to use the following incoming W A T S numbers in contacting this Bank: 1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the extension referred to above. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) CASH LETTER CREDIT ADVICE ADVICE OF AVAILABILITY OF CASH LETTERS RECEIVED BY FRB DALLAS PROCESS DATE: 1/31/83 REPORT: AREA: RCPC INCOMING ADVICE RESPONDENT COPY MAIL TO: 1119-0000-0 (1) FIRST NATIONAL BANK (2) ANYWHERE, TEXAS |- - - - - AVAILABILITY- - - - - - | |-VOLUMES-| SETTLEMENT REFERENCE (3) 1119-0000-0 1119-0000-0 SORT SUB SHIP (4) CITY MIX RCPC (12)TOTAL PROCESSED 1/31/83 (13) FROM (13) FROM 1. Report: 1/28/83 1/27/83 TOTAL C/L AMOUNT DEF (5) (6) 100,000.00 C 1,000.00 0 1/31/83 (7) 50,000.00 1,000.00 2/1/83 (8) 30,000.00 2/2/83 ITEMS PKG (9) (10) (11) 20,000.00 3,928 23 101,000.00 51,000.00 30,000.00 20,000.00 50,000.00 20,000.00 70,000.00 40,000.00 20,000.00 60,000.00 10,000.00 TOTAL 111,000.00 40,000.00 10,000.00 20,000.00 Type of advice or processing section (City, DCPC, RCPC) 2. Respondent: Name, Location, and Account Number of Depositing Institution 3. Settlement Reference: your correspondent) 4. Sort Sub Ship: Reserve account credited by Dallas office (Your institution or Class of Cash Letter (City, DCPC, RCPC, Mixed, Low Speed, etc.) 5. Cash Letter Amount: Amount of cash letter deposited 6. Def: Indicates deferment of cash letter (0 = immediate, 1 = 1 day, 2 = two day, C = computed) 7. Amount Available Immediately 8. Amount Deferred 1 Day 9. Amount Deferred 2 Days 10. Items - number of items in the cash letter 11. PKG - number of fine sort packages deposited 12. Breakdown of deferment for total items deposited 13. Total amounts due and available from previous day's receipts. CASH LETTER DEBIT ADVICE SETTLEMENT: 1119-1234-5 FIRST NATIONAL BANK BIG CITY TEXAS (1) 7777 | FRB DALLAS | RCPC ADVICE RESPONDENT: 1119-2345-6 SECOND NATIONAL BANK LITTLE CITY TEXAS (3) 8888 | MAIL: 1 (2) 123 W901 1 | C/L DATE: 11/17/82 I POSTED: 11/17/82 l __ CASH LETTERS REFERENCE RIA-0001 VOLUME TOTAL DEBIT 1,000.00 1,000.00 CREDIT (6) RESPONDENT COPY 1. Settlement: 2. Advice: Name, Location, Routing Number of Institution to be debited Processing Section (City, Country, Group , RCPC) 3. Respondent: Yourself (A correspondent copy will be furnished if charge is to be functional through another institution) 4. Date of Cash Letter 5. Posted: 6. Date transaction is to be debited to reserve account Amount to be debited to reserve account (Either yourself or correspondent) (Institutions that act as correspondents for settlement will also receive a correspondent summary report)
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