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FEDERAL R ESE R V E BANK OF DALLAS Station K, Dallas, Texas 7 5 2 2 2 C i r c u l a r No. 84-28 February 22, 1984 TO: All d e p o s i t o r y i n s t i t u t i o n s Reserve D i s t r i c t ATTENTION: O perat ions O f f i c e r SUBJECT: Currency and coin guidelines SUItlARY: The Federal Reserve Board has announced revised g u i d e l i n e s f o r t h e p r o v i s i o n o f new o r f i t c urre nc y and c o i n . The r e v i s i o n s w i l l be i n c o r p o r a t e d i n t o Federal Reserve Bank o f Dallas B u l l e t i n 5 - - Currency, Coin, and Food Coupons. ATTACHMENTS: B oar d' s p r e s s r e l e a s e MORE INFORMATION: Mary M. Rosas, (214) 651-6336 a t t he Head O f f i c e ; William L. Wilson, (915) 544-4730 a t t h e El Paso Branch; Luke E. R i c h ar d s, (713) 659-4433 a t t he Houston Branch; or Tony G. Va l en c ia , (512) 224-2141 a t t he San Antonio Branch ADDITIONAL COPIES: Pu bli c A f f a i r s Department, Extension 6289 in t he Eleventh Federal Banks and others are encouraged to use the follow ing incom ing W A T S numbers in contacting this Bank: 1-800-442-7140 (in trastate) and 1-800-527-9200 (interstate). For c alls 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) FEDERAL RESERVE press release * • For immediate r e l e a s e • February 9, 1984 The Federal Reserve Board has approved r e v i s e d g u i d e l i n e s f o r t h e p r o v i s i o n of new o r f i t coin and currency by Federal Reserve Banks t o d e p o s i t o r y institutions. The r e v i s e d g u i d e l i n e s c o n t a i n uniform packaging s t a n d a r d s f o r coin and c urre nc y f o r d e p o s i t i n g and o r d e r i n g c as h . They a l s o c l a r i f y t h e System' s p o l i c y with r ega rd t o a cc e ss t o Federal Reserve cash s e r v i c e s . Under t h e new g u i d e l i n e s , d e p o s i t o r y i n s t i t u t i o n s , i n c l u d i n g b r a nc h es , wi l l have acc ess t o cash s e r v i c e s so long as a d m i n i s t r a t i v e procedures and packaging requirements a r e met. These s t a n d a r d s wi l l e nsur e t h a t a l l Federal Reserve o f f i c e s provide a uniform l e v el o f c e n t r a l bank cash s e r v i c e s t o a l l d e p o s i t o r y i n s t i t u t i o n s on an e q u i t a b l e b a s i s . These s t a n d a r d s wi l l be phased in over t h e next t h r e e y e a r s t o minimize t h e i r impact on d e p o s i t o r y i n s t i t u t i o n s and Reserve Banks. The Board a l s o approved t h e e l i m i n a t i o n of cash t r a n s p o r t a t i o n p r i c e s u p po rt s f o r shipments of coin and currency t o Ala ska , Hawaii and Guam. - 0 -
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