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F ederal r eser ve Bank of Dallas
DALLAS, TE X A S

75222

Circular No. 83-22
February 7, 1983

ENHANCEMENTS IN NONCASH COLLECTION SERVICES
TO ALL DEPOSITORY INSTITUTIONS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
As a service to depository institutions, Federal Reserve Banks currently
accept for collection matured corporate and municipal coupons on a cash
processing basis. The concept of cash processing involves provisional payment on
an automatic preset time schedule.
The Eleventh District will begin including matured corporate and
municipal bonds in its cash processing procedure on February 15, 1983, as a step
toward improvement of noncash collection services.
Revision to this Bank’s
"Bulletin 9—Collection of Noncash Items" to incorporate these changes will be
distributed in the near future.
Questions regarding the contents of this circular should be directed to
Trudy White, (214) 651-6179 at the Head Office; Jerry Silvey, (915) 544-4730 at the
El Paso Branch; Jack Stone, (713) 659-4433 at the Houston Branch; or Herb Barbee,
(512) 224-2141 at the San Antonio Branch.
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 follow ing in coming WATS numbers in con tacting 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)