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F E D E R A L R E S E R V E B A N K OF D A L L A S Station K, Dallas, T e x a s 7 5 2 2 2 Circular No. 84-79 July 6, 1984 TO: All depository institutions Reserve District ATTENTION: Operations Officer SUBJECT: Establishment of a Regional Check Processing Center (RCPC) in the El Paso territory SUMMARY: The Federal Reserve Bank of Dallas is pleased to announce that on August 1, 1984, a Regional Check Processing Center ikCPC) will be established for the entire area served by the El Paso Branch of the Dallas Fed. This center, one of many operated by the Federal Reserve System, is designed to substantially improve check processing services offered by the Bank to financial institutions. The RCPC will enable financial institutions to receive improved availability of funds in addition to overnight delivery of reserve account statements and ACH data generated by the El Paso Branch. Checks drawn on institutions with routing symbols 1122, 3122, 1123, 3123, 1103, and 3163 will be collected through the £1 Paso RCPC. iri the Eleventh Federal For institutions depositing unsorted items, the deposit deadline will be 12:01 a.m. for same-day credit. For those depositing fine sorted cash letters, the deposit deadline will be 2:30 a.m. for same-day credit. A premium unsorted deposit deadline of 12:30 a.m. also is being made available. Shipments destined for delivery to the El Paso RCPC may be delivered to the Dallas Office by 8:30 p.m. Monday through Thursday and by 7:00 p.m. Saturday for transshipment to El Paso at no additional charge to the depositing institution. El Paso RCPC items should be packaged separately and clearly labeled "El Paso RCPC." The items should be delivered to the Consolidated Shipment area of the Outgoing Mail 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) - 2 - Section at the Dallas Fed by the times indicated. RCPC cash letters deposited at Dallas for transshipment to El Paso should be listed on the TR-701X form as a consolidated shipment and should reflect a 2-Digit Class No. of 40. Consolidated shipments will be offered from the Houston and San Antonio Branches for one-day El Paso RCPC availability. The details of this consolidated service will be announced to direct sending institutions soon. The present special service option allowing items bearing routing number 1163 (Midland and Odessa areas) to be included in country, group sort, fine sort and offsite deposits at the Dallas office will be eliminated. All such items will be collected through the El Paso RCPC. ATTACHMENTS: Deposit deadlines and fees service MORE INFORMATION: Robert L. Whitman, (214) 698-4357 at the Head Office; Robert W. Schultz, (915) 544-4730 at the El Paso Branch; Vernon L. Bartee, (713) 659-4433 at the Houston Branch; or John A. Bullock, (512) 224-2141 at the San Antonio Branch. ADDITIONAL COPIES: Public Affairs Department, Extension 6289 associated with the new - 3 - RCPC Unsorted Regular Deposit Deadline 12:01 a.m. Per item Charge intra-District Depositor 3.0$ Inter-District Depositor 3.3$ ★ RCPC Unsorted Premium Deposit Deadline 12:30 a.m. Per Item Charge Intra-District 4.3$ Inter-District 4.5$ ★ In addition, there will be a $2.00 cash letter fee for Inter-District Depositors of both unsorted regular deposits and unsorted premium deposits. RCPC Fine Sorted Cash Letters Deposit Deadline Cash Letter Fee 2:30 a.m. $2.50 Per Item Charge Intra-District 1.2$ Inter-District 1.3$
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