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F e d e r >kL R e s e r v e B a n k OF DALLAS TO N Y J . SALVA G G IO DALLAS, TEXAS 75222 F IR S T V IC E P R E S ID E N T A pr il 2, 1993 N o t i c e 93-39 TO: The C h i e f O p e r a t i n g O f f i c e r o f each f i n a n c i a l i n s t i t u t i o n in t h e El event h Fed er al Reserve D i s t r i c t SUBJECT Expanded Other Check T r a n s a c t i o n D e a d l i n e s f o r S e p a r a t e l y S o r t e d Cash L e t t e r s i n t h e E l e ve nt h D i s t r i c t DETAILS E f f e c t i v e J u l y 1, 1993, t h e F eder al Reserve Bank o f D a l l a s w i l l b egi n o f f e r i n g m u l t i p l e Ot her Check t r a n s a c t i o n d e a d l i n e s f o r s e p a r a t e l y s o r t e d cas h l e t t e r s . The new d e a d l i n e s a ppl y t o t h e f o l l o w i n g cas h l e t t e r t y p e s : U.S. T r e a s u r y Checks, U.S. Savings Bonds d e p o s i t e d u nder t h e EZ-Clear Program, P o s t a l Money O r d e r s , and checks drawn on l o c a l F eder al Reser ve Banks. There a r e no p e r - i t e m o r cash l e t t e r f e e s f o r t h i s s e r v i c e . The d e a d l i n e s f o r each o f f i c e t h a t w i l l p r o v i d e immediate a v a i l a b i l i t y a r e : OFFICE DEADLINE Dallas 12:01 a.m. 3: 00 p.m. El Paso 2:00 a.m. 2:00 p.m. 3: 00 p.m. Houston 1:00 a.m. 3: 00 p.m. San Antonio 12:01 a.m. 3 : 00 p.m. 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 Intrastale (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) - 2 - MORE INFORMATION The changes a r e being made in c o n j u n c t i o n w i t h t h e Syst em’ s new p r o c e d u r e s adop t ed as p a r t o f t h e payments system r i s k r e d u c t i o n program, announced in N o t i c e 92-103, d a t e d Oct ober 28, 1992. These p r o c e d u r e s a f f e c t t h e p o s t i n g o f d e b i t s and c r e d i t s t o d e p o s i t o r y i n s t i t u t i o n s ’ a c c o u n t s in o r d e r t o measure d a y l i g h t o v e r d r a f t s e f f e c t i v e l y . For a d d i t i o n a l i n f o r m a t i o n c o n c e r n i n g t h i s change o r o t h e r check r e l a t e d i s s u e s , p l e a s e c o n t a c t Robert Whitman, (214) 922-6602, a t t h e D a l l a s O f f i c e ; E l o i s e Guinn, (915) 521-8201, a t t h e El Paso O f f i c e ; Luke R i c h a r d s , (713) 652-1544, a t t h e Houston O f f i c e ; o r Herb Barbee, (210) 978-1402, a t t h e San Antonio O f f i c e . For a d d i t i o n a l c o p i e s o f t h i s Bank’ s n o t i c e , p l e a s e c o n t a c t t h e P u b l i c A f f a i r s Department a t (214) 922-5254. Sincerely,
@FedFRASER