Full text of District Notices (Federal Reserve Bank of Dallas) : [Federal Reserve Bank of Dallas Is Adding an RCPC Group Sort Deposit Option in the Dallas Office Territory Effective January 1, 1988], Circular No. 87-91A

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Federal R eserve Bank
OF DALLAS
ROBERT

L. W H I T M A N

a s s is t a n t v ic e

DALLAS, TEXAS 7 5 2 2 2

p re s id e n t

December 14, 1987

TO:

The Chief Operations O f f i c e r of
a l l f i n a n c i a l i n s t i t u t i o n s in the
Eleventh Federal Reserve D i s t r i c t

As you may know, the Federal Reserve Bank of Dallas i s adding an
RCPC group s o r t d e p o s i t op tio n in th e Dallas o f f i c e t e r r i t o r y on January 1,
1988. The new group s o r t , d e sc ri be d in C i r c u l a r 87-85 dated December 1, 1987,
w i l l have a 3:30 a.m. d e p o s i t d e a d l in e and w ill inc lu de 109 f i n a n c i a l
i n s t i t u t i o n s . Eleventh D i s t r i c t d e p o s i t o r s w il l be a s s e s s e d a per item fee of
2.5 ce nt s and a cash l e t t e r f e e of $1.00.
I n s t i t u t i o n s i n t e n d in g to use th e s e r v i c e should la be l t h e i r cash
l e t t e r shipment with green "RCPC GROUP SORT" s t i c k e r s a v a i l a b l e , f r e e of
char ge, from Ms. C h ar ity C o ll in s a t (214) 651-6253. Also, th e words "RCPC
GROUP SORT" should be p r i n t e d in bold l e t t e r s on the top o f a green RC-9 cash
l e t t e r t i c k e t c u r r e n t l y used with u ns ort ed RCPC cash l e t t e r s .
In co n ju n c ti o n with the i n t r o d u c t i o n of th e
extending the f i n e s o r t d e a d l in e to 5:00 a.m. f o r the
group. I n s t i t u t i o n s d e p o s i t i n g f i n e s o r t packages a t
5:00 a.m. d e a d l in e s must submit s e p a r a t e recap s h e e t s
There w ill be no change in the f i n e s o r t f e e s .

group s o r t , we are a l s o
109 i n s t i t u t i o n s in the
both the 4:00 a.m. and
f o r each d e a d l i n e .

Thank you f o r your time and c o op er at io n concerning t h i s m a t t e r .
Sincerely yours,

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