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Federal R eserve Bank OF DALLAS T O N Y J . SALVAGGIO F IR S T V IC E P R E S ID E N T August 31, 1992 DALLAS, TEXAS 75222 Notice 92-84 TO: The Chief Operating Officer of each financial institution in the Eleventh Federal Reserve District SUBJECT Implementation of C heck Truncation Service Enhancements DETAILS Beginning Thursday, October 1, 1992, the Federal Reserve Bank of Dallaswill implement new check truncation service enhancements in the El Paso Office. The service enhancements include microfilming and developing checks using c u s t o mer-supplied microfilm, providing m icrofiche containing check information by account in check number order, and safekeeping the checks for 90 days. Initially, the physical checks will be presented to the customer and then returned to the Fed to perform the service enhancements. Within the first ye a r using this service, customers will be expected to convert to the fulltruncation service, with no physical delivery of the checks. This improvement to our check truncation service will provide enhanced service for financial institutions currently involved with or planning to implement check truncation services for their customers. The service enhancements will be extended to all Eleventh District offices in 1993. MORE INFORMATION If you need further check-related issues, please Dallas Office; Eloise Guinn, Richards, (713) 652-1544, at 978-1402, at the San Antonio information concerning this change or other contact Terry Campbell, (214) 922-6603, at the (915) 521-8201, at the El Paso Office; Luke the Houston Office; or Herb Barbee, (512) Office. For additional copies of this B a n k ’s notice, please contact the Public Affairs Department at (214) 922-5254. Sincerely, 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 Intrastate (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)
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