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FE D E R A L R E S E R V E B A N K O F D A L L A S
Station K, Dallas, Texas 7 5 2 2 2

Circular No. 84-112
November 27, 1984

TO:

All depository
Reserve District

institutions

in the Eleventh Federal

ATTENTION:

Operations Officer/Reserve Account Manager

SUBJECT:

New Federal Reserve
Deposit Schedule

DETAILS:

The Federal Reserve System will
implement uniform
pricing
policies
for
ACH
deposits
beginning
December 17, 1984.
The new uniform deposit schedule
will apply to all originators of ACH files.

Automated

Clearinghouse

(ACH)

This new schedule is a result of the Federal Reserve's
ongoing efforts to enhance its ACH services. Also it
is responsive to the need expressed by depository
institutions that ACH deposit deadlines be uniform
nationwide. The schedule also offers institutions
desiring to deposit files presorted by receiving
Federal Reserve office later deposit times
that
reflect the preprocessed work they originate.
Features of the new schedule include extending the
interregional closing time to 11:00 p.m.
(Eastern
time)
for
mixed
files and to 12:00 a.m.
for
consolidated presort
files deposited at the
local
Federal Reserve office.
In addition, the night cycle
closing time for files that contain intraregional
items only and interregional presort deposits that are
sent directly by an originator to the receiving
Federal Reserve office is 1:30 a.m. Also, the day
cycle interregional closing time will be extended to
10:30 a.m. for mixed files and to 11:30 a.m. for
consolidated presort files deposited at the
local
Federal Reserve office.
The day cycle closing time
for files that contain
intraregional
only
and
interregional presort deposits that are sent directly
by the originator to the receiving Federal Reserve
office also has been extended to 1:00 p.m.

Banks and others are encouraged to use the following incoming WATS 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)

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2

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ATTACHMENTS:

New ACH schedule

MORE INFORMATION:

Jonnie K. Miller,
Extension 6403

ADDITIONAL COPIES:

Public Affairs Department, Extension 6289

Extension

6290 or B.B
. Sessions,

FEDERAL RESERVE SYSTEM
ACH DEPOSIT SCHEDULE
EFFECTIVE DECEMBER 17, 1984

CLOSING TIMESl
Files Without Remakes
Day Cycle
Night Cycle

With Remake
Earlier Deposit
By X Hours^

INTERREGIONAL:
10:30 a.m.

Mixed

11:00 p.m.

2.5

11:30 a.m.

12:00 a.m.

3.0

Presort
*

Consolidated

*

Direct

1:00 p.m.

1:30 a.m.

2.5

INTRAREGIONAL

1:00 p.m.

1.30 a.m.

2.5

Closing times represent the end of the deposit window. Originated
files must be completely received (e.g., data transmissions fully concluded)
by the closing time. Originating points using data transmission, especially
those having large and/or variable volumes of deposits, should coordinate the
beginning of their transmission within the window to insure completion by the
closing time. These closing times apply uniformly to all Federal Reserve
offices that process commercial ACH.
All times are Eastern time.
2

Originators wishing an opportunity to resubmit files that fail ACH
edits should meet an earlier closing time than that published for files
without remakes by the indicated number of hours.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102