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Federal Reserve Bank
OF DALLAS
TO N Y J . SA LVA G G IO

DALLAS, TEXAS 75222

F IR S T V IC E p r e s i d e n t

January 25, 1993
Notice 93-15
TO:

The Chief Operating Officer of
each financial institution in the
Eleventh Federal Reserve District
SUBJECT
New Payor Bank Service Available
in the Dallas, El Paso, Houston, and
S'an Antonio Territories
DETAILS

Effective March 1, 1993, all offices of the Eleventh District will
offer Account Post-Sorting services in conjunction with their current Payor
Bank Services. Account Post-Sorting services provide sorting of checks by
account number or statement cycle for the extended MICR or non-truncatable
portion of a financial institution’s cash letter. This service may also be
used by truncation customers requesting microfilm by account or detailed
microfiche. This new service will continue the advances made in the conver­
sion of paper-initiated payments to electronics. Each office in the Eleventh
District will charge a fee of two-tenths of a cent ($.002) per item/per pass.
MORE INFORMATION
For more information, please contact Terry Campbell, (214) 922-6603,
at the Dallas Office; Eloise Guinn, (915) 521-8201, at the El Paso Office;
Luke Richards, (713) 652-1544, at the Houston Office; or Herb Barbee, (210)
978-1402, at the San Antonio Office.
For additional copies of this Bank’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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