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federal R eserve Ban k o f Dallas DALLAS, TEX A S 75222 C i r c u l a r No. 77-42 M a rc h 29, 1977 RE V IS IO N OF B U L L E T IN S 8, 10, A N D 13 T O A L L BANKS IN THE E LE V E N TH FE DE RAL RESERVE D IS T R IC T : Enclosed is an adden dum to B u lle tin 8, e n title d "C o lle ctio n of Cash Ite m s ," and r e v is e d pages to B u lle tin 10, e n title d " T im e Schedules and O th e r I n form ation C o n c e rn in g Cash Ite m s ," and B u lle tin 13, e n title d "C olle ction of Cash Items T h r o u g h the Regional C h e c k Processing C e n t e r s ." Effective A p r i l 1, 1977, B u lle tin 8, section 7 , p a r a g r a p h 7 . 2 0 , is b e in g r e v is e d to in c re a se the maximum n u m b e r of cash items that can be deposited w ith this Bank in u n s orte d deposits from 2 ,0 0 0 to 5 ,0 0 0 item s. C r e d i t a v a i l a b i l i t y for these items w i ll be based on c u r r e n t a v a ila b ilit y s c h e d u le s . Section 10 has been re v is e d b y a d d in g p a r a g r a p h 1 0 .3 5 c o n c e rn in g a special a i r p o r t consolidation p ro g ra m the F e d era l R e s e rv e System has deve lo p e d fo r member banks located in a n o n -F e d e r a l R e s e rv e c ity ( r e f e r to o u r C i r c u l a r No. 7 7 - 6 , dated J a n u a r y 6, 1977) . B u lle tin 10 and S u p p lem e n t A and B u lle tin 13 and Supplem ents A , B, and C ha ve been r e v is e d to re fle c t the changes c o n c e rn in g u n s o rte d deposits. S u p p lem e n t A to B u lle tin 10 has also been re v is e d to r e fle c t the c u r r e n t closing hours for cash items. M e m b e r ba nks and o thers should in s e r t the enclosed pages in the p r o p e r b u lle tin s and the c o r re s p o n d in g pages should be removed and d e s tr o y e d . If you ha ve a ny questions o r comments c o n ce rn in g these r e v is io n s , please con tact J . A . C l y m e r , A s s is ta n t V ic e P r e s id e n t, E x t. 6337, o r the a p p r o p r ia t e B ra n ch o ffic e r h a v in g r e s p o n s ib ilit y o v e r the check collection fu n c tio n . A d d i tional copies of the r e v is e d pages of B u lle tin s 8, 10, and 13 w i ll be fu r n is h e d upon re q u es t to the S e c r e ta r y 's O ffice of this B a n k , E x t. 6267. S in c e r e ly y o u r s , R o b e rt H . B o y k in F i r s t V ic e P re s id e n t E nclosures Banks and others are encouraged to use the fo llo w in g to ll-fr e e incoming WATS numbers in contacting this Bank: 1-80 0 -49 2 -4 40 3 (intra s ta te ) and 1 -8 0 0 -5 2 7 -4 9 7 0 (in te rs ta te ). For c a lls placed lo c a lly , 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) A D D E N D U M T O B U L L E T IN 8 COLLECTION OF CASH ITEMS Effective A pril 1, 1977, paragraph 7.20 is am ended as follow s: Effective A pril 1, 1977, Section 10 is am ended by adding paragraph 10.35 as follows: 7.20 M ix ed C ash Letters 10.35 A irport C o n so lid a tio n Program A m em ber bank that ha s for c o llectio n a daily average of not more than 5,000 im m ediate-credit and deferred-credit item s (excluding fo o d c o u pons) payable o utside of the city or to w n in w h ic h such bank is lo c a te d m ay be perm itted, upon application, to sen d such item s to us either unsorted in one cash letter or, by arrangement, in one unsorted cash letter and o ne or more cash letters separately sorted b y categories of item s: Provided, That the ite m s se n t to u s by such bank on any one day shall in clu d e all such item s p r o c e sse d by it on that day. Credit for item s so se n t w ill be giv e n in accordance w ith arrangem ents m ade w ith us ba sed upon av ail ability sch ed u les, am ount of item s, and time of receipt o f cash letters. A specia l airport c o n so lid a tio n program has b een d e v e lo p e d b y the Federal R eserve S y ste m for m em ber banks in non-Federal R eserve cities. M em ber b anks h a v in g direct sen d in g authority desiring to in vestig ate the u se of this program m ust m ake inquiry through their local R eserve office in order to determ ine probable dispatch time, airport co n solid a tion poin t and tim e, and r eceiv e A p p lica tio n Forms I and II. In addition, the m em ber b an ks m ust be w illin g to pay the transportation co st to the d esignated airport plus a c o n solid ation cost. Each participating bank w ill be resp o n sib le for the proper tagging and bagging o f each container and the tim ely d elivery o f appropriate accounting a d v ic e s and dollar classification data to the servicing R eserve office. BULLETIN 10 Time Schedules and Other Information Concerning Cash Items FEDERAL RESERVE BANK OF DALLAS SCOPE T his b u lletin s e ts out certain rules under w h ic h credit for ca sh item s se n t by m em ber banks to us for c o lle c tio n w ill b e m ade available in the reserve a c cou n ts o f the sending m em ber banks. It also conta in s sev eral rules w ith resp ect to the sorting and preparation o f ca sh le tte r s se n t to this bank. Supp lem en t A to this bulletin conta in s the current closing hours for variou s categories o f cash item s. This bulletin, along w ith R egulation J and certain other b ulletins o f this bank, con stitu tes a portion of the contract under w h ic h cash item s are h and led for collection by this Bank. TABLE OF CONTENTS S e c tio n 1, DEFINITIONS 1.00 1.05 1.10 1.15 1.20 1.25 1.30 A v a ila b le and availability D ay o f d ispatch D a y o f receipt D irect sen d in g Im m ediate and deferred credit item s T ransfer drafts O ther referen ces S e c tio n 2, IM M EDIATE A N D DEFERRED AVAILABILITY 2.00 2.05 2.10 2.15 2.20 Im m ediate credit D eferred credit, availability com putation D e fe r m e n t o f o ne banking day Calendar day d eferm ent Transfer drafts 2.25 D eferm en t of tw o banking days 2.30 Conflicting h o lid a y sc h e d u le s 2.35 A v a ila b ility on n onbank in g day 2.40 A v a ila b ility table S ectio n 3, C A S H LETTERS 3.00 3.05 Sorting U n sorted cash letters, 5,000 item s daily average 3.10 D escription 3.15 Dating, identification and c o n ten ts 3.20 T ransfer drafts 3.25 End p o in t sort requirem ent S u p p lem en t A , CLOSING H O U R S FOR C A SH ITEM S BULLETIN 10 FEDERAL RESERVE BANK OF DALLAS 3.15 D ating, identification , and c o n ten ts 3.05 U n sorted ca sh letters, 5,000 item s d aily average Each cash letter and tape listing sh o u ld be dated and identified w ith th e nam e and A B A num ber (if any) o f the sender. It w o u ld b e h elp fu l if no m ore than 500 ite m s are liste d on each m achine tape and no m ore than 6 su ch ta p es are in clu d ed in one cash letter. A m em ber bank that has for co lle c tio n a daily average o f not m ore than 5,000 im m ediate-credit and deferred-credit item s (excluding fo o d c o u pons) paya b le ou tsid e of the city or to w n in w h ic h su ch bank is located m a y be perm itted, u p on application, to sen d su ch item s to u s either unsorted in one cash letter or, by arrangement, in one unsorted cash letter and one or m ore cash letters separately sorted by categories of item s: P r o v id e d , That the item s se n t to u s by su ch bank on any one day shall include all such item s p r o c e sse d b y it on that day. Credit for item s so se n t w ill be given in accordance w ith arrange m ents m ade w ith us b a se d u pon availability sc h ed u les, am ount o f item s, and time o f receipt o f cash letters. 3.20 T ran sfer drafts T ransfer drafts sh o u ld b e se n t in separate cash letters clearly m arked “transfer drafts.” For di rect se n d in g o f transfer drafts, the a d v ice to this Bank sh o u ld lik e w is e be separate and clearly m arked “transfer d rafts.” (See 2.20 o f this bul letin for an alternative to the u s e o f transfer drafts.) 3.10 D escrip tio n 3.25 E n d-p oint sort requirem ent C ash item s m a y be d e p o site d w ith this and other Federal R e se r v e Banks w ith o u t descrip tion e x cept for listing by in d ividual am ounts; h o w e v e r , each sen d er should m aintain adequate records to enable it to id e n tify its depositors or other endorsers in the e v e n t any su ch item s are lost, destroyed, or oth e r w ise u n co llectib le and nonreturnable. A sender lo c a te d in a city, tow n , m etropolitan or sim ilar area is strongly urged to e x ch a n ge directly ca sh item s p ayab le at b anks also lo c a te d in that area. W e reserve the right to require that a sender lo c a te d in su c h an area m u st sort, list, and package su ch ite m s according to the office o f the p ay in g bank at w h ic h su c h ite m s are payable. 3 4-1-77 FEDERAL RESERVE BANK OF DALLAS BULLETIN 10 Supplement A CLOSING HOURS FOR CASH ITEMS IMMEDIATE CREDIT ITEMS Banking d a ys (M onday through Friday) C losin g Hour Items drawn on local banks bearing the im m ed iate credit routing symbol* 9:00 a.m. 9:15 a.m. (El Paso only) 9:30 a.m. (San A n to n io only) Fort W orth bank drafts on C ontinental N a tional Bank, First N atio n al Bank, 10:30 a.m. and Fort W orth N a tional Bank_____________________________________________________ (Dallas only) R e d e e m e d U nited S tates D epartm ent o f A griculture fo o d stam p coup on s Drafts on C om m od ity Credit Corporation paya b le through this B ank (accept able for im m ed ia te credit on ly at office through w h ic h payable) 2:00 p.m. C ashier’s ch e c k s and e x p e n s e ch eck s o f other Federal R eserve Banks (only w h e n d ep o sited in separate cash letters) subject to final p a y m en t after receipt at the issu in g Federal R eserve office P ostal m o n e y orders 2:00 p.m. (El Paso only) 3:00 p.m. (other offices) C hecks draw n on the U n ited S tates Treasury C ash ier’s ch e c k s and e x p e n se ch e c k s o f this Bank su bject to final p a y m en t after receip t at our issu in g office D rafts on this Bank subject to in sp e c tio n and verification o f signatures after receipt at office on w h ic h draw n before p a ym en t is final E leventh District Louisiana end-point sorted item s (items bearing routing sym b o l 1111 — contact Dallas Office for specific details) 2:30 p.m. 12:01 a.m. M onday-Friday (Dallas only) DEFERRED CREDIT ITEMS Banking d a y s (M onday through Friday) C losing Hour Regular item s 12:00 N o o n Com puter p r o c e sse d item s 1:30 p.m. 8:00 p.m. Sunday-T hursday (San A n to n io only) Item s $500 and over 2:00 p.m. (El Paso only) 2:30 p.m. (Dallas & H ouston) 8:00 p.m. S unday-T hursday (San A n to n io only) ‘ For H o u sto n office, this in c lu d e s all b an k s in H arris County. A -l 4-1-77 FEDERAL RESERVE BANK OF DALLAS BULLETIN 10 N o n m a ch in ea b le item s (deferred o ne additional b u sin e ss day up to a m axi7:00 a.m. m um of tw o b u sin e ss days]___________________________________ _______________________________ C om puter p r o c e sse d item s sp ecia lly prepared for direct introduction into h ig h -sp eed ch eck-handling eq uipm ent (contact D allas office for specific d e tails) 2:30 p.m. (Dallas only) Banking d a ys (M onday through Friday) C losing Hour Group sorted item s sp ecia lly prepared for direct introduction to high-speed ch eck-hand ling equipm ent (contact D allas office for specific details) 5:00 p.m. Sunday (Dallas only) 8:00 p.m. M onday-T hursday (Dallas only) E nd-point sorted item s (see S ectio n 3.25 of Bulletin 10 for Requirements) 2:00 p.m. (El Paso only) 2:30 p.m. (other offices) Item s paya b le in other Federal R eserve Bank territories 12:00 N o o n (H ouston and San A n to n io only) Saturday* (El Paso Branch only) Regular item s 11:00 a.m. C om puter p r o c e sse d item s 12:00 N o o n UNSORTED CASH LETTERS B anking d a y s (M onday through Friday) U nsorted cash letters w ith a m o u n t-en co d ed item s, w ith daily average of 5,000 item s or less, as provided in 3.05 of Bulletin 10 C losing H our 9:00 a.m. (Dallas & H o u sto n only) 9:15 a.m. (El Paso only) 9:30 a.m. (San A n to n io only) ‘ Except Saturdays which fall on the holidays listed in A-1.00 of Supplem ent A to Bulletin 1, and Saturdays as to w hich we have sent advance notification that no items will be processed. BULLETIN 13 FEDERAL RESERVE BANK OF DALLAS TABLE OF CONTENTS S e c tio n 1, GENERAL 1.00 C ollection contract 1.05 A uth ority S e c tio n 2, DEFIN ITIO N S A N D REFERENCES 2.00 D efinitions, referen ces to R egulation J 2.05 R eferen ce to Bulletin 1 2.10 2.15 R eferen ce to Bulletins 8 ,1 1 , and 12 U se o f term “R egional Check P rocessing C enter” (RCPC) S ectio n 3, C A S H ITEM S TO BE H AN D LED 3.00 R equirem ents for handling by RCPCs 3.05 U nsorted cash item s, 5,000 item s daily average 3.10 Cash item s re c e iv e d from a C orrespon dent Bank 3.15 Cash item s re c e iv e d at Relay Stations 3.20 E nd-point sort requirem ent S e c tio n 4, PA Y M E N T FOR C A SH LETTERS 4.00 T im e of p a ym ent 2.20 U s e o f term “Participating B ank” 4.05 Form s to be u se d 2.25 U s e o f term “C orrespondent B an k ” 4.10 Effects of n e w agreem ents 2.30 U se o f term “Relay S ta tio n ” 4.15 Term ination of agreem ents S ectio n 5, RETURN ITEMS BULLETIN 13 FEDERAL RESERVE BANK OF DALLAS Section 1, GENERAL This bulletin is directed to the appropriate m e m ber and n on m em b er banks of the E leventh F ed eral R eserve D istrict and others concerned: 1.00 C ollection contract R egulation } and this bulletin prescribe the term s and cond ition s u p on w h ic h w e w ill handle cash item s for co lle c tio n at R egional C heck P rocessing Centers. 1.05 A u th ority This bulletin is is su e d pursuant to the p rov isio n s of se c tio n s 4, 13, 14(e), and 16 of the Federal R eserve A c t and the related statutes and in c o n fo rm ity w ith the p ro v isio n s of related statutes and Regulation J. Section 2, DEFINITIONS AND REFERENCES 2.00 D efin ition s, r e feren ces to R egulation J A ll term s defined in R egulation } and u se d herein h a v e the m eanings stated in that regulation. 2.05 R eferen ce to B ulletin 1 S everal definitions, rules of construction, and other p ro v isio n s applicable to this bulletin are fou n d in our B ulletin 1, G eneral P rovisions, and are incorporated herein by reference. 2.10 R eferen ce to B u lletin s 8, 11, and 12 Except as m a y o th e r w ise be specifically pro v id ed in this bulletin, all p ro v isio n s of our Bul letins 8, 11, and 12 shall be applicable to cash item s sent to R egional C heck P r o cessin g Centers. 2.15 U se o f term “R egion al C heck P ro cessin g C enter” (RCPC) The term “Regional C heck P rocessin g C enter” (RCPC) m ea n s the location o f a facility operated by or u nder contract w ith the Federal R eserve Bank o f D allas or its Branches for the receipt and handling, pursuant to the p r o v isio n s o f this b u l letin, o f cash item s to be p resen ted or forw arded for c o llectio n to any Participating Bank. 2.20 U se o f term “P articipating B ank” The term “Participating B ank” refers to any m em ber or n on m em b er b a n k s h o w n in the cur rent su p p lem en ts to this bulletin. 2.25 U se o f term “C orresponden t B ank” A “ C orrespondent B ank” in this b u lletin m eans a m em ber bank that a Participating Bank m ay d esignate b y agreem ent for p u rposes o f any se t tlem ent n e c e ssita te d b y the Participating B ank’s u se o f the RCPCs. 2.30 U se o f term “R elay S ta tio n ” The term “R elay S ta tio n ” m ean s any lo c a tio n d e s ignated b y this Bank for the receipt of cash item s se n t thereto, b y any Participating Bank w ith per m issio n o f this Bank, for transport to an RCPC and su b se q u e n t h andling pursuant to th e pro vi sio n s o f this bulletin. Section 3, CASH ITEMS TO BE HANDLED 3.00 R eq uirem ents fo r h an d lin g b y RCPCs RCPCs w ill handle as cash item s all item s w h ic h fulfill the b e lo w requirem ents and w h ic h are to be p resen ted to a Participating Bank from a n y F ed eral R eserv e Bank, from a n y m em ber b a n k of another Federal R eserve D istrict for acco u n t of su ch other Federal R eserv e Bank, from any m e m ber bank o f this District, from a Participating Bank, or from a C orrespondent Bank. E xcept as oth e r w ise p rov id ed b y this bulletin, all item s se n t for handling to RCPCs m u st m e e t the requirem ents, o f se c tio n 3 in our Bulletin 8 and m ust also: (1) Be preprinted or p o st-e n c o d e d w ith the rout ing sym b o l and suffix o f the transit num ber of the payin g bank in m agnetic ink in E-13B typ e in the m anner p rescribed and at the location a s signed b y the A BA ; (2) Be a m ou n t-en co d ed in the m an ner prescribed, and at the lo c a tio n a ssig n e d by the ABA; (3) Be separately sorted in separate cash letters of G overnm ent checks, postal m o n e y orders, fo o d stam p coupons, and item s draw n on a Par ticipating B a n k ; a n d (4) Be properly end o rsed as set forth in se c tio n 5 o f our Bulletin 8. BULLETIN 13 FEDERAL RESERVE BANK OF DALLAS 3.05 U n sorted ca sh item s, 5,000 item s d aily average A n y m em ber bank that ha s for co lle c tio n a daily average of n o t m ore than 5,000 a m ou nt-en cod ed item s d raw n on Participating Banks and item s w h ic h originate from o u tsid e the RCPC area and w h ic h are payable ou tsid e the city or to w n in w h ic h su ch bank is located, m ay, u pon applica tion, be p erm itted to se n d all th ose item s to this Bank un sorted in one cash letter. Credit for item s so sent, w h e n r e c e iv e d in time for p resen tm ent on the day of receipt of all item s draw n on Par ticipating Banks in clu d ed w ith su ch cash letter, w ill b e g iv e n o ne b u sin e ss day after receipt. 3.10 C ash ite m s r e c e iv e d from a C orrespondent Bank the day o f p resen tm en t by a debit to a m em ber b a n k ’s reserve account. Each cash letter w ill be deb ited in full w ith su b seq u en t adjustm ents for return item s and errors. 4.05 Form s to b e u sed The fo llo w in g form s w ill be e x e c u te d b y Partici pating Banks for p a ym en t of cash letters: (1) A n A u to m a tic Charge A utho riza tion c o v e r ing autom atic charges to a m em ber b a n k ’s re serve accou n t for item s presen ted to it. (2) A n A u tom atic Charge A uthorization to be e x e cu ted by a m em ber or n on m em b er bank d e s ignating the reserve acco u n t of another b ank to be charged for p ay m en t of item s draw n on the former. A n y m em ber bank authorizing u s e o f its reserve a c co u n t in this m anner shall be d eem ed to design ate the bank e x e c u tin g the agreem ent its agent to sen d cash item s to the clearing center and to r eceiv e return item s. W ith re sp e c t to any ca sh item r e c e iv e d from a C orrespondent Bank u nder the term s o f this b u l letin, d ie relationship s, rights, w arranties, and liabilities e x istin g b e t w e e n the C orrespondent Bank and this Bank w ill be d e e m e d to be the sam e, and the p ro v isio n s of R egulation J and this B ank’s bu lletin s shall apply, as though the Cor resp o n d en t Bank h ad e n d o rsed su ch item s and se n t them to the RCPC fo r its o w n account. (3) A Letter o f A uthority to D eliver Cash Letters to a P rocessin g Center to be u sed in conjunction w ith either of the p re v io u sly nam ed tw o agree m ents. 3.15 C ash ite m s r e c e iv e d at R elay S ta tio n s 4.10 E ffects o f n e w agreem ents W ith the perm issio n o f this Bank, cash item s m a y b e se n t to R elay Stations, and w h e n received there, shall be d eem ed to h a v e b e e n r eceiv ed at the appropriate RCPC. A n ex e c u te d form of A uto m atic Charge A u th o ri z a tion or a Letter o f A uthority to D eliv er Cash Letters to a P rocessin g Center shall effectively su p ersed e and rescind all previo u s agreem ents of the sam e typ e and all previo u s agreem ents and authorizations co n cerning or related to the u se of the autom atic p a ym en t plan w ith regard to cash letters h a ndled b y an RCPC. 3.20 E n d-poin t sort requirem ent A sender lo ca ted in a city, tow n, m etropolitan or sim ilar area is strongly urged to e x ch a n g e directly cash item s paya b le at b anks also lo ca ted in that area. W e reserve the right to require that a sen d er lo c a te d in such an area m ust sort, list, and package su ch item s according to the office o f the paying bank at w h ic h su ch item s are payable. Section 4, PAYMENT FOR CASH LETTERS 4.00 T im e o f pa y m en t P ay m en t for each cash letter w ill b e effected on 4.15 T erm ination o f agreem ents A n y party to a Letter of A uthority to D eliver Cash Letters to a P r o cessin g Center m a y at any time give w ritten n otice o f term ination to the other parties. N o tic e of term ination by this Bank w ill term inate the agreem ent as o f the tim e stated in the notice. N o tic e o f term ination by any other party w ill term inate the agreem ent upon the later time o f receipt of the notice by this Bank or the tim e stated in the notice. Term ination shall not affect this B an k ’s rights to m ake all account BULLETIN 13 FEDERAL RESERVE BANK OF DALLAS SUPPLEMENT A N O R TH T E X A S REGIONAL CHECK P RO C ESSING CENTER Tim e S ch ed u le For Credit o f C ash Item s P resented T hrough The N orth T ex as RCPC Credit w ill be g iv e n by this Bank for cash item s eligible for handling h ereunder w h e n re c e iv e d at the R egional C heck P r o cessin g Center in a separate cash letter b y the c lo sin g hours indicated b e lo w : IM M EDIATE CREDIT C losin g H our From Participating Banks, Federal R eserve Banks, and from senders other than Participating Banks M o n d ay - Friday (if not a holiday) RCPC Items 12:01 a.m. End-point sorted item s 12:01 a.m. *Checks draw n on the U n ited States Treasury, Postal M o n e y Orders, and red e e m e d U nited S tates D epartm ent of Agriculture fo o d stam ps. 12:01 a.m. DEFERRED CREDIT (One b u s in e s s d ay after receipt) 12:01 a.m. M ixed cash letters from any m em ber bank that has for co lle c tio n a daily average of not m ore than 5,000 a m ou n t-en cod ed item s. 7:00 a.m. N o n m a ch in ea b le item s C ontact the D allas office for a current list o f its RCPC Participating Banks. ‘ This applies to nonmember Participating Banks. Member banks may deposit these items, Monday through Friday, as set out in our Bulletin 10. A -l 4-1-77 BULLETIN 13 FEDERAL RESERVE BANK OF DALLAS SUPPLEMENT B GULF C O A ST REGIONAL CHECK PRO C ESSING CENTER T im e S ch ed u le For Credit o f Cash Item s P resented Through The Gulf Coast RCPC Credit w ill be given by this Bank for cash item s eligible for handling hereunder w h e n r e c e iv e d at the R egional C heck P rocessin g C enter in a separate cash letter by the closing hours indicated b e lo w : IM M EDIATE CREDIT C losing H our From Participating Banks, Federal R eserve Banks, and from senders other than Participating Banks M onday - Friday (if not a holiday) 12:01 a.m. RCPC Item s 12:01 a.m. E nd-point sorted item s *Checks draw n on the U nited S tates Treasury, P o stal M o n e y Orders, and red eem ed U n ited S tates D epartm ent o f Agriculture f o o d stam ps. 12:01 a.m. DEFERRED CREDIT (One b u sin e ss d ay after receipt) M ix e d cash letters from any m em ber hank that has for collection a daily average o f n o t m ore than 5,000 am ou n t-en cod ed items. 12:01 a.m. N o n m a ch in ea b le item s 7:00 a.m. A ll banks a ssig n ed 1131 routing sy m b ol are Participating Banks in the Gulf Coast RCPC. *This applies to nonmember Participating Banks. Member banks may deposit these items, Monday through Friday, as set out in our Bulletin 10. B -l 4-1-77 BULLETIN 13 FEDERAL RESERVE BANK OF DALLAS SUPPLEMENT C S O U T H T E X A S REGIONAL CHECK PROCESSING CENTER Tim e S ch ed u le For Credit of Cash Item s P resented Through T he Sou th T exas RCPC Credit w ill b e giv en b y this Bank for cash item s eligible for handling h ereun der w h e n r eceiv ed at the R egional C heck P r o cessin g Center in a separate cash letter b y the closin g hours in d icated b elow : IM M EDIATE CREDIT C losin g H our From Participating Banks, Federal R eserve Banks, and from senders other than Participating Banks M o nday - Friday (if not a holiday) RCPC Item s 12:01 a.m. End-point sorted item s 12:01 a.m. *Checks d raw n on the U n ited States Treasury, P ostal M o n e y Orders, and red e e m e d U n ited States D epartm ent o f Agriculture f o o d stam ps. 12:01 a.m. DEFERRED CREDIT (One b u sin e ss day after receipt) M ix ed cash letters from an y m em ber bank that has for co llectio n a daily average o f not m ore than 5,000 am ou n t-en co d ed item s. 12:01 a.m. N o n m a c h in e a b le item s 7:00 a.m. Contact the San A n ton io office for a current list of its RCPC Participating Banks. *This applies to nonm em ber Participating Banks. M ember banks may deposit these items, Monday through Friday, as set out in our Bulletin 10. C -l 4- 1-77
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