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F e d e r a l R e ser ve Ba DALLAS. T EXA S n k o f D a lla s 75222 Circular No. 72-291 December 22, 1972 To All Banks and Others Concerned in the Eleventh Federal Reserve District: • Enclosed is a revised copy of Supplement A to Bulletin 10, "Closing Hours for Cash Items." As you will note, changed havo boon rwuio in tha cloulng bourn for checks drawn on the Treasurer of the United States, Postal Money Orders, and Deferred Credit Items. The old Supplement A to Bulletin 10, effective November 1, 1971, should be removed from your binder and destroyed. Yours very truly, p, 'i Uoitiwoxx H. President Enclosure This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) FEDERAL RESERVE BANK OF DALLAS BULLETIN 10 Supplement A CLOSING HOURS FOR CASH ITEMS IMMEDIATE CREDIT ITEMS Banking days (Monday through Friday) Closing hour Items draw n on local banks bearing the immediate credit routing symbol* 9:00 a.m. Fort W orth bank drafts on Continental National Bank, First National Bank, and Fort W orth National Bank 10:30 a.m. (Dallas only) Redeemed United States Departm ent of Agriculture food stamp coupons Drafts on Commodity Credit Corporation payable through this bank [accept able for immediate credit only at office through which payable) 2:00 p.m. Cashier’s checks and expense checks of other Federal Reserve banks [only w hen deposited in separate cash letters) subject to final paym ent after receipt at the issuing Federal Reserve office Postal money orders Checks draw n on the Treasurer of the United States 2:00 p.m. (El Paso) 3:00 p.m. (other offices) Cashier’s checks and expense checks of this bank subject to final payment after receipt at our issuing office 2:30 p.m. Drafts on this bank subject to inspection and verification of signatures after receipt at office on which draw n before paym ent is final DEFERRED CREDIT ITEMS Banking days (Monday through Friday) Closing hour Regular items 12:00 Noon Com puter processed items 1:30 p.m. Items $500 and over MICR encoded as to routing symbol, transit num ber and am ount 2:00 p.m. (El Paso) 2:30 p.m. (other offices) Computer processed items specially prepared for direct introduction to high-speed check-handling equipment (contact our Dallas office for specific details) 2:30 p.m. (Dallas only) *For H ouston office, this includes all banks in H arris County. FEDERAL RESERVE BANK OF DALLAS BULLETIN 10 Saturdays* Closing hour Regular items 11:00 a.m. Computer processed items 12:00 Noon (All offices except Houston) UNSORTED CASH LETTERS Banking days (Monday through Friday) Closing hour Unsorted cash letters w ith amount-encoded items, w ith daily average of 2,000 items or less, as provided in 3.10 of Bulletin 10 9:00 a.m. Unsorted cash letters w ith daily average of 300 items or less, as provided in 3.05 of Bulletin 10 12:00 Noon *Except Saturdays w hich 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 th at no items will be processed.
