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federal

R e se r v e Ba n k

DALLAS, TEXA S

of

Dallas

75222

C irc u la r No. 79-55
March 22, 1979

VETERANS A D M IN ISTR A TIO N EFT SALARY PAYMENTS
Procedural Update

TO TH E FIN A N C IA L ORGANIZATION ADDRESSED
IN THE ELEVENTH FEDERAL RESERVE D IS T R IC T:
For yo u r inform ation, th e re is p rin te d on the re v e rs e the Veterans
A d m inistration ( V . A . ) Salaries d ire c t deposit program update. T h e fir s t
V . A . sa la ry payments w ill be received b y yo u r financial organization on
A p ril 4, 1979, w ith a settlem ent date o f A p ril 5. These fir s t entries w ill be
prenotes o n ly .
V . A . sa la ry payments w ill be paid b iw e ekly on T u esd ays. However
if the scheduled payday is a h o lid a y , the paym ent w ill be dated the previous
M onday. Payments w ill be d e liv e re d to y o u r financial organization o r p ro ­
cessing center by the business day p r io r to the payment date. Funds w ill be
cre d ited on the paym ent date.
If you have any questions, please contact Don Jackson a t this B ank,
E x t. 6123; H en ry Juenke at the San Antonio B ran ch , (512) 224-2141; John
Bullock a t the Houston B ran ch , (713) 659-4433; o r L a rry Wilson at the El Paso
B ra n c h , (915) 544-4730.
S in ce re ly y o u rs ,
Robert H . Boykin
F irs t V ice President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
Banks and others are encouraged to use the follow ing incoming W A T S numbers in contacting this Bank:
1-8 0 0 -4 9 2 -4 4 0 3 (intrastate) and 1 -8 00 -527 -49 70 (interstate). For calls placed locally, please use 651 plus
the extension referred to above.

Veterans Administration EFT Salary Payments
Procedural Update Sheet
Payment Cycle
VA payments are paid bi-weekly on Tuesdays. However, if the scheduled
payday is a holiday, the payment will be dated the previous Monday.
Payments
will generally be on a separate file in accordance with local policy, and
will be delivered to your financial organization or processing center by the
business day prior to the payment date.
Funds will be credited on the payment date.
Identification of VA Payments
VA payments are one of the many Federal Salaries programs and therefore
will contain "FED SALARY" in the company entry description in the batch
header record (for magnetic tape recipients) or on the paper entry register.
The company identification field in the batch header will contain a
"3111036014." This number will also appear on the paper entry register.
The first eight digits of the trace number for VA payments will be
"11103601
The individual identification in the entry detail record for VA payments
is the individual's social security number or employee ID. This number will be
left-justified, blank-filled.
Non-Receipt of Payments
Recipients claiming non-receipt should contact their payroll office.
Return Item Procedures
Return items should be completed using the procedures in place for other
government EFT programs. Returns may be combined with Social Security and
other government returns.
Instructions for returning EFT payments are in
Section 4 of the Green Book.
It is critical that the discretionary data field
be completed on the preauthorized return item credit form. This information
is used by the Treasury disbursing centers to identify the program agency to
which the payment is to be returned.
Additional information on this program is available in the "Financial
Organization Procedures for Federal Salary Payments" sent to you by the
Treasury on March 14, 1979.
Return item procedures for the April prenotes were included in the pro­
cedures that were sent to you by the Treasury on March 14, 1979. Additional
instructions on the prenote procedures were sent to you by the Veterans
Administration on March 20,1979.