View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F E D E R A L R E S E R V E B ANK
O F N EW YORK

3

[circu lar No. 8290
March 2, 1978

L
C H EC K SORTING R EQ U IR EM EN TS

To A ll B anks, and O thers Concerned,
in the Second F edera l R e se rv e D istrict:
We

sire p l e a s e d t o a n n o u n c e

requirements

for m e m b e r b a n k s

Effective
this Bank will

the

no l o nge r be r e q u i r e d
located

Long

Check Processing

routing

a single

symbols

02ll+,

in t h e

commingled

22lb,

d e p o s i t e d b y 1 2 : 0 1 a.m.

banks

areas

and

separate

served b y the

Centers

cash letter

0219,

depositing

to p r o v i d e

drawn on payor banks

F r o m n o w on,

in c h e c k

at

cash letters with
cash letters

entitled

the

ou r J e r i c h o

containing

"Time Schedules
The

schedules
change.

—

sections

Office.

items bearing

for the various
Any questions

offices

(Tel.

No.

Credit

to O p e r ating

of this

fo r

Operating
Cash

Bank, wil l b e

Manager

as

Circular

No.

Items."

r e v i s e d to r e flect

for Jericho Office

this

items

of our Check Processing Department

212-791-5321).




5

C i r c u l a r No. 5, r e g a r d i n g t i m e

regarding sorting requirements

m a y b e d i r e c t e d t o H e n r y F. W i e n e r ,

the

Such a cas h letter m a y also

of this B a n k ' s

A v a i l a b i l i t y of

appropriate appendices

items

2219 w i l l r e c e i v e i m m e d i a t e c r e d i t w h e n

at t h e J e r i c h o Office.

applicable

for

D o w n s t a t e N e w Y o r k and

b e d e p o s i t e d at o u r H e a d O f f i c e a n d at o u r C r a n f o r d a n d U t i c a O f f i c e s
permitted under

sorting

in t h e S e c o n d F e d e r a l R e s e r v e D i s t r i c t .

immediately, member

Island Regional

following reduction

P aul A. V olcker,

President.