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FEDERAL RESERVE BANK OF MEW YORK [ Circular No. 963 1 February 1, 1984 CHANGES IN U.S. POSTAL M ONEY ORDERS To All Depository Institutions in the Second Federal Reserve District, and Others Concerned: We have been informed by the United States Postal Service that it is phasing in a new checksize money order. The check-size money order is being adopted to reduce the cost of producing and processing money order forms. The old and new forms are the same length and conform to Ameri can National Standard Institute check standards. The new form, however, has a routing number of 0000-0800-2, is only 2 3A inches wide, and has major graphic changes. Printed on the following pages is an excerpt from the Postal Bulletin Notice describing the changes and illustrating the old and new money order. The old form of money orders continues to be valid and will be used until present supplies are depleted. Questions on this matter may be directed to the following persons: At our Head Office Janet L. Wynn, Assistant Vice President (Tel. No. 212-791-5997) At our Cranford Office Fred A. Denesevich, Regional Manager (Tel. No. 201-272-9000) At our Jericho Office Anthony N. Sagliano, Regional Manager (Tel. No. 516-997-4500) At our Utica Office Harry A. Curth, Regional Manager (Tel. No. 315-736-8321) At our Buffalo Branch David P. Schwarzmueller, Operations Officer (Tel. No. 716-849-5018) A nthony M . Solom on, President. POSTAL BULLETIN D M M Revision J^©§^IY ORDERS * * * QGOo ©raphic Ch@rag@s (i.e., reference, illustrations) :{: * * i. Money ©r^ei?. T h e im portant revisions on the check-size form a r e : H. (see illustrations) @o Tw o USPS seals in yellow form th e background in the area w here the dollars and cents value o f the m oney o rd e r will be im printed. This will m ake any efforts to raise m oney o rd e r am ounts m ore obvious. feo T h e Pay To and From sections are arran g e d side-by-side an d separated by the USPS seal because o f space limitations. a, T h e Not Valid I f Over Five Hundred Dollars Maximum Value is deleted from the front and stated with em phasis on the back. i t l onoM tkjm m ? *p.TES f=OST^_ 3^ l&aisaa. ra i3 f tesg S:l wmmmm^ YEAR B30WTM DAY G C n iA l N U M B E R ^S>.TES t=OS7^_ P03T OFFICE fAYTO sp§E DOLLARS A S AND CENTS SAMPLE street emr STATE ^ js s o n s E S -T o w r r QoOOOOOSOO g0° O O O ^& M m©c^i¥ o r d e r —* c ^ ie e c fin0 % m (fro nt) 00Q«3D0?fc5 luuj m NOT NEG (UU) © © G3 VOID WITHOUT USPS SEAL 8S0 0 0 0 0 0 s o u s M O N E Y O RD ER — PRESENT §121 (FRO NT) S? i S p o s t a l b u lle t in 2 . Bodko @c T h e yellow background design has b een elim inated to facilitate fingerprint identification. foo T h e new ink color used for printing the statem ents on the back fades when the back o f the m oney o rd e r as m icrofilm ed, m aking bank en d orsem ent stam ps m ore legible. e= Maximum Value Five Hundred Dollars is p rinted on the back o f the check-size form . <3° T h e paragraph Ownership . . . etc. is relocated beneath the Warning— Cashier paragraph. This leaves the endorsem ent signature in the sam e area. Go Part o f the Warning— Cashier paragraph is underlined for em phasis. H olding the m oney o rd er to the light to exam ine the dollar am ount area is very effective in detecting erasures o n a m oney o rder. MAXIMUM VALUE FIVE HUNDAED DOLLAiS PAY TO O W N E R S H IP O F TH IS M O N E Y O R D E R M A Y BE T R A N S FERRED TO O N E O TH ER P A R T Y O N L Y . TO DO TH IS. D E SIG N A TE TH E PA RTY IN THE P A Y TO SP A C E A N D E N D O R SE . BA N K S T A M P S ARE NOT REGARD ED A S E N D O R SE M E N T S. ENDORSEMENT SIGNATURE ‘WARNING - CASHIER: Require positive Identifi cation. Hold money order to light and examine dollar amount area to assure it 8§ not lighter than rest of form. Do not cash money order If there a?© signs of erasure or other alterations." P A Y TO E N D O R S E M E N T SIG N A TU R E ton@rshlp of this money ®rd®r may to transferred to ©n® other party only. To do this, designate the party In the pay to space and endorse. Bank stamps are not regarded as endorsements. "WARNING * CASHIER: Require positive Identification. Hold money order to light ©nd ©xamine dollar amount ©res to assure It is not lighter than rest of form. Do not cash money order If there are signs of ©rasure or other alterations." Foreign hanks and post offices may not be reimbursed by the United States unless their country has an agreement to transact domesticinternational money order business with the United States. An International money order service is available. FOREIGN BANKS AND POST OFFICES MAY NOT BE REIMBURSED BY THE UNITED STATES UNLESS THEIR COUNTRY HAS AN AGREE MENT TO TRANSACT DOMESTIC-INTERNATIONAL MONEY ORDER BUSINESS WITH THE UNITED STATES. AN INTERNATIONAL MONEY ORDER SERVICE IS AVAILABLE. ey @ m m — €M1€EC §!ZfS (BA CK ) &a@NEY ©HEM— PRESENT S i l l (SA C K )