Returns are at an institution's risk and expense.(b) The half dollar, quarter dollar, and dime coins are clad coins with 3 layers of metal. We may refuse deposits, defer or reverse credit, and/or return deposits if an institution fails to comply with any of the terms of Operating Circular 2. The Federal Reserve Banks may, at their discretion, partially fill orders to maintain coin inventories. The Federal Reserve Banks recognize that factors such as volume and cost may require less frequent service to some endpoints and more frequent service to others. Order Process and Standards Frequency of Serviceįor each endpoint, the basic level of service is one deposit and one order of coin per week. We may refuse a deposit if the integrity of a bag appears to have been compromised, or if the seal does not effectively deter access to the bag's contents.įor more information, refer to the Coin Deposits section of the Deposit Visual Reference Guide. Use a seal that cannot be compromised without detection and bears your institution's identification. The bags containing your deposit must be securely sealed to ensure that unauthorized access can be easily detected. If using canvas bags, each bag must have a tag that is color-coded in accordance with ABA standards based on denomination. Any bag that is not labeled with an office identification number will be credited to your head office. Label each bag with a tag that shows denomination, dollar amount, your institution's name and ABA routing number, and the four-digit endpoint number of the depositing office.Secure each canvas bag using a tamper-evident seal with your institution's identification if using plastic bags, ensure each bag possesses a tamper-evident seal.Anthony dollars, Native American dollars and Presidential dollars can be mixed in the same bag. Anthony dollars, Native American dollars and Presidential dollars. Eisenhower dollars should be sacked separately from Susan B.Refer to the following guidelines for preparing a deposit of loose dollar coins.Canvas bags or high density plastic bags must have "tamper-evident" seals so that any signs of tampering will be clearly visible. Sack loose coin by denomination in canvas bags or high density plastic bags.coin under no circumstances should currency, checks or other valuables be included. Do not mix coins of different denominations in the same bag.If the Federal Reserve Bank detects counterfeit or unlawfully altered coin in a DI's deposit, it is forwarded to the Secret Service, and the DI is charged for the difference. Deposits of the following are NOT accepted at the Federal Reserve Banks:ĭepository Institutions (DIs) should forward counterfeit or unlawfully altered coin directly to their local U.S. Savings Bonds for Financial InstitutionsįedCash ® Services Coin Depositing and Ordering Deposit Process and Standardsįederal Reserve Banks accept only genuine, current U.S.Security and Resiliency Assurance Program.FedLine Direct Message Environment and Configuration Change Matrix.FedLine Direct File Environment and Configuration Change Matrix.FedLine Command Environment and Configuration Change Matrix.End User Authorization Contact (EUAC) Support.Savings Bonds For Financial Institutions.FedPayments Reporter Service for Check Services.FedDetect Duplicate Treasury Check Notifier Service.
FedCash Services via the FedLine Web Solution.FedPayments Reporter Service for FedACH Services.