Introducing a consolidated news bulletin to aid operations
June 15th, 2008

FedFlash keeps you informed of issues critical to your day-to-day operations.

This new, national publication provides regular updates regarding products and services, processes, technical protocols and contact information. For the fastest delivery of this news, subscribe to Email Notification. Past issues are available in the Previous issues section.

You can expect to see fewer individual communications from the Federal Reserve Banks, as FedFlash will consolidate key national and District information. FedFlash is published every two to four weeks, depending upon the frequency of news applicable to your organization.

A regular feature of this publication is a quick reference guide we call Flashboard. Print and display this section in your operations area to help ensure your staff have this information.

In every issue, we cover both National and District topics. This time around, find out more about:

Sign up for FedFlash online for fastest access.

Effective date July 1, 2008

All MICR File Formats (except SOP IV.8, X9.37-1994 and X9.37-2003), Account Number Sorting, Grayscale Image Capture Services and MICR Manipulation Services will be discontinued.

Effective date July 1, 2008

Changes to the High Dollar Group Sort and Premium Plus Group Sort presentment point and routing transit number listings become effective. For more information, visit FRBservices.org/servicefees/check_services.html.

Effective date July 1, 2008

New FedReceipt RTNs take effect. For more information, visit FRBservices.org/check.

Effective date August 1, 2008

The Federal Reserve Banks' new pricing policy for carrier documents will be implemented. If you have any questions, please contact your account executive.

Announcement

The Federal Reserve Banks' Check 21 Guide to Connectivity Options has been updated. The Guide can be found at FRBservices.org/servicesetup/check/
check21_technical_information.html.

Announcement

Financial institutions do not have to process paper Federal Tax Deposit (FTD) tax payments to participate in the TT&L Program. For general information on the Electronic Federal Tax Payment System (EFTPS), please visit the EFTPS Web site at www.eftps.gov or call Melanie Rigney at (202) 874-6763.

Announcement

Report delivery changes for offline Fedwire Funds and Fedwire Securities customers coming later this year. Please check FedFlash and FRBservices.org for further information.

Announcement

To add Subscribers to an existing FedLine Customer Access Service Subscription, complete the Federal Reserve Bank External Subscribers Request Form, available at FRBservices.org/Electronic-Access/app/SubSetupAgreement.jsp.

Announcement

Beginning June 15, 2008, the Federal Reserve Banks will no longer process enrollments for FedCash Services via the FedPhone access solution for NEW customers. If you currently use FedCash Services via FedPhone, you may continue to use the service as you do today. If you have any questions, please consult your local FedCash Services contact at FRBservices.org/contacts.

Announcement

The Federal Reserve Banks will continue to enhance the FedLine Web access solution and increase its capabilities as the cash service delivery platform of the future. For additional details regarding the change, please visit the FedCash Services section on FRBservices.org or consult your local FedCash Services contact at FRBservices.org/contacts.