April 6, 2020
On February 3, the Federal Reserve announced that we would be permanently modifying our cash order deadline for all Federal Reserve Bank offices and cash depots to 12:00 p.m. local time zone effective April 27, 2020.
As the U.S. cash supply chain is collectively focused on meeting demand for cash during these unprecedented times, we are postponing this change until further notice. We hope that this postponement will relieve your operation of any additional strain and help you focus on your pandemic response.
We understand that some financial institutions and armored carriers have already begun to make changes in their internal processes to prepare for this change. If your organization has already made changes to ordering practices in preparation for this change, we thank you for those efforts. You may continue to place orders for currency and coin by the 12:00 p.m. deadline.
If your organization has not begun to make any adjustments, you do not need to take any further action at this time to change your ordering deadline. We will communicate again when this change is rescheduled.
We appreciate your support and understanding as we respond to this pandemic together.
For questions related to this change, please contact your local Federal Reserve Cash Services Department using information located at Cash Contacts Page
If you know of others in your organization that should be notified of these types of operational changes, please forward this email and encourage them to subscribe to receive future announcements using the Register to Receive Updates on FedCash® Services page.