Effective October 5, 2020: Federal Reserve Cash order deadline changing to 12:00 p.m. local time
September 1, 2020
Effective October 5, the deadline for ordering currency and coin for all Federal Reserve Bank offices and cash depots will change to 12:00 p.m. local time zone.
The Federal Reserve previously announced its intent to implement the change in the cash order deadline on April 27 and first announced the implementation on February 3. However, as the U.S. cash supply chain was collectively focused on meeting cash demand in the early days of the COVID-19 pandemic, the Federal Reserve postponed the implementation until further notice. We are now proceeding with the establishment of the national cash order deadline.
We understand that for some organizations this adjustment may necessitate changes in your internal processes, and we appreciate your support and understanding as we work to maintain the efficiency of the cash supply chain.
For questions related to this change, please contact your local cash services department.
If you know of others in your organization that should be notified of these types of operational changes, please forward this email.