The Federal Reserve Banks have begun transitioning their currency shipping bags to a new Cash Visibility compliant barcode that will include the Federal Reserve’s unique identifying Serial Shipping Container Code (SSCC). The updated barcodes will directly support the FedCash® e-Manifest service product which aligns with the Cash Visibility standards. This transition will take several months and is a notable step in our internal preparations for the future.
What is Cash Visibility?
Cash Visibility is an industry-wide initiative that involves implementing a standardized framework for identifying, tracking and electronically exchanging information about cash packages that move between and among participants. It allows integration of process and information flows within and across these organizations, including manufacturers, suppliers, distributors and even end users.
What is e-Manifest?
To support and promote the many benefits to be gained through the Cash Visibility initiative, FedCash e-Manifest is now available through FedLine® Solutions to armored carriers and financial institutions when making currency deposits at the Federal Reserve Banks. FedCash e-Manifest uses the Cash Visibility standards to support the Federal Reserve Banks’ transition to digital exchanges of cash package information.
For more information about Cash Visibility and the e-Manifest service product and how you may begin preparing your organization, please visit the Cash Visibility page.
