A: The Federal Reserve Banks will integrate key Service Charge Information (SCI) into the Account Management Information (AMI) application. In addition, changes will be made to the monthly Statement of Service Charges and monthly Billing Data files, along with changes to the way settlement of Billing charges will be presented on your daily Statement of Account.
A: The Federal Reserve Banks will be integrating SCI into AMI in preparation for decommissioning the SCI application. By integrating SCI into AMI, Subscribers that currently have SCI and one of the AMI access levels will receive Billing statements via one Account Services application, AMI. These changes will provide more consistent messaging across services lines, enhanced inquiring services and improve the Account Services experience.
A: Your monthly Statement of Service Charges will be generated in Adobe Acrobat PDF format in AMI.
A: The machine-readable data file will be available to Master Account holders and contain service charges for the Primary RTN (subscribing organization) along with Secondary RTNs (Subaccounts and Other Secondary RTNs), and Respondents. The data file will no longer include any records for Earnings Credits and Correspondent activity. Also, formatting changes will be made and a draft format document will be available upon request
A: The settlement of billing charges (15th of the month or next business day if this is a weekend or holiday) will now be presented on your daily Statement of Account by RTN with a new Standard Transaction Code of (8501) "Federal Reserve Service Charges."
A: The SCI into AMI transition is planned to take place in Q4 2016.
A: Testing will be required for Data File customers. Testing is required for Data File customers and encouraged for all other customers to help ensure you are able to view AMI changes and Billing statements/data files in AMI depository institution test (DIT) environment. The test environment is planned to be available June 1 – July 15 for Data file customers and June 1 – implementation for all other customers. Test details will be provided as this initiative moves forward.
A: Please refer to the Account Services SCI integration into AMI Resource Center. This page will provide a central location for all communications related to this initiative, and we encourage you to bookmark this page so you can easily access it. You may also contact your Account Services Customer Support Contacts for questions that cannot be answered via the resource center.
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