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“All Systems Go” for Getting 100 Percent Next-Day Credit: It's So Easy Fed Moves to Actual Availability Accounting Practices for Check Services We’re Counting Down Learn How to Stay Moves Ahead of Your Competition Board of Governors Proposes Changes to Cash Recirculation Policy Federal Reserve Consolidates Administrative Billing Functions Customer Satisfaction with TT&L Remains High |
We’re Counting Down to March 31st The Cleveland and St. Louis Feds will discontinue support of all DOS-based FedLine informational services after March 31, 2004. We are focusing on using web-based technology to deliver convenient, reliable and affordable access to our services. To meet your access needs, you have a choice between two FedLine packages: 1. FedLine Web: If your institution only needs access to informational services that are currently available via FedLine Web, choose our basic FedLine Web access package. From your Internet-connected PC, FedLine Web offers multiple staff members at your institution rapid, simultaneous access to a broad range of financial services. 2. FedLine Select: If your institution currently uses DOS-based FedLine, the new FedLine Select package is for you. FedLine Select combines the best of DOS-based FedLine with the flexibility and immediacy of FedLine Web. Your institution will receive access to a comprehensive suite of services, plus access to payment services via a DOS-based dial-up connection. We encourage you to convert from DOS-based FedLine to one of the FedLine packages as soon as possible. Support of all DOS-based FedLine informational services—including Account Management Information, Cash, Check, FedACHSM Information Services and Service Charge Information—will be discontinued after March 31, 2004. This date does not apply to Savings Bonds, Treasury Tax and Loan Service, FedACH files, and Funds and Securities transfers. To help make this an easy transition, we are waiving our standard $50 fee for each subscriber who is set up by March 31, 2004. If your institution does not already access services on the web, visit the national Financial Services web site, www.frbservices.org, and follow the instructions found under “Sign Up for FedLine.” If you need help completing the forms or have any questions, contact one of our sales consultants by calling 1-888-333-2538, then selecting option 2. The sales consultant will help you understand your options and choose the access solution that best meets your needs.
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