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Looking Ahead at Phase Two of the Fed’s Check Restructuring

Discover Every Advantage ... FedLine Advantage Is Coming

Update on Cash Operations Consolidations

We Need Your Help to Reach the Right Audience

Federal Reserve Banks Are Prepared for Check 21

Destination Check 21: An Online Road Map for Winning Check 21 Strategies

Times of Change Call for Effective Communication and Increased Awareness

Next Issue: Saying Goodbye to Payments Quarterly

Reserve Notes

Fed Contacts

Discover Every Advantage ... FedLine Advantage Is Coming

FedLine Advantage is the Federal Reserve bank’s newest access method that leverages web technology to provide all Federal Reserve financial services, including critical electronic payments services. This includes Fedwire® Funds Service, Fedwire Securities Service and FedACHSM Services.

FedLine Advantage has robust security features, including authentication, encryption, firewalls and intrusion detection. Customers can expect the same level of attention to security detail that the Federal Reserve has delivered with all of our FedLine Access Solutions. Through the use of advanced technology, FedLine Advantage provides more choices to fit your business environment, as well as improved convenience and functionality.

In February 2004, the Federal Reserve banks began testing the conversion process, converting from the existing DOS-based FedLine to the new FedLine Advantage access solution. The conversion to FedLine Advantage marks the final steps in the move from DOS-based FedLine to access that is built on web technology.

Of course, advances in technology are not the only benefit. Like any new solution, FedLine Advantage looks and feels different. Current DOS-based FedLine subscribers will notice considerable improvements in their user experience, including a familiar browser interface, personalized access to their financial services, online help and an onsite mailbox that will provide alerts and announcements.

The Federal Reserve banks have helped customers prepare for their upcoming conversions to FedLine Advantage by offering in-person and online seminars free of charge. The remaining in-person seminar will be held in New York on Dec. 1, 2004, from 9 a.m. to 12:30 p.m. EST. Register today to better understand:

  • why FedLine Advantage is replacing DOS-based FedLine;
  • how this solution embraces industry-standard technology;
  • how Fedwire Funds Service, Fedwire Securities Service and FedACH Services have been enhanced to provide more robust functionality and a better user experience; and
  • what your organization can do to prepare for your FedLine Advantage conversion.

Online seminars will be available from Oct. 26 through Dec. 1 by visiting www.frbservices.org. Click on the registration link to reserve your place. If you require assistance to register online, please call (312) 322-4766.


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