- Home - Communications - Customer Communications - Holiday Currency Information Now Available
Holiday Currency Information Now Available
Holiday Currency Ordering Schedule
For the 2009 holiday season, the Federal Reserve Banks will process your holiday currency special requests during two separate ordering periods. The special ordering periods will be October 30 – November 5 and December 4 – December 10. All orders placed during the special ordering period must be picked up from the Federal Reserve’s docks by the Friday following the last order day, that is, Friday, November 6 and Friday, December 11, respectively. Thus, you must ensure your institution has made appropriate transit accommodations, as no orders will be held over to the following week.
Holiday Currency Ordering Processing Standards
Your institution may place orders to meet its holiday currency needs using the FedLine Web® access solution*, which provides easy to use features to request either fit currency or new currency. If you desire both new and fit currency, you will need to place two separate orders — one for fit and one for new. All orders will be filled with your requested currency type unless the supply has been temporarily exhausted.
During the holiday currency special ordering period, standard cash ordering requirements will remain in place. If your institution places two orders for any of your ten non-priced designated endpoints, one for fit and one for new currency, the Uniform Cash Access Policy (UCAP) fee will be waived and reversed for the second order. Any additional orders placed beyond the second order or for endpoints that do not meet the requirements for free access will still be subject to the UCAP fee. Also, if your institution deposits fit currency in a denomination covered by the Recirculation Policy and orders new currency in the same denomination within the same Federal Reserve Bank zone or sub-zone from November 2 – November 6 and December 7 – 11, any resulting cross-shipping will be waived for those weeks.
Some Reserve Bank Offices may also accept requests for new currency at different times than those noted above under certain circumstances. For further information and instructions on these types of requests, including other cultural holidays, contact your local Federal Reserve Bank Office. However, please note any requests for new currency granted outside of these two special ordering periods are still subject to UCAP and cross-shipping fees.
FedLine Web Ordering Process
Holiday currency orders will include all the standard cash order steps within FedLine Web. Unique, however, is the ability to indicate fit currency or new currency during the two special ordering periods.
For fit currency, simply enter the amounts you would like for each denomination in the fit currency column. Once you have done so, the new currency column will be grayed out signifying that you can only order one type of currency per order. After confirming your selections, simply click submit to place your order.
Alternatively, if you wish to order new currency, enter the amounts in the new currency column, and the fit currency column will gray out. After confirming your selections, simply click submit to place your order.
Clearing the column of all entries will display both columns again.
* If your institution has not begun its FedCash Services via the FedPhone® Access Solution Conversion or you have not completed your conversion to the FedLine Web access solution, you may use the FedPhone access solution to place holiday currency orders for 2009. All holiday currency ordering for 2010 must be completed using the FedLine Web access solution.