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FedCash® Services
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FedCash Services Offerings
The Federal Reserve Banks offer FedCash Services to help ensure that depository institutions have sufficient supplies of currency and coin to meet public demand. Each Federal Reserve District maintains currency and coin processing operations to accept deposits of excess and unfit currency and process orders for currency and coin.
In addition, access to Custodial Inventory and Coin Terminal services will be transitioned to FedCash Services via the FedLine Web access solution from the current FedCash application in phases throughout 2010, beginning in April. These functionalities are available to depository institutions that operate Custodial Inventory sites and armored carriers that operate outsourced Custodial Inventory sites and/or Coin Terminals.
Currency
Order and deposit currency, monitor and manage cross-shipping activity and access valuable information regarding exception processing including damaged or counterfeit currency.
Coin
Order and deposit coin, manage new coin release availability and distribution timeframes and access valuable information regarding exception processing including damaged coin and holiday ordering requirements.
Custodial Inventory Services
Manage your Custodial Inventory site by opening and closing the Custodial Inventory vault daily, reporting vault holdings and payments to customers daily, entering other transactions, and accessing various reports as needed.
Coin Terminal Services
Manage your Coin Terminal by opening and closing the vault daily, entering deposits or shipments, releasing coin orders, entering other transactions, and accessing various reports as needed.
