Federal Reserve Financial Services is committed to providing the answers and information you need. Answers to many of our customers most frequently asked questions can be found using the links below.
If your question is not answered by the information provided on the site, My FedDirectory® provides a comprehensive list of service and support contacts who can assist you.
A: Please see the 2013 FedLine Access Solutions Services Comparison Matrix (PDF).
A: Advantages are:
A: Organizations without AMI access and who only need a copy of the print-image statement, may find FedMail e-mail is a good option for receiving the statement.
A: A notification provides supplemental information (such as original cash letter, one day, two day, and three day totals) about an entry that posted to the institution’s account. This information is available once the transaction has posted to our accounting system.
A: Staff members who perform account management, cash management, and reconcilement functions should have access to AMI.
A: To subscribe to the AMI application via FedLine Web, you must complete an End User Authorization Contact (EUAC) form, if one is not already on file. In addition to the EUAC form, a Federal Reserve Bank External Subscriber Request Form must be submitted for each user. Detailed enrollment instructions are available at the following URL:
A: Intra-day drill-down and search inquiries are not available for Respondents. A Respondent can, however, view its individual CMS Basic report and retrieve IAS notifications via AMI. End-of-day statements are also available to Respondents. Statements can be retrieved via AMI or received via FedMail.
A: Online learning tools are available which provide detailed instructions on the use of AMI, CMS, and SCI.
Reference guides will provide the institution with information that will assist them in understanding how to use the accounting tools to obtain account information. Reference guides available consist of:
Additional information can be obtained from the Federal Reserve Banks’ Financial Services public site under Service Offerings Account Services at www.frbservices.org.
A: CMS provides summary and/or detail intra-day account information. CMS Basic reports are available real-time via AMI. CMS Plus is available up to six times daily for subscribing institutions. The Intra-Day file is available up to six times through a FedLine Direct or FedLine Command connection. Financial institutions choose the times to receive the CMS Plus and Intra-Day files. Cash Management is available in three levels:
A: CMS reports allow you to streamline internal processes to help manage, confirm and/or reconcile real-time account information for the institution’s account, Subaccounts and Respondents, if applicable.
A: CMS Plus is available to account holders only and makes it easier for customers to reconcile accounting entries by presenting a consistent format and level of detail. CMS Plus allows customers to download details in a spreadsheet format using software such as Microsoft Excel® up to six times daily. Institutions can subscribe to a CMS Plus Own report (includes activity for own ABA and does not include activity for Respondents/Subaccounts), or the CMS Plus with all activity (includes activity for own ABA and Respondents/Subaccounts).
A: The Intra-Day File is available to account holders and make it easier for customers to reconcile accounting entries by presenting a consistent format and level of detail. The Intra-Day file is available up to six times daily and allows customers to receive transaction details unsolicited in a format similar to the FIRD. The file includes all details posted to the institution’s account up to the time the file was generated for all activity, excluding Fedwire Funds and Fedwire Securities.
A: The institution can download and/or open the SASF in software such as Microsoft Excel, which allows the institution to streamline their reconcilement and posting functions.
A: Institutions subject to receiving a monthly service charge from the Federal Reserve Banks should have SCI access. Staff members who reconcile monthly billing information should have SCI access.
A: SCI is available through FedLine Web/FedLine Advantage and provides both detailed and summarized billing statement information, eliminating the need to receive multiple billing statements. SCI provides the capability to drill down from summary information through various levels of detail, including comprehensive details about adjustment and reversal transactions processed during the monthly billing cycle. SCI also provides a snapshot of the institution’s earnings credits history for the past year. In addition, SCI stores three months of billing information and provides the capability to download details in a spreadsheet format using software such as Microsoft Excel.
A: The BDFF is in a machine readable format that allows the institution to automate the billing reconcilement function.
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