August 23, 2017
As a result of the Federal Reserve System’s internal transition to a new cash transactional system, the holiday currency special ordering period for the Miami Branch of the Federal Reserve Bank of Atlanta has been modified.
As an exception to the two separate ordering periods for all other Federal Reserve offices (Friday, October 27 through Thursday, November 2 and Friday, December 1 through Thursday, December 7), for the 2017 holiday season, the Miami Branch will process your holiday currency special requests during a single two-week special ordering period in December. This special ordering period is as follows:
This exception is only for institutions that fill orders with the Miami Branch.
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 fit and new 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 December 1 to December 14, any resulting cross-shipping fees will be waived for those weeks.
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, Friday, December 15. Thus, you must ensure your institution has made appropriate transit accommodations, as no orders will be held over to the following week.
For questions, please contact the Miami Branch Cash Services department at P: (877) 553-9735, Option 2.
For additional information, visit the FedCash® Services page at FRBservices.org.