Have you received a call late in the day about a large dollar item impacting your Federal Reserve account funding? We understand that liquidity management is critical to your business, so we want to ensure you know all of the resources available to help you avoid this scenario.
We encourage you to become familiar with the following tools and guides that can help your institution manage your overnight and intraday accounting and collateral positions.
Accounting
- Account Management Information (AMI) is a powerful online tool that offers critical real-time information regarding your Federal Reserve Bank account. It enables you to generate a variety of summary and detail reports and inquiry services.
- Daylight Overdraft Reports can show your institution’s Fedwire® balance, or all of your institution’s end-of-minute balances, for a single Fedwire day. They can also provide a listing of peak, preliminary, final and historical daylight overdraft charges for the most recent maintenance period.
More detailed information on this service can be found in the recently updated Account Management Guide (PDF).
ACH and wire payments
- The FedACH Risk® RDFI Alert Service enables you to receive notification of settled ACH batches at the time they are delivered, which could provide additional time to fund your account before the work actually settles.
- The FedACH Risk Origination Monitoring Service can send you notifications of large dollar items from your originators, which could help you identify entries coming later in the day.
- Familiarize yourself with the Fedwire Funds Service, Fedwire Securities Service and National Settlement Service operating hours and extension guidelines so you never miss a deadline.
Other Federal Reserve Bank resources
- Visit the Discount Window (Off-site) website to learn more about your options for ready access to intraday and overnight funding, including district-specific contact information.
- From Reserves Central, you can review your institution’s reserve balances and drill down into comprehensive reserves data. You can also find comprehensive information on term deposits and excess balance accounts.
We encourage you to print this article for your records and contact your account executive if you have any additional questions about available resources.
