The Federal Reserve Banks are committed to ensuring that your financial institution has the information it needs to use our products effectively. We know our customers have lots of questions for us, which is why we have a variety of Frequently Asked Questions (FAQs) pages available on FRBservices.orgSM for browsing.
Let us make your job easier! Take a look at FAQs pages based on service area:
- Accounting Services
- FedACH® Services
- FedTransaction Analyzer®
- FedCash® Services
- Check Services
- Fedwire® Services
- Central Bank
- Treasury Services
- FedLine® Solutions
You can also browse the following examples of common questions and answers from our service areas below.
Q Are there any hardware and software requirements for using FedLine Solutions?
A Yes, review the latest hardware and software requirements for FedLine Web® and FedLine Advantage® and work with your IT department to ensure compliance with these requirements before implementing either solution.
Q How will customers be able to identify Same Day ACH transactions on their Federal Reserve accounting statements?
A The origination and receipt of Same Day ACH items is separated from the non-Same Day ACH items by use of unique accounting transaction codes. Furthermore, the totals are separated by credits and debits.
Q How do I enroll in Account Management Information Services?
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. Please refer to the FedLine Web Setup page for further instructions.
Q Which denominations of currency does the Federal Reserve issue?
A The Federal Reserve Board currently issues $1, $2, $5, $10, $20, $50, $100 notes. The largest denomination Federal Reserve note ever issued for public circulation was the $10,000 note. On July 14, 1969, the Federal Reserve and the Department of the Treasury announced that banknotes in denominations of $500 (Off-site), $1,000 (Off-site), $5,000 (Off-site) and $10,000 (Off-site) would be discontinued due to lack of use. Although they were issued until 1969, they were last printed in 1945.