Skip to main content

Discount Window Direct: The easy, online way to utilize the Discount Window

Discount Window Direct (DWD) (Off-site) is an online portal accessed through FedLine® Solutions that enables users to conduct Federal Reserve Bank Discount Window activities quickly and easily. Over 1,300 depository institutions have already signed up to use DWD, and 50% of Discount Window loans are initiated in DWD.

Discount Window Direct users can complete the following online:

  • Request Discount Window advances and initiate early repayments
  • View available collateral balances, outstanding advances, maximum long-term loan amounts and current month seasonal limits, if applicable
  • Exchange messages with your local Federal Reserve Bank Discount Window team
95% of users say DWD is “Easy” to use and 75% say it is “Very Easy” to use.

New functionality is coming soon

Sign up for DWD now to benefit from these upcoming improvements:

  • Loan collateral administration
  • BIC management
  • Borrower agreement processing

Getting started with Discount Window Direct

Signing up for DWD access is easy, especially if your institution already has existing FedLine access. Visit the Discount Window Direct Application Setup page to learn more about how to get started.

Additional information

If you have any questions, visit the Discount Window Direct Feature Guide, Discount Window Direct Frequently Asked Questions page or reach out to your local Reserve Bank (Off-site).