If a deposit does not comply with these guidelines, it may be rejected by the servicing Federal Reserve Bank and returned to the depositor at their expense, or differences associated with these errors may be charged to the depositor. Before depositing currency, currency must be prepared according to denomination. Currency deposits that do not meet the stated criteria upon inspection at your servicing FRB may be refused. To help ensure your deposit is properly identified and remains secured, the following practices are also recommended:. Your servicing Federal Reserve Bank requires you to include a deposit document with your deposit. Consult with your servicing Federal Reserve Bank for specific policies and procedures. Contaminated currency is currency that has been damaged by or exposed to contaminants, poses a health hazard or safety risk, and cannot be processed under normal operating procedures. Institutions should obtain as much information as possible from their customer regarding the type and extent of the contamination before contacting the servicing Federal Reserve Bank to deposit contaminated currency. Note: Currency which has been damaged to the extent that its value is questionable is not handled by the Federal Reserve Bank.
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Your question might be answered by sellers, manufacturers, or customers who bought this product. Please make sure that you are posting in the form of a question. Please enter a question. We have the perfect gift for that person who has everything. Skip to main content. Arrives: Feb 4 - 9. In Stock. Add to Cart. Secure transaction. Your transaction is secure.
Checks must be submitted with an adding machine tape which shows a clear at the top of the tape. The checks must be in the exact order they appear on the tape. NOTE: If you only have one check, it is not necessary to include an adding machine tape with it. It is nice, but not necessary, to have larger sized checks on the bottom of a pile of checks. They are less likely to be damaged by the rubber band when this is done. When there is more than one group of checks being remitted for a deposit, there needs to be an adding machine tape again showing a clear at the top summarizing the groups. The groups should be submitted to us in the exact order they appear on the tape. Cash is reported and summarized entirely separately from checks.
