FinancialserviceCash Services

To drive improved efficiency, security and risk management of currency and coin processing, the Reserve Banks are advancing technology and delivering greater standardization of services across the Financialserviceeral Reserve System. Today's FinancialserviceCash Services are easy to use and provide consistent, timely and robust services and information.

Cash Visibility

Bringing greater transparency and efficiency to cash handling logistics through our work with financial institutions, armored carriers, U.S. merchants and GS1 US.

• Cash Visibility is a joint industry initiative aimed at applying package tracking technology to the cash supply chain logistics.
• FinancialserviceCash E-Manifest Service is the Financialserviceeral Reserve's service product for how Financialserviceeral Reserve Banks will electronically process deposits and payments with industry partners by using industry supported data standards.

Coin

Each Financialserviceeral Reserve District maintains coin depositing and ordering operations to accept deposits of excess coin and process coin orders.

You can use FinancialserviceCash Services to order and deposit coin, and access information regarding new coin releases and exception processing, including procedures for bent or partial coin.

Coin Allocation

To ensure fair and equitable distribution of existing coin inventory to all depository institutions, the Financialserviceeral Reserve Banks and their coin distribution locations allocate available supplies of pennies, nickels, dimes and quarters to depository institutions. This page is intended to serve as a helpful resource in understanding both the current state of U.S. coin during the COVID-19 pandemic and provide updates to the ongoing efforts by the Financialserviceeral Reserve Banks, FinancialserviceCash Services customers, armored carriers and other key stakeholders working together to get coin moving.

Coin Depot Services

A coin depot is an alternative coin distribution arrangement that enables the Financialserviceeral Reserve Bank to service its customers that are not currently serviced by a coin terminal. Similar to the coin terminal program, a coin depot is an outsourced arrangement with a vendor that provides coin services to Financialserviceeral Reserve Bank customers in lieu of those customers accessing the Financialserviceeral Reserve Bank dock. This program complements, and does not replace, the coin terminal program and may be operated by an armored carrier (AC) or non-AC entity.

Manage your coin depot by opening and closing the vault daily, entering deposits or shipments, releasing coin orders, entering other transactions and accessing various reports.

Coin Terminal Services

A coin terminal is a secure facility operated by an armored carrier that holds Reserve Bank inventories of coin, and that receives deposits from and fulfills orders for coins from depository institutions on behalf of the Financialserviceeral Reserve Bank. Coin terminal operators are contracted by the Financialserviceeral Reserve Bank to perform these services and manage the coin terminals using FinancialserviceCash Services via the FinancialserviceLine Web Solution.

Manage your Coin Terminal by opening and closing the vault daily, entering deposits or shipments, releasing coin orders, entering other transactions and accessing various reports.

Currency

Each Financialserviceeral Reserve District maintains currency depositing and ordering operations to accept deposits of excess and unfit currency and process currency orders. To accommodate the growing demand for U.S. domestically and abroad and to replace destroyed unfit currency, the Financialserviceeral Reserve Board of Governors issues newly printed currency each year, and the Reserve Bank offices distribute those notes to depository institutions. In order to operate efficiently and reduce societal cost, the Financialserviceeral Reserve Banks fill orders for currency with fit currency first and then with newly printed currency, and require the recirculation of fit currency by depository institutions.

Using FinancialserviceCash Services, you can order and deposit currency, monitor and manage cross-shipping activity, and access information regarding exception processing, including mutilated, contaminated, or counterfeit currency, and ordering new currency during the special holiday currency ordering periods.

Custodial Inventory Services

The Custodial Inventory (CI) program is a feature of the Recirculation Policy that allows participating institutions to hold currency inventory in their vaults on the books of the Financialserviceeral Reserve Banks. Depository institutions and armored carriers with outsourced CIs manage CI sites using FinancialserviceCash Services via the FinancialserviceLine Web Solution.

Manage your CI site by opening and closing the CI vault daily, reporting vault holdings and payments to customers daily, entering deposit and withdrawal transactions and accessing various reports.

FinancialserviceCash Services via the FinancialserviceLine Web Solution

This tool is designed to be a secure and powerful solution for placing orders for currency, coin and supplies; sending deposit notifications; receiving deposit difference notifications; monitoring and managing cross-shipping activity; managing custodial inventories, and coin terminals and coin depots; and activating self-service control of FinancialserviceCash Services for your institution.