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Report of Transaction Accounts, Other Deposits, and Vault Cash

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Board of Governors of the Federal Reserve System Instructions for Preparation of Report of Transaction Accounts, Other Deposits, and Vault Cash Reporting Form FR 2900 For use by commercial banks, Edge Act and agreement corporations, industrial banks, building or savings and loan associations, mutual savings banks, cooperative banks, homestead associations, and savings banks. There are separate instructions for U.S. branches and agencies of foreign (non-U.S.) banks, and credit unions. FR 2900 Commercial Banks April 2020 Table of Contents Introduction . ....................................1 Section 1 – General Instructions . ...................2 A. Who Must Report . ..............................2 B. Reporting Frequency . ..........................2 C. Where to Report . ................................3 D. How to Report . .................................3 D.1. Treatment of International Banking Facility (IBF) Accounts . 3 D.2. Consolidation . ..........................3 D.3. Basis of Accounting . .....................4 D.4. Denomination . .........................4 D.5. Foreign (Non-U.S.) Currency-Denominated Transactions . 4 D.6. Recordkeeping . .........................4 D.7. Weekend and Holiday Posting . ..............5 D.8. Pre-Posting . ............................5 D.9. Overdrafts or Negative Balances . ...........5 D.10. Unposted Debits and Credits . .............6 D.11. Rejected Items . .........................6 D.12. Filing of Data . ..........................6 E. Requests for Revised Data . .......................6 F. Liabilities That Are Reservable under Regulation D . 6 G. Deposits as Defined under Regulation D . ............7 G.1. Deposits . ...............................7 G.2. Primary Obligations (A,C,D, and F) . 8 G.3. Primary Obligation (AA.1, BB.2) . ..........9 H. Treatment of Pass-Through Balances . 10 I. Treatment of Trust Funds . ........................10 J. Treatment of Escrow Funds . .....................10 K. Treatment of Payment Errors . ....................11 K.1. Duplicate Payment . ......................11 FR 2900 Banks, S&Ls, and Savings Banks Contents-1 Contents September 2015 Contents K.2. Misdirected Payment . ...................11 K.3. Failed Payment . ..........................11 K.4. Improper Third-Party Transfers . 11 L. Treatment of Sweep Arrangements . 11 L.1. Retail Sweeps . .........................12 L.2. Offshore Investment Sweeps . 12 L.3. Domestic Investment Sweeps . 12 M. Mergers . ....................................12 N. Treatment of Suspense Accounts . 12 O. Netting . .....................................12 P. Treatment of Accounts where Reporting Institutions Have Suspended Enforcement of the Six Transfer Limit . ........................12 Section 2 – Item-By-Item Instructions . 13 Transaction Accounts (Items A.1 through A.3) . 13 General Description of Transaction Accounts . 13 Demand Deposits (Items A.1.a through A.1.c) . 14 Demand Deposits Due to Depository Institutions (Item A.1.a) . 16 U.S. Government Demand Deposits (Item A.1.b) . 19 Other Demand Deposits (Item A.1.c) . 19 ATS accounts, NOW Accounts/Share Drafts, and Telephone and Preauthorized Transfers (Item A.2) . 21 Total Transaction Accounts (Item A.3) . 23 Deductions from Transaction Accounts (Items B.1 and B.2) . 23 Demand Balances Due from Depository Institutions in the U.S. (Item B.1) . 23 Cash Items in Process of Collection (Item B.2) . 24 Total Savings Deposits (Item C.1) . ...................25 Total Time Deposits (Item D.1) . .....................27 Reporting of Deposits on a Discount Basis . 27 Vault Cash (Item E.1) . ..............................29 Memorandum Section . ...........................30 All Time Deposits with Balances of $100,00 or More (Included in Item D.1)(Item F.1) . 30 Schedule AA and Schedule BB - Other Reserve Obligations by Remaining Maturity . 31 Ineligible Acceptances and Obligations Issued by Affiliates (Items AA.1 and BB.2) . 31 Determining Maturities . ......................32 Classifying an Affiliate’s Obligation . 32 Contents-2 FR 2900 Banks, S&Ls, and Savings Banks Contents April 2020 Contents Schedule AA . ...................................33 Ineligible Acceptances and Obligations Issued by Affiliates Maturing in Less Than Seven Days (Item AA.1) . 33 Schedule BB - Nonpersonal Items . 34 Total Nonpersonal Savings and Time Deposits (Item BB.1) . 34 Ineligible Acceptances.
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