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FED SETTLEMENT SERVICES

Printable Version

Have your Federal Reserve Bank transactions settle through FHLB Boston’s Federal Reserve Bank account as debits or credits to your IDEAL Way account. Our staff will coordinate documentation with the Federal Reserve Bank and assist in handling adjustments. Services include:

  • ACH Settlements
  • ATM Settlements
  • Cash Letter Settlement (Outclearing)
  • NOW/Demand Deposit Settlement (Inclearing)
  • E-Bond Redemptions and Purchases
  • Pass-Through Reserves
  • Treasury Tax, Loan, and Coupon Collections
  • Federal Reserve Bank Advances
  • Coin and Currency Settlement


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