The Federal Reserve Bank updated its Cash Services Operating Circular 2. Are you ready? Block and Company is and we want to help you.

There are several components to the updated regulation:

Cash Deposits

• Be tamper evident
• Be made of clear plastic
• Have a thickness of a least 5-mil
• Be limited to 16 bundles

Check out Block's compliant currency bags

• Be bundled and marked properly
• Utilize color coded currency straps that conform to the ABA Standards
• Be labeled with specific deposit information
• Use white currency straps for higher color contrast
• Use a large font on the currency strap
• Refresh ink pads frequently

Check out Blocks compliant currency straps, stamps and ink pads

Coin Handling

• Have a color coded shipping tag
• State the denomination, dollar amount, institution name & routing number on the tag
• Be secured with a tamper-evident seal

Check out Block's compliant canvas shipping bags, color-coded tags, and tamper-evident seals

• Possess a tamper-evident seal
• Have a reinforced handle that withstands a 100+ lb test load
• Have a minimum thickness of 6.5-mil
• Be labeled with color-coded denomination label in the bottom right corner

Check out Block's compliant plastic bags and color-coded shipping labels

Special Note: Be aware that the Federal Reserve Bank may refuse cash deposits if your institution fails to comply with any of the requirements noted in the Cash Services Manual of Procedures. By purchasing the above referenced Block products, you will ensure your compliance to these standards.

1. Cash Services Manual of Procedures
2. A visual guide for do's and don'ts