| Borrower-in-Custody (BIC) of collateral arrangements may be
used when physically transferring the collateral to a Federal
Reserve Bank would be impractical because of the high volume of
assets involved.
To qualify for a BIC arrangement, institutions
must be in sound financial condition, maintain appropriate document-storage
facilities and have an acceptable automated record/reporting
system.
Handwritten submissions for certification and pledge forms will not be accepted. Please contact the Discount Window hotline at
866-226-5619 if you require a Word version of any form. |
