Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 2340

Call confidentiality applies to FFIEC 031/041.

Data Description:

FCDQ: Starting with the as-of-date 06/21/2021, item 2340 is a reported field on the FR 2915 (FCDQ). This item is a breakout of foreign currency denominated deposits reported in the same item on the FR 2900 (EDDS). Includes the balance of all other demand deposits in the form of deposits and primary obligations, including: 1. Demand deposits in the form of deposits held for: A. individuals, partnerships, and corporations, wherever located; B. states and local governments and their political subdivisions; C. U.S. Government agencies and instrumentalities including the Office of Thrift Supervision, Resolution Trust Corporation, Federal Home Loan Banks, Federal Intermediate Credit Banks, Federal Land Banks, Banks for Cooperatives, the Federal Home Loan Mortgage Corporation, Federal Deposit Insurance Corporation, Federal National Mortgage Association, Federal Financing Bank, Student Loan Marketing Association, National Credit Union Share Insurance Fund, National   Credit Union Administration Central Liquidity Facility, and Export-Import Bank of the U.S.; D. nondeposit and limited purpose trust companies; E. trust departments of the reporting institution and of other institutions; F. nondepository affiliates of the reporting institution and of other depository institutions; and G. foreign (non-U.S.) governments (including foreign official banking institutions), both national and regional, and international institutions. 2. Withheld state and local government taxes, insurance premiums, and similar items (but not withheld federal income tax payments, which are reported in item 2280). 3. With the exception noted below, all outstanding certified, cashier's, teller's and officer's checks or any other instruments drawn by the reporting institution for any purpose (including payment for services, dividends, or purchases), including: A. Those drawn by the reporting institution on itself and not payable at or through another depository institution. B. Those drawn by the reporting institution and drawn on, or payable at or through, another depository institution on a zero-balance account or an account that is not routinely maintained with sufficient   balances to cover checks drawn in the normal course of business (including accounts where funds are remitted by the reporting institution only when it has been advised that the checks or drafts have been presented). NOTE: Those checks drawn by the reporting institution on a deposit account at another depository institution which the reporting institution routinely maintains with sufficient balances to cover checks or drafts drawn in the normal course of business are excluded from "Demand Deposits (2210)", and recorded directly as a reduction in "Demand Balances Due From Depository Institutions in the U.S. (0063)". C. Those checks drawn by the reporting institution on, or payable at or through, a Federal Reserve Bank or a Federal Home Loan Bank. 4. Travelers' checks and money orders sold (but not drawn) by the reporting institution, until the proceeds of the sale are remitted to another party, and other such checks used (but not drawn) by the reporting institution, until the amount of the checks is remitted to another party. 5. Unposted credits. 6. Funds received in connection with letters of credit issued to customers, including funds credited to cash collateral accounts or similar accounts. 7. Funds deposited to the credit of the reporting institution's own trust department where the funds involved are utilized to cover checks or drafts. 8. Funds received or held in escrow accounts that may be withdrawn on demand or within six days from the date of deposit, except escrow funds held as savings deposits. 9. Noninterest-bearing deposits subject to negotiable orders of withdrawal (NINOWs). 10. Deposits subject to payment orders of withdrawal (POWs). 11. For any depositor listed in 1.A through 1.G above that is not eligible to hold a NOW account, includes accounts that otherwise meet the definition of savings deposits but under the terms of which, or by practice of the depository institution, the depositor is authorized or permitted to exceed the withdrawal or transfer limitations specified for that account. 12. Any deposit or account that otherwise meets the definition of a time deposit but that allows withdrawals within the first six days after the date of deposit and that does not require an early withdrawal penalty of at least seven days' simple interest on amounts withdrawn within those first six days, unless the deposit or account meets the definition of a savings deposit. Any such deposit or account that meets the definition of a savings deposit is reported as a savings deposit; otherwise it is reported as a demand deposit. 13. The remaining balance of a time deposit from which a partial early withdrawal is made, unless the remaining balance either (a) is subject to additional early withdrawal penalties of at least seven days' simple interest on amounts withdrawn within six days after each partial withdrawal (in which case the deposit or account continues to be reported as a time deposit) or (b) is placed in an account that meets the definition of a savings deposit. Otherwise, the deposit or account is reported as a demand deposit. 14. Due bills that remain uncollateralized by similar securities for more than three business days and that are issued by the reporting institution in maturities of less than seven days to the entities listed in 1.A through 1.F above. 15. Primary obligations (other than due bills) issued to nonexempt entities, except: A. Amounts of outstanding bankers acceptances that are created by the reporting institution and that are of the type that are ineligible for discount at Federal Reserve Banks. B. Certain obligations issued by the reporting institution's nondepository affiliates. Excludes all primary obligations issued to foreign national governments, foreign official banking institutions, international institutions, and non-U.S. branches of U.S. depository institutions and non-U.S. branches and agencies and head offices of non-U.S. depository institutions. (Reported on the Report of Certain Eurocurrency Transactions, FR 2950.) Primary obligations having a maturity of less than seven days issued to a non-U.S. parent bank's holding company if the holding company is not a bank, a nonbanking subsidiary of such a holding company, a nonbanking subsidiary of a non-U.S. parent bank's holding company if the holding company is a bank, and a non-U.S. parent bank's nonbanking subsidiary are included in this item and excluded from the Report of Certain Eurocurrency Transactions, FR 2950.