Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Data Dictionary

Item Number J863

INTERDISTRICT SETTLEMENT ACCOUNT

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
FRBSJ863	1989-12-31	9999-12-31	Yes	FR 34
GOLDJ863	2010-06-30	9999-12-31	Yes

Data Description:

The cumulative net amount owed or due from other Federal Reserve Banks as a consequence of the daily settlement procedure is reported in this account with a credit balance indicated by a minus sign. The daily settlement between Districts is conducted by the centralized Integrated Accounting System (IAS), which captures the data needed to conduct settlement. Once settlement has been effected, IAS posts the appropriate entries directly to each Reserve Bank's accounts.

Included in this process are the monthly Federal Reserve note clearings and the annual settlement through the gold certificate account of the cumulative interdistrict settlement position.

Last update: Apr 23, 2024