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PLEASE READ ALL INSTRUCTIONS CAREFULLY BEFORE COMPLETING THIS REPORT.FR 2225 OMB Number 71000216 Approval expires August 31, 2020-Page 1 of 1Board of Governors of the Federal Reserve Systematical
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How to fill out annual daylight overdraft capital

01
Gather necessary financial information such as daily account balance and projected cash flows.
02
Calculate the total daylight overdraft capital requirement using the formula provided by the Federal Reserve.
03
Fill out the required forms accurately with the calculated information.
04
Submit the completed forms to the Federal Reserve Bank before the designated deadline.

Who needs annual daylight overdraft capital?

01
Financial institutions that are part of the Federal Reserve System and engage in Fedwire fund transfers need annual daylight overdraft capital to cover any potential overdrafts that may occur during the day.
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Annual daylight overdraft capital is the maximum daylight overdraft that a financial institution is allowed to incur during the year.
Financial institutions that are eligible to incur daylight overdrafts are required to file annual daylight overdraft capital.
Annual daylight overdraft capital must be filled out according to the guidelines provided by the regulating authority.
The purpose of annual daylight overdraft capital is to monitor and control the daylight overdrafts incurred by financial institutions.
The annual daylight overdraft capital must include information about the maximum daylight overdraft allowed and the actual daylight overdraft incurred.
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