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This document provides a revised form for member banks to report deposits and related data, effective September 12, 1968. It outlines the new reserve computation periods and procedures for submitting reports, emphasizing the need for accurate reporting of balances at the close of business weekly. It includes transitional guidelines and clarifications regarding federal reserve requirements.
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How to fill out revised report of deposits
How to fill out revised report of deposits
01
Gather all necessary documentation related to the deposits.
02
Review the previous report and identify any discrepancies or updates.
03
Fill out the revised report form with accurate and updated deposit information.
04
Ensure all calculations are correct and verify totals.
05
Provide any required supporting documentation or comments.
06
Submit the revised report to the appropriate department or authority.
Who needs revised report of deposits?
01
Financial department for auditing purposes.
02
Accounting team to ensure accurate financial records.
03
Management for decision-making and analysis.
04
Regulatory bodies, if applicable, to comply with reporting standards.
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What is revised report of deposits?
A revised report of deposits is a document that financial institutions file to correct previously reported data regarding the deposits they hold, ensuring compliance with regulatory requirements.
Who is required to file revised report of deposits?
Financial institutions that initially submitted inaccurate deposit information are required to file a revised report of deposits.
How to fill out revised report of deposits?
To fill out a revised report of deposits, institutions should gather accurate deposit data, complete all required fields on the form, and indicate that it is a revision by marking the appropriate section.
What is the purpose of revised report of deposits?
The purpose of a revised report of deposits is to ensure that the deposit information reported to regulatory authorities is accurate and up-to-date, thereby maintaining compliance and transparency.
What information must be reported on revised report of deposits?
The revised report must include accurate details of total deposits, broken down by type, and any other relevant information that was initially misstated.
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