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                          .oO Phrack 49 Oo.

                      Volume Seven, Issue Forty-Nine

                                12 of 16

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                FEDLINE (Message and Code Definitions)

              Your PC Window to the Federal Reserve Bank

                            by ParMaster

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The FEDLINE software package is a common Bank client for the Federal

Reserve. Used by Banks, Credit Unions, and other Financial Institutions, the amount of funds transferred on a daily basis matches or exceeds the daily volume of all other EFT networks. FEDLINE uses hardware encryption through a special PC card which operates using the US National Bureau of Standards, Data Encryption Standard. This file is not my attempt to demystify its operation, but to provide a categorical list of the codes.
I accept no responsibility for anyone's use or misuse of the information contained in this file.

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                    Type and Subtype Code Definitions

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Funds Transfer Messages.

Accounting status of a message indicates how the message is to be processed into the FUNDS balances of the FEDLINE Reserve Account Monitor from the standpoint of the original DI.

Status Codes: D = Debit Transaction C = Credit Transaction N = Non-accountable Transaction

                            (Valid for ALL Messages.)

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                    Regular Funds Transfer Messages

Type/Sub Acct. Status Description ~~~~~~~~ ~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1000 D Transfer of Funds

1001 N Request for Reversal of current day Funds Transfer

1002 D Transfer of Funds Reversal

1003 D Transfer of Funds Return (Sent by FRB only)

1007 N Request for Reversal of Prior Day Funds Transfer

1008 D Prior Day Transfer of Funds Reversal

1020 D Transfer of Funds Requiring As-Of Adjustment

1031 N Request for Customer Drawdown

1032 D Transfer Honoring Request for Customer Drawdown

1033 N Refusal of Request for Customer Drawdown

1040 D Structured Transfer of Funds.

1090 N Service Message regarding Funds Transfer

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                    Foreign Funds Transfers

Type/Sub Acct. Status Description ~~~~~~~~ ~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~

1500 D Transfer of Funds

1501 N Request for Reversal of Current Day Foreign Account Transfer

1502 D Transfer of Funds Reversal

1503 D Transfer of Funds Return (Sent by FRB only)

1507 N Request for Reversal of Prior Day Foreign Account Transfer

1508 D Prior Day Transfer of Funds Reversal

1531 N Foreign Account Request for Funds

1532 D Transfer Honoring Request for Funds

1533 N Foreign Account Refusal of Request for Funds

1540 D Structured Funds Transfer

1590 N Service Message regarding Foreign Account Transfer

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                    Settlement Funds Transfer Messages

Type/Sub Acct. Status Description ~~~~~~~~ ~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 1600 D Transfer of Funds

1601 N Request for Reversal of Current Day Settlement Transfer

1602 D Transfer of Funds Reversal

1603 D Transfer of Funds Return (Sent by FRB only)

1607 N Request for Reversal of Prior Day Settlement Transfer

1608 D Prior Day Transfer of Funds Reversal

1620 D Funds Transfer Requiring As-Of Adjustment

1631 N Request for Bank-to-Bank Drawdown

1632 D Transfer Honoring Request for Bank-to-Bank Drawdown

1633 N Refusal of Request for Bank-to-Bank Drawdown

1640 D Structured Transfer of Funds

1690 N Service Message regarding Settlement Transfer

3004 N Check Return Item Notification

3006 N Check Return Item Cancellation

3009 N Check Return Item Duplicate Notification

3090 N Check Return Item Service Message

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                    Securities Transfer Messages.

Accounting status of message indicates how the message is to be processed into the SECURITIES balances of the FEDLINE Reserve Account Monitor from the standpoint of the original DI. For Securities messages, this should indicate the direction of the Cash side of the transaction.

Type/Sub Acct. Status Description ~~~~~~~~ ~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2000 C Security Transfer Message

2001 N Request for Reversal of Security Transfer

2002 C Reversal of Security Transfer

2008 N Request for Shipment of Definitive Agency Securities

2090 N Service Message regarding Securities Transfer

2500 C Original Issue (OI) Transfer (Sent by FRB or Agency only)

2501 N Request for Reversal of OI Transfer

2502 C Reversal of OI Transfer

2590 N Service Message regarding OI Transfer

2700 C Government Agency Securities Charge (Sent by FRB or Agency only)

2705 C Adjustment to Government Agency Securities (Sent by FRB or Agency only)

2790 N Service Message regarding Government Agency Securities Charge

2800 D Government Agency Securities Credit (Sent by FRB or Agency only)

2805 D Adjustment to Government Agency Securities (Sent by FRB or Agency only)

2890 N Service Message regarding Government Agency Securities Credit

8200 N Conversion of Security from BE to Bearer

8202 N Reversal of BE to Bearer Conversion (Sent by FRB or Agency only)

8800 N Conversion of Security from BE to Registered

8802 N Reversal of BE to Registered Conversion (Sent by FRB or Agency only)

8900 D Maturity Payment (Sent by FRB or Agency only)

8906 D Interest Payment (Sent by FRB or Agency only)

8990 N Service Message regarding Maturity and Interest Payments

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                    Message Status Codes

A list of status codes that may appear on the bottom of your screen while processing messages:

ENTRY CODES - assigned when a message is entered or intentionally withheld from transmission for a variety of reasons, such as insufficient Local Reserve Account Monitor funds. Includes messages which are not verified, or warehoused for future transmission.

                        ET  Entered Transaction
                        EH  Entered to be held
                        EW  Entered to be Warehoused
                        MC  Marked for Correction
                        MS  Marked for safe-stored

HELD CODES - assigned when a message is intentionally detained from further processing until a FEDLINE operator releases it.

                        HT Held Transaction (by operator)
                        HS Held by supervisory order
                        HM Held by account monitor
                        HO Held because terminal is off-line

LOCAL COMPLETION CODES - assigned when a message has been warehoused and verified or canceled.

                        VW Transaction Warehoused
                        CN Transaction Canceled
                        DN Done

TRANSMISSION CODES - assigned when a message is ready for transmission or after transmission has been completed.
The transmission status of a message is updated by Short Acknowledgments and responses from the host computer.

                        TQ Queued for Transmission
                        TC Transmission Completed
                        TH Transmission rejected by host
                        TU Transmission Unconfirmed
                        TA Transmitted and Accepted
                        TR Transmitted and rejected
                        TI Transmitted but intercepted

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                    Batch Status Codes

The following list of status codes describes the processing condition of an ACH batch. A status code appears in the upper right corner of the ACH batch header and batch balancing screens, as well as the Return Item and Notification of Change screens. Status codes can be used to retrieve batches from the Batch Selection Criteria Screens for further processing.

Entry Codes - assigned when a batch is created. Includes all batches which are balanced and ready for collection.

                        ET Entered
                        VR Verified / Balanced

Local Completion Codes - assigned when a batch has been canceled

                        CN Canceled

Transmission Codes - assigned when a batch is selected and queued for
transmission. Includes batches that were not transmitted due to an error.

                        CL Collected
                        IP Interrupted Processing

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                    File Status Codes

The following list of status codes describes the processing
condition of ACH files.

Entry Codes - assigned when a file is created or received.

                        ET File Created 
                        RC File Received

Local Completion Codes - assigned after an incoming file has been processed from the FRB.

                        RP File Received and Processed

Transmission Codes - assigned when a file is queued for transmission or after transmission has been completed. Includes files which were not transmitted due to some processing error.

                        TQ File created and queued in PC
                        TC Transmitted complete to host queue
                        IP Interrupted Processing

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