Discount Window & Payment System Risk Contact Information for Chicago
Guidelines
- Cover Letter
This form must accompany your monthly collateral schedule. Please also see the section below, "Send a collateral schedule via secure email." - Collateral Schedule
This template should be used as a guide in developing the collateral schedule to be submitted to the Federal Reserve Bank of Chicago on a monthly basis. For a list of required fields, please see the BIC Program Guidelines
Borrower-In-Custody of Collateral Certification
BIC program participants are required to complete a BIC Program Application and indicate each pledged loan type in the application prior to enrollment in the BIC program.
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BIC Program Application
Once enrolled in the BIC program, participants are required to complete a recertification yearly, unless the FRBC indicates otherwise. Participants will be notified by the BIC Program Coordinator when they need to complete the recertification form. -
Yearly Collateral Recertification Form for All BIC Participants
The Collateral Recertification below is in Microsoft Word format; responses can be entered in the shaded boxes within the document.
Send a collateral schedule via secure email
- Visit the Federal Reserve Secure Message Center, https://secureemail.federalreserve.com, and register or login to send us secure email. Once you have logged into the Federal Reserve Secure Message Center, you can send cover letters and collateral schedules to collateral@chi.frb.org.
- Use of the Federal Reserve Secure Message Center or another secure email method to transmit loan information is a requirement for pledging loan collateral.
- Please let us know if you have additional questions.