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Services for Central Banks

The New York Fed, on behalf of the Federal Reserve System, provides correspondent and custodial banking services for central banks, monetary authorities and certain international organizations to facilitate their official financial operations.

Central Bank and International Account Services (CBIAS)
Central Bank and International Account Services, a function within the New York Fed's Markets Group, coordinates the delivery of banking services to its official customers, seeking to meet the needs of central banks and monetary organizations for management of U.S. dollar reserves and other operations in the U.S. dollar. CBIAS provides payment services, custodial services for securities and gold and investment services.

  • The Bank maintains approximately 250 individual account relationships.
  • At year-end 2006, customers held approximately $2 trillion in U.S. dollar-denominated assets at the Bank, about half of the world's official U.S. dollar reserves.
  • Customers execute between $100 and $200 billion in funds, securities, and investment transactions each day.

The Bank provides a secure website for the sole use of its official international customers. The site carries operational account information including service descriptions, guidelines and timeframes. Central bank customers can access contact information, holiday and fee schedules and service announcements.

If you are a customer and would like to gain access to the site, contact account.relations@ny.frb.org for a user id and password.