The FR 2225 was implemented in March 1986 as part of the procedures used to administer the Federal Reserve's Payments System Risk (PSR) policy. A key component of the PSR policy is a limit, or a net debit cap, on an institutionÂs negative intraday balance in its Reserve Bank account. The Federal Reserve calculates an institutionÂs net debit cap by applying the multiple associated with the net debit cap category to the institutionÂs capital. For foreign banking organizations (FBOs), a percentage of the FBOÂs capital measure, known as the U.S. capital equivalency, is used to calculate the FBOÂs net debit cap. The FR 2225 reporting form collects information needed to identify the respondent and its fiscal year end and to determine its capital and assets for purposes of daylight overdraft monitoring.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form FR 2225 Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks
FR2225.201012_83c.pdf
Annual Daylight Overdraft Capital Report for U.S. Branches and Agencies of Foreign Banks