The U.S. Department of the Treasury is introducing OTCDirect, a web-based bank lobby service for your customers to order paper savings bonds. With a link to the TreasuryDirect® web site, your customers can order bonds directly from Treasury and pay with an ACH (automated clearing house) debit.
OTCDirect will help to introduce your customers to TreasuryDirect and lower your processing costs for selling paper bonds over the counter. Here's how it works:
For more information on OTCDirect or to get a free demo, visit www.treasurydirect.gov/instit/savbond/otc/otc_otcdirect.htm, send an e-mail to OTCDirect@bpd.treas.gov or call the OTCDirect team at 304-480-6588.
Fed in Print: An index of the economic research conducted by the Fed.