Fall Regulatory Summit

Internal Use Only

CDARS and ICS Services

RECIPROCAL FUNDING

ICS and CDARS Reciprocal Transactions An IntraFi network bank places funds at network banks and receives matching deposits in the same amount (and, with CDARS, for the same term) from other network banks.

ONE-WAY SELL

ICS and CDARS One-Way Sell® Transactions An IntraFi network bank may sell its excess CDARS or ICS deposits for fee income instead of receiving matching deposits.

ONE-WAY BUY FUNDING

ICS® and CDARS® One-Way Buy® Transactions An IntraFi network bank can purchase fixed- or floating-rate funding over short or long terms.

BNY Mellon — Custody, Settlement, Recordkeeping

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Internal Use Only

CDARS and ICS Reciprocal

The bank sets the interest rate for each customer and receives matching deposits in return.

BNY Mellon — Custody, Settlement, Recordkeeping

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