Letters of Credit Resources
New Letters of Credit System Launches October 21
Starting Monday, October 21, you will see more online options for using Letters of Credit (LOCs) with FHLB Dallas. The new system provides online functionality to request direct, custodial and confirmation LOCs, including those with the evergreen, fluctuating balance or community investment options. The new functionality enables you to pledge under a custodial LOC, as well as modify and release pledges. Until now, many of these products could only be requested via fax or email. Additionally, you may now amend LOCs online, increasing the amount or term, as well as upload supporting documentation instead of emailing. You will also have access to expanded reporting options.
To Help in the Transition
FHLB Dallas has made available several training videos and user guides to assist members in using the new system.
Other Resources
Members may also use the training resources below. Is there something we missed? Please use the feedback form below to request additional resources.
Direct Letters of Credit
Get a sneak peak and instructions on using the new Letters of Credit system.
