ATTENTION: CAPS ACH CREDIT / FED WIRE CUSTOMERS:

On June 30, 2005 the USPS will no longer accept ACH Credit  or  Fed Wire deposits to your  CAPS account through Bank of America.  Your ACH Credit or Fed Wire deposit transactions MUST be routed through the Wells Fargo Bank.

See specific instructions on where to route your CAPS  ACH Credit or Fed Wire deposit transactions below . 

FAILURE TO MAKE THIS CHANGE  WILL RESULT IN YOUR ACH CREDIT OR FED WIRE BEING RETURNED TO YOU AND YOUR MAILINGS BEING HELD OR RETURNED FOR LACK OF SUFFICIENT FUNDS IN YOUR ACCOUNT.

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I.       INFORMATION IN ACH CREDIT

A.       Banking Information

The following PostalOne!/CAPS Banking Information applies to ACH Credit (DO NOT USE FOR WIRE!):

The Bank account Number 8777XXXXXXXXX is the USPS ACH account number assigned to each of the PostalOne!/CAPS account. The XXXXXXXXX is your 9-digit PostalOne!/CAPS account number (precede by zeros if your PostalOne!/CAPS account number is less than 9 digits).  For example, if your PostalOne!/CAPS account number is 12345, you would use 8777000012345 for your bank account number.  This field must be 13 characters in length to process successfully.

The preferred data format for originating an ACH credit payment is CCD (Cash Concentration or Disbursement).  However, due to some PC package limitations, CTX (Corporate Trade Exchange) format are is also acceptable.  In addition, the CAPS banking information in the preceding table (data structure descriptions) must conform to the standards defined by National Automated Clearing House Association (NACHA).  Please contact your bank representative about your bank’s processing requirements.

B.      PostalOne!/CAPS Account Number Information

Based on the ACH format you choose to use, here is a list of fields for your PostalOne!/CAPS account number:

1.       For CCD-format, you can enter your PostalOne!/CAPS account number in the following fields:

§       Data element Identification Number, positions 40-54.

§       Data element Receiving Company Name, positions 55-76.

§       Data element Payment Related Information, addenda record positions 04-83.       

2.  For CTX-format, the following fields can be used:

§       Data element Identification Number, positions 40-54.  OR

§       Data element Receiving Company Name/ID Number, positions 59-74.

§       Do not use the Payment Related Information, addenda record positions 04-83.

II.       INFORMATION IN WIRE TRANSFER

A.       Banking Information

The following CAPS Banking Information applies to Wire Transfer (DO NOT USE for ACH Credit):

B.       PostalOne!/CAPS Account Number Information

  Your PostalOne!/CAPS account Number is 8777XXXXXXXXX, where XXXXXXXXX is your PostalOne!/CAPS ID (precede with zeros if your ID is less than 9 digits).

For wire transfer to your PostalOne!/CAPS account, you can use the following fields to enter your PostalOne!/CAPS account number:

§       Originator to Beneficiary Information (OBI), position 6000. OR

§       Reference for Beneficiary, position 4320 OR

§       Payment Detail, position 70.  DO NOT use position 72.

You can use Originator field, position 5000, to enter your company name and address.