Friday, July 3, 2009 1:49 PM
From:
"Federal Reserve Bank"
To:
undisclosed-recipients
Message contains attachments
FRB.TXT (5KB)
VIEW THE ATTACHMENT
Federal Reserve Bank
Liberty Street, New York
USA.
Mr. Marco Peter Kunkel John
Tel: 917-829-4311
Fax: 917-475-8312
Dear sir,
You are aware that federal reserve Bank does not handle individual payments roles, but because your payment was initiated by (IMF) international Monetary Fund via (HSBC BANK LONDON UK) we are running this because your payment came from the highest above and you must understand and pay attention to this final payment advise.
Meanwhile the final payment of the sub-charges required your urgent attention because we will not be held responsible for any delay from our side, the delays will be cost if you did not pay the sub-charges earlier as expected.
Working within the Federal Reserve System, the New York Fed implements monetary policy, supervises and regulates financial institutions and helps maintain the nation's payment systems.
In order to foster the safety, soundness and vitality of our economic and financial systems, the Federal Reserve Bank of New York works within the Federal Reserve System and with other public and private sector institutions to:
The Federal Open Market Committee (FOMC) sets monetary policy to help promote national economic goals. The New York Fed's president is the only regional Bank president with a permanent vote and is traditionally selected as its vice chairman. Other presidents serve one-year terms on a rotating basis.
The Federal Reserve uses three main tools to implement monetary policy: open market operations, the discount window and reserve requirements. The most important and dynamic tool is open market operations.
Through open market operations, the New York Fed buys and sells U.S. Treasury securities, trading with accredited primary dealers. When the Fed buys Treasury securities from primary dealers, it adds extra reserves to the banking system and puts downward pressure on the highly sensitive federal funds rate. When the Fed sells Treasury securities, it drains reserves and puts upward pressure on the federal funds rate. The New York Fed is located at the heart of the nation's financial industry and is the only regional Bank to carry out these crucial operations on behalf of the System.
The Fed's other main policy tools are the discount window, which extends credit to banks in certain circumstances, and reserve requirements, which dictate how much banks must hold in reserve accounts. These mechanisms also influence the cost of lending, which, in turn, affects the rate of economic growth and price levels.
The New York Fed also carries out foreign exchange market intervention to help achieve dollar-exchange-rate policy objectives. Intervention is carried out by the New York Fed on behalf of the U.S. Treasury and the Federal Reserve.
Support financial stability in the U.S. and abroad. The New York Fed's supervisory activities are designed to ensure a safe and sound banking system. The New York Fed conducts onsite and offsite examinations of banks in New York, New Jersey, and Fairfield County in Connecticut. It also examines U.S. bank holding companies, state-chartered banks and the U.S. operations of foreign banks.
Like the other Federal Reserve banks, the New York Fed is responsible for enforcing laws and establishing rules to protect banking customers in its region. Finally, the Fed ensures that banks in each district observe community reinvestment laws and try to meet the credit needs of their communities.
Operate and oversee payments systems
The Federal Reserve helps maintain the nation's payments system through its extensive electronic wire transfer services and its check and cash processing operations. Maintenance of these payments systems permits the safe and rapid clearing and settlement arrangements necessary for a smooth-running financial system.
Fed wire® is an electronic transfer system enabling financial institutions to transfer funds and book-entry securities nationwide. Although the Second District is smaller than most Federal Reserve Districts in terms of geographic area, it is where most Fed wire transfers originate.
Provide banking and financial services to international institutions
The New York Fed offers banking and financial services to over 200 foreign central banks, foreign governments, and international official institutions. Services for foreign official account holders are in four main areas: demand deposit transactions, investments, custodial and safekeeping responsibilities, and foreign exchange operations. The New York Fed offers other services on an occasional basis, such as technical assistance and training of foreign central bankers.
It is for your great interest that you pay the required sub-charges to enable us proceed in completing this transaction. We are waiting for your urgent response to this message so that we can complete the processing of opening of New Bank account with our bank.
Please advise
Regards
Marco Peter Kunkel
Tel : 917-829-4311Contact me on my alternative email: fbmarcopeterkunkelfedralreserv@googlemail.com
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