1Link Transactions

1Link utilizes advanced technology and security procedures to create a safe banking environment for members to conveniently perform everyday transactions online, like safekeeping trades, transferring funds, and initiating advances.

  • Safekeeping Benefits:
  • Review your entire Safekeeping Holdings portfolio — including pledged securities
  • Initiate transactions from the your Safekeeping Holdings List
  • Import Safekeeping trades from Excel spreadsheets directly into 1Link, allowing the processing of multiple transactions at the same time
  • Input multiple Safekeeping trades to be processed per transaction type
  • Funds Transfer Benefits:
  • Import Wire transactions from Excel spreadsheets directly into 1Link, allowing the processing of multiple wires at the same time
  • Export wire transaction detail to assist in the processing of your OFAC files
  • Process book wires to internal HLB accounts

As a reminder, our 1Link Wire Transfer Window closes at 4:00 pm each day.

  • Advances Benfits:
  • Short-term forward-start Advances available on Advance types listed below
  • See your entire Outstanding Advances Portfolio in real-time
  • Request real-time rate indications on Advance products where applicable

You can create the following Advance transactions through 1Link:

Type Term
Overnight 1 Day
(Automatically save 4 bps off the Overnight Advance rate through 1Link)
Short-Term Fixed 1 Week to Eleven Months
(Other user-defined maturity, but not greater than 330 days)
Repo 1 Week to 6 Months
(Other user-defined maturity, but not greater than 180 days)
Repo Over 6 Months to 11 Months
($25 million per transaction limit until noon)

Longer Term Repo & Fixed
 

Repo: Over 11 Months to 5 Years

Fixed: 1 to 5 Years
($25 million per transaction limit until noon)

 

Need help performing transactions? No problem.
Interactive online tutorials are available on 1Link to guide you every step of the way. After you log on, click on the "Tools" link on the upper right-hand side of the screen. Questions? Contact the 1Link Helpdesk at (800) 546-5101 or via email at 1linkhelpdesk@fhlbny.com.

The HLB will provide updates on additional advance products and terms that will be available in the 1Link system.

 

Questions?

mailEmail the 1Link Helpdesk.