The Federal Home Loan Bank of New York ("HLB") is pleased to launch our new Global Authorization Form ("Form"). This new master Form eliminates the requirement for our Members to execute multiple signature and authorization forms. One all-inclusive Form will now be executed for each individual authorized to execute wires, advances, securities safekeeping trades, letters of credit and transactions via 1Linksm. The following signature forms will be eliminated:
- HLB-108: Wire Transfer Authorization and Agreement
- HLB-111: Advances and Advance Commitment Signature Form
- HLB-112: Securities Safekeeping Signature Form
- HLB-115: Letters of Credit Signature Form
- HLB-107: 1Link User Profile Authorization Form
The HLB will commence in early March to mail pre-filled Forms to your Corporate Secretary or Assistant Corporate Secretary. The pre-filled forms contain the entitlements for each of your staff personnel as of the mailing date, based on their authorizations currently on file with the HLB. The mailing of the pre-filled forms will be completed by 3rd quarter 2008. Members are required to return the pre-filled Forms bearing the signatures of the authorized individual, Corporate Secretary or Assistant Corporate Secretary and Attester within 30 days of receipt. For your convenience, a pre-paid Federal Express label and envelope addressed to the HLB will be included in the mailing.
Effective Monday, March 3, 2008 the following forms are no longer available and accepted: HLB-108*, HLB-111, HLB-112, HLB-115 and HLB-107.
For a sneak preview of the new interactive Form, click here.
If you have any questions about this new Form, please call our toll free Help Desk at 1-800-546-5101 and press 2 for assistance. You may also contact John Ryjacek at 212-441-6711, Shirley Hemphill at 212-441-6709 or your Calling Officer at 212-441-6700. We value your membership in the HLB and appreciate your business.
* HLB-108: Wire Transfer Terms and Conditions (formerly Wire Transfer Authorization and Agreement) In accordance with HLBNY's Funds Transfer security procedures, the revised HLB-108 form will be provided to you on an annual basis with the update of the user test codes.