---
kind: "section"
citation: "22 U.S.C. § 282d"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "282d"
heading: "Federal Reserve banks as depositories"
release: "119-102"
url: "https://uscodex.org/usc/22/282d"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XI — International Finance Corporation"
---

# §282d. Federal Reserve banks as depositories


Any Federal Reserve bank which is requested to do so by the [Corporation](/usc/22/7702.md?p=6) shall act as its depository or as its fiscal agent, and the [Board](/usc/22/2431a.md?p=4) of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.


## Source credit

(Aug. 11, 1955, ch. 788, § 6, 69 Stat. 669.)