---
kind: "section"
citation: "22 U.S.C. § 285d"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "285d"
heading: "Federal Reserve banks as depositories"
release: "119-102"
url: "https://uscodex.org/usc/22/285d"
units:
  - "Chapter 7 — International Bureaus, Congresses, Etc."
  - "Subchapter XIV — Asian Development Bank"
---

# §285d. Federal Reserve banks as depositories


Any Federal Reserve bank which is requested to do so by the Bank 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

(Pub. L. 89–369, § 6, Mar. 16, 1966, 80 Stat. 72.)