OTCnet News and Updates

Upcoming: Release 4.13.1

The Over-the-Counter Network (OTCnet) application will be updating to Release 4.13.1 on Saturday, October 18, 2025. In this update, the Voucher Date for U.S. currency deposits can be set up to five business days in advance. Please note, the Date of Deposit will still be automatically set to the current system date. Also, the Comments field will be made available to provide more notes about the deposit. The Deposit Confirmer will be required to provide an explanation in the Comments field if the Voucher Date is not the same as the Date of Deposit.

OTCnet Training

The OTCnet Training Site offers User Guides, step-by-step Printable Job Aids, and training tutorials for key OTCnet user roles to help Agencies, Financial Institutions (FIs), and the Federal Reserve Bank (FRB) with a wide range of topics and user tasks. The Training Resources website offers user-friendly guidance for onboarding, updates, and current training offerings.

Training Tip: For managing deposit adjustments, it is recommended to include the original deposit information so the adjustment can be easily linked to the original deposit for reporting purposes. You can find the original deposit information when you search for a deposit. On the search deposit page, you can search for any confirmed deposits and view the original deposit information. You should have key data (e.g., original date of deposit, original voucher number, ALC, OTCnet endpoint) available before populating the fields to avoid any errors.

New OTCnet Refresher Webinar Series

Join us for OTCnet Refresher Webinars that will address pain points, offer training tips, and include live demonstrations to help you improve your performance in the OTCnet application! The open Q&A session will allow you to ask questions and receive expert advice from the OTCnet team. See below for the upcoming lessons and topics that are covered:

Card Processing Updates and Workflows (October 21, 2025, 1:30 PM ET)
This session will review the card processing updates (e.g., card reader models), key workflows, and integrated solution with credit/debit cards in the OTCnet application.

*NEW DATE* Check Processing Forms and Workflows (November 20, 2025, 1:30 PM ET)
This session will review the check processing forms (e.g., Agency Site Profile) and key workflows (e.g., capturing, editing, and voiding checks, and managing batches) in the OTCnet application.

OTCnet Overview and 2025 Updates (December 11, 2025, 1:30 PM ET)
This session will review the OTCnet payment processing options to help you discover the best fit for your organization. We’ll break down the Five-Step process to onboard OTCnet and key training resources.