Over-the-Counter Sales
Over-the-Counter Sales
Savings bond agents can sell and redeem United States Savings Bonds for their customers. There are now two ways for financial institutions to sell savings bonds:
Fully Automated Internet Method - OTC Direct
With OTC Direct, the process is fully automated for your customer with a direct link to us, and payment is made by ACH debit. You can simply add an OTC Direct link to your self-service kiosks and let your customers order savings bonds.
We do not pay fees for OTC Direct transactions.
Full-Service Method
With the traditional over-the-counter method, you collect the completed purchase order and funds for the savings bond from the customer and submit the order to the Treasury Retail Securities sites. Automated orders may be submitted using Savings Bonds Direct®. Paper orders may be mailed to the Treasury Retail Securities Sites. After the order is processed by the Treasury Retail Securities sites, the bond is mailed to the customer.
Fees
Many financial institutions participate through the Treasury Retail Securities sites in the savings bonds program that provides for the purchase and inscription of savings bonds over-the-counter at banks or credit unions. Fees for these services depend on the method used to send the purchasing information to the Treasury Retail Securities sites.
| Issuing agent is authorized to inscribe bonds sold over-the-counter and report sales in an electronic format. | 85¢/bond |
| Issuing agent participates by sending a paper application to the Treasury Retail Securities sites for inscription. | 50¢/bond |
| Issuing agent participates by sending automated files to the Treasury Retail Securities sites. | 85¢/bond record |
Learn more about how fees are paid.
Become a Savings Bond Agent
Find out about how to become an agent by reading Savings Bonds-An Easy Addition to Your Financial Services Portfolio.
This informative brochure, published by the Federal ReserveTreasury Retail Securities sites, is for financial institutions interested in becoming savings bond agents.
