ATP 1-06.3 — Banking Operations
ATP 1-06.3 governs Army banking operations, contingency banking, host nation banking support, and banking and E-commerce systems.
- Publication number: ATP 1-06.3
- Title: BANKING OPERATIONS
- Date: 01/23/2015
- Proponent: T2COM
- Status: ACTIVE
View ATP 1-06.3 on armypubs.army.mil
It covers Army banking organizations, host nation banking infrastructure, financial technology, payment systems, the Army Banking Assistance Center, and banking officer tasks. It requires coordination, analysis, approvals, oversight, and the use of electronic payments during contingency operations.
Applies to: ATP 1-06.3 applies to the Active Army, Army National Guard/Army National Guard of the United States, and the United States Army Reserve unless otherwise stated.
Topics covered
- Contingency banking operations
- Host nation banking infrastructure
- Limited Depositary Accounts
- Electronic Funds Transfer
- Military banking facilities
- Army Banking Assistance Center
- Banking officer tasks
Questions and answers
Who does ATP 1-06.3 apply to?
ATP 1-06.3 applies to the Active Army, Army National Guard/Army National Guard of the United States, and the United States Army Reserve unless otherwise stated. (paragraph 5-1)
Who can authorize a bank branch on a military installation?
The authority to establish a physical bank branch on any military installation, regardless of the location, rests solely with the Secretary of the Military Department concerned (or designee), in accordance with the DODFMR 7000.14-R, volume 5, chapter 34, and the Department of Defense Instruction 1000.11 to establish a financial institution on any DOD installation regardless of the location. (paragraph 2-16)
What must an installation commander submit to establish a foreign bank?
The installation commander must submit a signed formal written request through their Army Service component command, to OASA (FM&C), Attn: U.S. Army Banking Officer, 109 Army Pentagon, Washington, D.C., 20310, for approval. (paragraph 2-18)
How must Army FMSUs make EFT payments?
Army FMSUs will use ITS.gov to make EFT payments regardless of currency. (paragraph 3-3)
How close to zero should an LDA balance remain?
Ensure that the FMSU is maintaining the LDA balance as near zero as possible or not to exceed a 5 to 7 day business supply (provide assistance in determining the optimal account balance). (paragraph 5-10)