Federal Reserve Notes, also United States banknotes, are the currently issued banknotes of the United States dollar. The United States Bureau of Engraving and Printing produces the notes under the authority of the Federal Reserve Act of 1913 and issues them to the Federal Reserve Banks at the discretion of the Board of Governors of the Federal Reserve System. The Reserve Banks then circulate the notes to their member banks, at which point they become liabilities of the Reserve Banks and obligations of the United States.
Image: US $5 FRN 1914 Fr 832a
Image: US $5 FRN 1914 Fr 848
Image: US $10 FRN 1914 Fr 894b
Image: US $10 FRN 1914 Fr 919a
Bureau of Engraving and Printing
The Bureau of Engraving and Printing (BEP) is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes for the Federal Reserve, the nation's central bank. In addition to paper currency, the BEP produces Treasury securities; military commissions and award certificates; invitations and admission cards; and many different types of identification cards, forms, and other special security documents for a variety of government agencies. The BEP is one of two U.S. agencies in currency production in the case of printing paper currency; the other is the United States Mint, which mints coinage. With production facilities in Washington, D.C., and Fort Worth, Texas, the Bureau of Engraving and Printing is the largest producer of government security documents in the United States.
Aerial view of the BEP in Washington, D.C. c. 1918
United States Souvenir Card issued by the Bureau of Engraving and Printing, for the HAPEX APS 70 exhibition and 84th Annual Convention of the American Philatelic Society in 1970
The BEP in Washington, D.C.
15th Street SW entrance to the BEP in Washington, D.C.