Banks in the United States can get plugged in to the euro and its challenges through the Federal Reserve Bank of New York and its World Wide Web site.

The New York Fed is sponsoring a Payments Risk Committee, a group of senior managers from major U.S. banks, including Bank of America, Bankers Trust Co., Bank of New York, Chase Manhattan Bank, Citibank, First Chicago NBD, J.P. Morgan & Co., and State Street Bank and Trust Co.

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