View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F ederal

reserve

Bank

DALLAS. TE X A S

of

Dallas

75222

Circular No. 81-133
July 6, 1981

MOCK BILLING CYCLES FOR
PRICING OF CHECKS AND ACH SERVICES
TO THE CHIEF OPERATING OFFICER
OF ALL DEPOSITORY INSTITUTIONS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
Beginning July 9 through July 22, 1981, the daily Reserve Account State­
ment furnished by this Bank will reflect a memorandum pricing charge for checks
and ACH services. These pricing charges will be made on the daily Reserve Account
Statement in order to accommodate a "mock" billing cycle for the weeks of July 9-15
and July 16-22. Of course, it is stressed that the actual pricing for checks and ACH
services will not begin until August 1, 1981. Therefore, all checks and ACH items,
which appear on the daily Reserve Account Statement during the July 9-22 mock bill­
ing cycle, will be denoted with an asterisk for the related mock billing charge as
shown at the far right-hand portion of the statem ent.
In addition, it is noted that this Bank will temporarily revert to a weekly
billing cycle for each week of the two-week mock billing cycle in order to acquaint
all appropriate depository institutions with the billing process for checks and ACH
services. However, the preparation of the two weekly billing statem ents will not sup­
plant the usual monthly billing statem ent for July which ends on July 29, 1981.
If you have any questions in this regard, please contact Allan Neale, (214)
651-6334 at the Head Office; Javier Jiminez, (915) 544-4730, El Paso Branch; Rodney
Franklin, (713) 659-4433, Houston Branch; and Rene' Gonzales, (512) 224-2141, San
Antonio Branch.
Sincerely yours,

William H. Wallace
First Vice President

Banks and others are encouraged to use the following incoming W A T S numbers in contacting this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the
extension referred to above.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102