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F ederal Reserve Bank

DALLAS. TEXAS

of

Dallas

75222
Circular No. 81-158
July 31, 1981

INFORMATION DIRECTORIES RELATING
TO CHECKS AND ACH PRICING EFFECTIVE AUGUST 1, 1981

TO THE DEPOSITORY INSTITUTIONS ADDRESSED
IN THE ELEVENTH FEDERAL RESERVE DISTRICT:
In regard to the implementation of pricing for checks and
automated clearing house (ACH) services effective August 1, 1981, there are
attached two directories applicable to the Dallas office of the Eleventh
Federal Reserve District.
These directories should facilitate your iden­
tification of all priced services as well as contribute to your ease of access
to the appropriate work unit or area within this Bank whenever your
institution has an inquiry or reconcilement difficulty.
Specifically, the Pricing Code Directory is a recapitulation of all
current pricing codes applicable to the four general areas which are priced at
this time: ACH, Checks, Net Settlement, and Transfers of Funds. The three­
digit numerical pricing code shown in the Pricing Code Directory identifies the
specific service being priced to your institution. In relating the pricing code
to the daily Reserve Account Statement, it may be identified as the first
component of the three-column pricing section shown on your daily Reserve
Account Statement. (As you will recall, the pricing section is a memorandum
item on the Reserve Account Statement and indicates tentative charges for
priced services; actual charges for priced services are deferred until
approximately three weeks after the close of any billing cycle, i.e., related
charges are made on the third Thursday a fter the close of any billing cycle.)
In all cases, the memorandum charge for services shown in the pricing section
of the Reserve Account Statement may be directly identified with the related
service which is more fully described in the "Description/Reference In­
formation" column of the Reserve Account Statement.
The Directory for Service Charge Assistance should be a conve­
nient reference for your personnel in the reconcilement area in the event
there needs to be an inquiry to this Bank regarding a clarification or problem
with any volume and/or related priced charges. Your institution is encouraged
to contact us if there is any difficulty or apparent discrepancy with pricing
as noted on either the daily Reserve Account Statem ent or the preliminary or
Final Statement of Service Charges.

B a n k s a n d o t h e r s a r e e n c o u r a g e d to us e th e fo llo w in g in c o m in g W A T S n u m b e r s in c o n t a c t in g th is Bank:
1-800-442-7 140 ( in tr a s t a te ) a n d 1-800-527 -9 20 0 (in te r s ta te ). Fo r c a lls p l a c e d lo cally , p l e a s e u s e 651 plu s th e
e x t e n s io n refe rred to ab ove.

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

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In the reconcilement area, it is contemplated that your institution
will make a reconcilement with the detailed information shown on the daily
Reserve Account Statement. The Preliminary or Final Statement of Service
Charges will serve to provide an overall balance control to substantiate the
daily service charges accumulated.
However, it is stressed that the
Preliminary and Final Statem ent of Service Charges provide only summary
information according to the related pricing code category.
Since the
Preliminary and Final Statem ent of Service Charges does provide only
summary information, it is noted that some of the unit cost charges shown on
that statem ent are actual while others are average unit costs. This is
especially true in the checks area where various prices are derived based on
different end processing points. In these instances, average unit cost is simply
derived from the total cost divided by the total volume for any given day; it
would have the similar effect as a weighted average. However, since this
statem ent is only a summary, any related questions must be indexed to the
appropriate daily Reserve Account Statem ent where more detailed information
is shown.
Additional directories will be furnished upon request to the
Accounting Department, (214) 651-6132, 6133, or 6134. If you have any
questions in regard to the directories, please contact Ms. Evelyn Thomas or
Allan Neale.
Sincerely yours,

William H. Wallace
First Vice President
Attachment

FEDERAL RESERVE BANK OF DALLAS

PRICING CODE DIRECTORY
FOR YOUR CONVENIENT REFERENCE, THERE IS SHOWN BELOW A
OF ALL CURRENT PRICING CODES WHICH MAY BE POSTED IN THE PRICING
COLUMN OF THE DAILY RESERVE ACCOUNT STATEMENT. THIS DIRECTORY
BE USED IN CONJUNCTION WITH THE DAILY RESERVE ACCOUNT STATEMENT
IDENTIFYING PRICING SERVICE CHARGES.
SERVICE
CATEGORY

SERVICE DESCRIPTION

LIST
CODE
SHOULD
IN

PRICING CODE

ACH
ACH INTRAZONE SERVICES
ACH INTERZONE SERVICES
CHECKS
CONSOLIDATED SURCHARGE
OTHER FED-CASH LETTER
CITY CASH LETTER
CNTRY, RCPC, MIX CASH LTR
PCKG SORT CASH LETTER
GROUP SORT CASH LETTER
NON-MACHINEABLE CASH LTR
NET SETTLEMENT
NET SETTLEMENT
NET SETTLEMENT
NET SETTLEMENT
TRANSFERS OF
TRANSFER
TRANSFER
TRANSFER
TRANSFER
TRANSFER

FUNDS
OFFUNDS
OF FUNDS
OF FUNDS
OFFUNDS
OF FUNDS

ONLINE
OFFLINE
ADVISEMENT
- ONLINE
- OFFLINE
- ADVISEMENT (TYPE CODE 12)
- STANDING ADVICE
- REQUEST FOR PAYMENT
(TYPE CODE 31)

170
171
201
202

203
204
205
206
207
016

220
221

100
102
101
104
105

PLEASE RETAIN FOR YOUR REFERENCE
ADDITIONAL COPIES AVAILABLE FROM THE ACCOUNTING DEPARTMENT
JULY 1981

FEDERAL RESERVE BANK OF DALLAS

DIRECTORY FOR SERVICE CHARGE ASSISTANCE
THERE IS LISTED BELOW THE APPROPRIATE WORK UNIT TO CONTACT
REGARDING SERVICE CHARGE QUESTIONS OR ADJUSTMENTS RELATIVE TO THE
SERVICE DESCRIBED. THIS DIRECTORY SHOULD BE USED IN CONJUNCTION WITH
THE DAILY RESERVE ACCOUNT STATEMENT AND/OR THE PRELIMINARY AND FINAL
STATEMENT OF SERVICE CHARGES.
SERVICE
CATEGORY

WORK UNIT
(TELEPHONE EXTENSION)

SERVICE
DESCRIPTION

ACH
ACH INTRAZONE SERVICES
ACH INTERZONE SERVICES

ACH (6403)
ACH (6403)

CHECKS
OTHER FED-CASH LETTER
CITY CASH LETTER
CNTRY, RCPC, MIX CASH LTR
PCKG SORT CASH LETTER
GROUP SORT CASH LETTER
NON-MACHINEABLE CASH LTR
CONSOLIDATED SURCHARGE
(For cash letters sent to other FRB's)
NET SETTLEMENT
NET SETTLEMENT
NET SETTLEMENT
NET SETTLEMENT

ONLINE
OFFLINE
ADVISEMENT

TRANSFERS OF
TRANSFER
TRANSFER
TRANSFER

FUNDS
OF FUNDS - ONLINE
OF FUNDS - OFFLINE
OF FUNDS - ADVISEMENT
(TYPE CODE 12)
TRANSFER OF FUNDS - STANDING ADVICE
TRANSFER OF FUNDS - REQUEST FOR PAYMENT
(TYPE CODE 31)

number is temporary.

ADJUSTMENTS
(698-4261)*
DIRECT SENT C/L (6116)

PAYMENTS MECHANISM (6236
PAYMENTS MECHANISM
OR
PAYMENTS MECHANISM 6238)
TRANSFERS OF FUNDS (6106
TRANSFERS OF FUNDS
OF FUNDS
TRANSFERS
OF FUNDS
TRANSFERS

6108)

TRANSFERS OF FUNDS

shortly.
A revised number(s) will be issued

Banks and others are encouraged to use the following incoming WATS 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, except as noted.

PLEASE RETAIN FOR YOUR REFERENCE
ADDITIONAL COPIES AVAILABLE FROM THE ACCOUNTING DEPARTMENT

JULY 1981

OR

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