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Federal R eserve Bank O F DALLAS WILLIAM H. WALLACE F IR S T V ICE P R E S ID E N T „ , , September 5, 1986 DALLAS, TEXAS 75222 Circular 86-80 TO: All depository institutions in the Eleventh Federal Reserve District SUBJECT New service charges for special Accounting Services DETAILS Effective October 1, 1986, the Federal Reserve Bank of Dallas and its branches will begin charging new fees for special Accounting Services. A depository institution that maintains a clearing account will be allowed to pay for these services with earnings credits from that account provided sufficient earnings credits are available. The Accounting Services and their fees are as follows: . RESERVE ACCOUNT DRAFTS. . . . . . . . . . . . . . . . . . . .$7.00 A Reserve Account Draft may be issued on an institution's account with the Federal Reserve Bank of Dallas as an alternate means of payment to another institution. The fee for this service will be increased from $5.00. STOP PAYMENTS ON RESERVE ACCOUNTDRAFTS . . . . . . . $12.00 DUPLICATE COPIES OF RESERVE ACCOUNTSTATEMENTS. . .$3.00 A Daily Reserve Account statement is provided to each depository institution that has a Reserve Account or Clearing Account. One copy is provided to our customers, free of charge. Duplicate copies are available on request or on a standing order basis. RESERVE ACCOUNT T A P E S. . . . . . . . . . . . . . . . . . . .$5.00 . This is a reel of magnetic tape containing all the Reserve Account Statement information. The tape was designed for depository institutions wishing to automate the reconcilement of the entries posted to their Reserve Account. For additional copies of any circular please contact the Public Affairs Department at (214) 651-6289. Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank (800) 442-7140 (intrastate) and (800) 527-9200 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - DUPLICATE COPIES OF BILLING STATEMENTS. . . . . . . . . . .$3.00 A daily or weekly "Advice of Service Charges" and a monthly "Billing Statement" is provided to each depository institution incurring service charges. One copy of each advice or statement is provided free of charge. Duplicate copies are available on request or on a standing order basis. BILLING RECONCILEMENT T A P E S. . . . . . . . . . . . . . . . . . . $5.00 This is a reel of magnetic tape containing all of detailed information included in the "Advice of Service Charges". The tape was designed for depository institutions wishing to automate the reconciliation of service charges due to the Federal Reserve Bank of Dallas. OFFLINE CONTEMPORANEOUS RESERVE REQUIREMENT "WHAT I F ". . . . . . . . . . .$5.00 Depository institutions may perform a "What-if" calculation that will allow FR2900 weekly reporting institutions to calculate their Contemporaneous Reserve Requirement (CRR) using estimated or actual data. Institutions that have access to the RESPONSE network may access this "What-if" calculation online at no charge. M R INFORMATION OE For additional information on obtaining one of these services, please contact one of these individuals: RESERVE ACCOUNT DRAFTS STOP PAYMENTS RESERVE ACCOUNT TAPES DUPLICATE COPIES OF RESERVE ACCOUNT STATEMENTS Contact: Mark Hausheer (214) 651-6136 DUPLICATE COPIES OF BILLING STATEMENTS BILLING RECONCILEMENT TAPES (214) 698-4310 Contact: Maria DeSantiago Marilyn Shed (214) 698-4431 CRR "WHAT-IF" Contact: Reserve Maintenance or (214) 651-6407 Sincerely yours, A—