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Federal R eserve Bank OF DALLAS T O N Y J . S A L V A G G IO F IR S T V IC E PR E S ID E N T DALLAS, TEXAS ▼ ^ June 30, 1995 75265-5906 Notice 95-67 TO: The Chief Operating Officer of each financial institution in the El Paso, Houston, and San Antonio Territories SUBJECT New Return Item Reclearing Service DETAILS Beginning August 1, 1995, the El Paso, Houston, and San Antonio Offices of the Federal Reserve Bank of Dallas will offer an automatic R eturn Item Reclearing service. This service will enable your institution to realize cost savings by eliminating the need to handle returns for reclearing purposes and by improving availability. Institutions may elect to subscribe to this service at a $100 or $200 cut-off. Items being returned for the first time, within the selected cut-off, as “N SF” or “Uncol lected Funds” are eligible for reclearing. These items will be outsorted from our outgoing return item cash letter to your institution. We will redeposit the items on your behalf for a minimum daily fee of $2.50 for the first 10 items. Daily volumes exceeding ten items will be charged a per-item fee of 25 cents. MORE INFORMATION To subscribe to the R eturn Item Reclearing service or for more information on this service or other check-related issues, please contact Jane Pyke, (915) 521-8244, at the El Paso Office; Terry Murrell, (713) 652-1665, at the Houston Office; or M artin Ramsey, (210) 978-1500, at the San Antonio Office. For additional copies of this Bank’s notice, please contact the Public Affairs D epartm ent at (214) 922-5254. Sincerely, For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal Reserve Bank of Dallas: Dallas Office (800) 333 -4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston Branch Intrastate (800) 392-4162, Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)