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Federal Reserve Bank OF DALLAS HELEN E. H OLC OM B FIRST VICE PRESIDENT AND CHIEF OPERATING OFFICER DALLAS, TEXAS November 1 1996 752 6 5 -59 0 6 ’ Notice 96-114 TO: The Chief Operating Officer of each financial institution in the Eleventh Federal Reserve District SUBJECT 1997 Fee Schedules for Services DETAILS The Board of Governors has announced the 1997 fee schedules for services provided by the Reserve Banks. The fee schedules apply to automated clearinghouse (ACH), transfer of funds and net settlement, noncash collection (through the Jackson ville Branch of the Federal Reserve Bank of Atlanta), book-entry securities, and elec tronic connections to the Federal Reserve. Changes in existing check collection and electronic check services fees are included with this announcement. If a check service is not listed, there will be no change in the fee. A complete list of products, deadlines, and availability will be distributed later in November. There will be no change in the fee charged by the El Paso and San Antonio Offices for registered mail shipment of currency and coin at this time. ATTACHMENTS The 1997 fee schedules for the Federal Reserve Bank of Dallas are attached. 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) MORE INFORMATION If you have any questions regarding the 1997 fee schedules, please contact the persons listed below. For additional copies of this Bank’s notice, please contact the Public Affairs Department at (214) 922-5254. Sincerely, SERVICE CONTACT PERSON & PHONE NUMBER OFFICE Automated Clearinghouse Billy Musgrave (214) 922-6488 All Offices Transfer of Funds Nancy Barton (214) 922-6746 All Offices Book-entry Securities Nancy Barton (214) 922-6746 Dallas Electronic Connections Robert Boyanton (214) 922-5450 All Offices Noncash Collection Chris Oakley (904) 632-1003 Jacksonville Check Collection and Net Settlement Terry Campbell (214) 922-6603 Eloise Guinn (915) 521-8201 Luke Richards (713) 652-1544 Herb Barbee (210) 978-1402 Dallas El Paso Houston San Antonio ELEVENTH FEDERAL RESERVE DISTRICT Dallas Houston El Paso San Antonio 1997 FEE SCHEDULES FOR: Automated Clearinghouse Check Collection and Electronic Check Services Transfer of Funds and Net Settlement Book-Entry Securities Electronic Connections and SIXTH FEDERAL RESERVE DISTRICT Jacksonville Branch 1997 FEE STRUCTURE FOR: Noncash Collection Automated Clearinghouse Fee Schedule Effective January 2, 1997 Origination (per item or record): Unsorted deposit Presorted deposit Addenda record Return item surcharge Premium cycle surcharge Fees $0,010 $0,009 $0,003 $0,040 $0,005 Receipt (per item or record): Item Addenda record Return item surcharge $0,010 $0,003 $0,040 Input File Processing (per file) $ 1.75 Account Servicing Fee (per month per routing number) $25.00 Return Item/Notification of Change (NOC) Fees (origination)1 Paper return/NOC Government paper NOC Telephone return service Voice response return/NOC $15.00 $15.00 $15.00 $ 2.00 Telephone Advice Including the first ten pieces of information Each additional piece of information $10.00 $ 0.05 Non-electronic Input/Output Fees2 Tape input/output Paper output Diskette output $25.00 $15.00 $15.00 ‘The fee includes the transaction fee and the return item surcharge (for returns only) in addition to the conversion or voice response fee. 2These input/output methods are used in contingency situations only. CHANGES IN FORWARD AND RETURN COLLECTION AND ELECTRONIC CHECK SERVICES FEES ELEVENTH FEDERAL RESERVE DISTRICT OFFICES (Dallas, El Paso, Houston and San Antonio) EFFECTIVE JANUARY 1,1997 OFFICE NAME PRODUCT DESCRIPTION Dallas & San Antonio Dallas & San Antonio Dallas & San Antonio Houston Houston El Paso El Paso El Paso El Paso El Paso El Paso El Paso El Paso All Cash Letter Fees (Except Fine Sort) Intradistrict City & RCPC Fine Sort Cash Letter Fees Interdistrict City & RCPC Fine Sort Cash Letter Fees Intradistrict City & RCPC Fine Sort Cash Letter Fees Interdistrict City & RCPC Fine Sort Cash Letter Fees All Cash Letter Fees (Except Mixed,Fine Sort, & HDGS) Intradistrict City & RCPC Fine Sort Cash Letter Fees Interdistrict City & RCPC Fine Sort Cash Letter Fees Intradistrict Mixed Cash Letter Fee Interdistrict Mixed Cash Letter Fee Intradistrict High Dollar Group Sort Cash Letter Fees Interdistrict High Dollar Group Sort Cash Letter Fees Interdistrict & Intradistrict High Dollar Group Sort per item fee OFFICE NAME PRODUCT DESCRIPTION Dallas Dallas All Eleventh All Eleventh All Eleventh All Eleventh El Paso San Antonio San Antonio Houston Houston Dallas Dallas MICR Present. Plus Return Item-Fedline Truncation Return Item-Fedline MICR Information-Min Daily Fee MICR Presentment, Plus, & Trunc-Min Off-Peak MICR Presentment-Min Unbundled Basic Image Capture Incoming Relay-Min Daily Fee Incoming Relay Incoming Relay-per item fee Truncation Retrieval-Fedline Truncation Retrieval-Fax Image export per item fee Account post sort per item fee JANUARY 1, JANUARY 1, 1996 FEE 1997 FEE CHANGE IN DOLLARS Forward and Return Collection Fees 0.5000 1.5000 1.5000 5.0000 7.0000 5.0000 7.0000 6.5000 8.5000 6.0000 8.0000 4.0000 6.0000 2.0000 4.0000 15.0000 17.0000 0.1500 6.5000 8.5000 3.0000 5.0000 12.0000 14.0000 0.0750 -3.0000 -3.0000 -0.0750 JANUARY 1, JANUARY 1, 1996 FEE 1997 FEE CHANGE IN DOLLARS 1.0000 1.0000 1.5000 2.5000 2.5000 1.0000 1.0000 Electronic Check Service Fees District District District District Offices Offices Offices Offices 0.7500 0.7500 8.0000 5.0000 3.0000 0.0020 2.0000 0.0010 1.0000 0.5000 1.7500 0.0050 0.0100 0.6500 0.6500 10.0000 6.0000 4.0000 0.0040 3.0000 0.0020 2.0000 1.0000 1.2500 0.0060 0.0150 -0.1000 -0.1000 2.0000 1.0000 1.0000 0.0020 1.0000 0.0010 1.0000 0.5000 -0.5000 0.0010 0.0050 -3 Transfer of Funds and Net Settlement Fee Schedules Effective January 2, 1997 Transfer of Funds: Basic transfer originated $ 0.45 Basic transfer received $ 0.45 Off-line origination surcharge $10.00 Telephone advice surcharge $10.00 Net Settlement:1 Settlement entry $ 1.00 Off-line settlement statement surcharge $10.00 Telephone advice surcharge $10.00 Tn cases where net settlement arrangements result in higher operating costs than those incurred for standard arrangements, special settlement fees may be charged. -4 Noncash Collection Fee Structure Federal Reserve Bank of Atlanta, Jacksonville Branch Effective January 2, 1997 Coupon Fees Coupon Collection Fees Cash Letters with 5 or fewer coupon envelopes with 6 to 50 coupon envelopes $ 7.50 $15.00 Coupon Envelopes Paid Locally 5 or fewer 6 to 50 $ 4.75 $ 3.00 Coupon Envelopes Paid Interregional 5 or fewer 6 to 50 $ 6.75 $ 5.00 Return Items $15.00 Clearinghouse Coupon Envelopes $ 3.00 Bond Collection 'Plus actual shipping expense. $50.00* -5 Book-Entry Securities and Purchase and Sale Fee Schedule Effective January 2, 1997 Book-Entry Securities: On-line transfer originated On-line reversal received Off-line transfer originated or received1 Off-line reversal received $ 2.25 $ 2.25 $10.00 $10.00 Account maintenance (per month/per account) $15.00 Issues maintained (per month/per issue/per account $ 0.45 Purchase or Sale Transaction2 $34.00 1Account switch transfers, which move securities between accounts of the same insti tution, are only assessed one fee for the withdrawal of the securities from one of the depository institution’s accounts. No separate fee is assessed for the deposit of the securities into the institution’s other account. 2The purchase and sale activity consists of receiving and placing secondary market purchase and sale orders of Treasury and Government agency securities and municipal government securities for depository institutions. This service is offered only though the Federal Reserve Bank of Chicago. -6 Electronic Access Connection Fee Schedule Effective January 2, 1997 Connection Types: Fees Dial - Receive only (FLASH-Lig/i/) Dial - Receive and send (Fedline) High speed dial @ 56 kbps Multi-drop leased line Dedicated leased line (up to 9.6 kbps) High speed leased line at 19.2 kbps High speed leased line at 56 kbps High speed leased line at 128 kbps High speed leased line at 256 kbps Cross-District $ 30 per month $ 75 per month $ 350 per month $ 450 per month $ 750 per month $ 850 per month $1,000 per month $1,800 per month $2,000 per month Actual cost1 Contingency Testing Options:. 2 Basic dedicated dial test connection Premium dedicated dial test connection Shared dial test connection Third-party contingency site dial test connection $ $ $ $ 250 per month 500 per month 150 per month 45 per month Contingency Hardware: Additional back-up modem/DSU Additional back-up link encryptor $ 25 per month $ 20 per month 1Customer pays the actual cost of the circuit and line equipment (e.g., modems, link encryptors) plus a share of the costs for network support equipment and customer support. This fee must be, at a minimum, equal to the standard fee for the particular type of leased lined connection. 2Use of Dial Test connections should not exceed 60 hours per month for the Premium service and 120 hours per year for the Basic and Shared services. Customers exceeding this guideline should be asked to establish a Dedicated Leased Line connection for testing. -7 Electronic Access Connection (continued) Start-up Fees Installation3 FLASH-Lig/if Fedline Computer interface $ $ $ 100 300 800 Training New Fedline customer training Retraining (Fedline) $ $ 150 150 Encryption Software Certification Actual cost4 $0-8,0005 installation fees for Fedline and computer interface gateway connections of $300 and $800, respectively, are assessed by each Reserve Bank that is involved in the connection. 4Customer pays for actual cost of the hardware and any administrative cost associated with supplying the hardware. 5A software certification fee may be assessed by each Reserve Bank involved in a gateway connection.
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