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Federal Reserve Bank
of Dallas

HELEN E. HOLCOMB
DALLAS, TEXAS
75265-5906

FIRST VICE PRESIDENT AND
CHIEF OPERATING OFFICER

June 30, 1999
Notice 99-55

TO: All ACH Participants in the
Eleventh Federal Reserve District
SUBJECT
ACH Fee Reduction
DETAILS
The Federal Reserve Bank of Dallas is pleased to announce a reduction in the fees for Automated Clearing House (ACH) origination services effective August 2, 1999. This fee reduction reflects
the ongoing growth in the ACH and the efficiencies of the Federal Reserve’s consolidated processing
environment.
Under the new fee schedule, the cost to originate ACH forward and return transactions will
be reduced by $.0005, an average of 7.7 percent. Customers depositing files of less than 2,500 items
will be assessed a per-item fee of $.0065. Customers depositing files of more than 2,500 items will be
assessed a per-item fee of $.0055. The cost to receive ACH transactions remains at $.007 per item.
This fee decrease, coupled with the Direct Deposit and Direct Payment Coalition’s national
ACH promotion and education campaign, is expected to further encourage ACH growth and help broaden
the use of electronic payment systems.
MORE INFORMATION
Questions regarding ACH fees may be directed to Ann Dodson at (214) 922-5802 or Rita
Douglas at (214) 922-6404. For additional copies of this Bank’s notice, please contact the Public Affairs
Department at (214) 922-5254. For information regarding the ACH promotion and education campaign,
please visit the following Internet address:
http://www.directdeposit.org
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.