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Federal R eserve bank O F DALLAS W ILLIA M H. W ALLACE FIRST V IC E PR ES ID ENT December 1, 1987 d a lla s , te x a s 75222 AND CH IE F O PER ATING O FFICER Circular 87-87 TO: The Chief Operations Officer of all financial institutions in the Eleventh Federal Reserve District SUBJECT Fee and availability schedule for comnercial check services DETAILS Effective January 1, 1988, new fee schedules for check services will be implemented at all Federal Reserve Banks. For financial institutions in the Eleventh District, most check service fees remain the same as last year's. City fine sort fees for the Houston Branch have been lowered for 1988. In addition to our traditional check services, we are pleased to introduce several new options designed to add more convenience to our payments services. These new options include a city and RCPC group sort offering at the Houston Branch and an RCPC group sort for the head office in Dallas. Also, a later country deadline is being established at the Dallas Office. Information about deposit deadlines, availability and new prices for check services offered to in-zone depositors at each of the four Eleventh District offices is provided in the enclosure. Availability schedules and prices for interterritory check collection services offered by other Federal Reserve Banks are available upon request. ENCLOSURES The check collection service and fee schedule is enclosed. MORE INFORMATION For additional information, please contact Robert L. Whitman, (214) 698-4357 at the Head Office; Robert W. Schultz, (915) 544-4730 at the El Paso Branch; Vernon L. Bartee, (713) 659-4433 at the Houston Branch; or John A. Bullock, (512) 224-2141 at the San Antonio Branch. Sincerely yours, 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) CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: DALLAS Product Routing Symbol Cash Letter Fee Per Item Fee Availabi1ity Mixed Cash Letter All $1.00 Calculated 1/ Computed 2/ High Dollar Group Sort 3/ $9.00 7.5* Immediate 8:30 a.m. Tue. thru Friday City Unsorted Regular Fine Sort 1110, 3110 1110, 3110 $1.00 $2.50 1.6* 0.8* Immediate Immediate 9:00 a.m. 9:30 a.m. 1111, 3111 1119, 3119 1111, 3111 1119, 3119 3/ 1111, 3111 1119, 3119 $1.00 2. l<f Immediate 12:01 a.m. $1.00 3.2* Immediate 1:15 a.m. $1.00 $2.50 2.5* 1.0* Immediate Immediate 3:30 a.m. 4:00 a.m. 7/ 1113, 3113 3/ $1.00 $1.00 2.6 * 2.1* Next Day Next Day 5:00 p.m. Sun. >8:00 p.m. Mon. V. thru Thurs. 1113, 3113 $2.50 1.0* Next Day 5:00 p.m. Sun. 9:30 p.m. Mon. thru Thurs. All $1.00 6.0* Computed 2/ 2:00 p.m. 7:00 p.m. $1.00 15.0* City & RCPC deferred 1 day, Country deferred 2 days 9:00 a.m. All $1.00 30.7* 2 days 9:00 a.m. 1111, 3111 1113, 3113 $2.50 0.9* RCPC Unsorted Regular Unsorted Premium Group Sort Fine Sort Country Unsorted Regular Group Sort i Fine Sort Other Fed Nonmachineable Local Other Fed Offsite 4/ 1110, 1111, 1113, 1119, 3110 3111 3113 3119 Deadline 12:01 9:00 2:00 7:00 a.m. a.m. p.m. p.m. r \ Immediate EFFECTIVE: 1/ 1-1-88 CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: DALLAS Routing Symbol Cash Letter Fee Per Item Fee Availability Deadline Return Items 5/ 4/ None 50.0* Immediate & 1 day 12:00 noon Automated Return Items 5/ 4/ None 25.0* Immediate & 1 day 12:00 noon Amount Encoding 6/ All None 4.0* Postal Money Orders - None None Immediate 3:00 p.m. U.S. Treasury Checks - None None Immediate 3:00 p.m. Product \J - 1/ Fee is calculated at regular price of each item plus 0.1* (one tenth cent) and rejects 3.7*. at Postal Money Orders and U. S. Treasury checks are calculated as city items. 2/ Contact Dallas Office for availability information for 3/ Contact Dallas Office for details on group sort deposits. 4/ Contact Dallas Office for specific details. 5/ The processing fee for returned checks will be charged 6/ Price for encoding only. the various cutoffs. to thepayor institution. Processing is an additional charge. 7/ For institutions included in the RCPC group sort, the deposit deadline is 5:00 Dallas Office for details. EFFECTIVE: a.m.Contact 1-1-88 CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: EL PASO Product Routing Symbol Cash Letter Fee Per Item Fee Availability Deadline Mixed Cash Letter All $1.00 Calculated 1/ Computed 2/ 12:01 a.m. 9:15 a.m. 12:00 noon High Dollar Group Sort 3/ $13.50 15.0* Immediate City Unsorted Regular Fine Sort 1120, 3120 1120, 3120 $1.00 $2.50 1.6* 0.8 * Immediate Immediate 9:15 a.m. 10:15 a.m. 1122, 1123, 1163, 1122, 1123, 1163, 1122, 1123, 1163, $1.00 2.9* Immediate 12:01 a.m. $1.00 4.3* Immediate 12:30 a.m. $2.50 1.2* Immediate 2.30 a.m. All $1.00 6.0* Computed 2/ 12:00 noon 1120, 3120 1122, 3122 1123, 3123 1163, 3163 All $1.00 15.0* Next Day 9:15 a.m. $1.00 30.7* 2 Days 9:15 a.m. RCPC Unsorted Regular Unsorted Premium Fine Sort Other Fed Nonmachineable Local Other Fed 3122 3123 3163 3122 3123 3163 3122 3123 3163 9:15 a.m. Tue. thru Friday EFFECTIVE: 1-1-88 CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: EL PASO Routing Symbol Cash Letter Fee Per Item Fee Availability Deadline Return Items 4/ 3/ None 50.0* Immediate & 1 Day 12:00 noon Automated Return Items 4/ 3/ None 25.0* Immediate & 1 Day 12:00 noon Amount Encoding 5/ All None 4.0* Postal Money Orders - None None Immediate 3:00 p.m. U. S. Treasury Checks - None None Immediate 3:00 p.m. Product \J 3/ - Fee is calculated at regular price of each item plus 0.1* (one tenth cent) and rejects at 3.7*. Postal Money Orders and U. S. Treasury checks are calculated as city items. 2/ Contact El Paso Office for availability information for the various cutoffs. 3/ Contact El Paso Office for specific details. 4/ The processing fee for returned checks will be charged to the payor institution. 5/ Price for encoding only. Processing is an additional charge. EFFECTIVE: 1-1-88 CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: HOUSTON Deadline Product Routing Symbol Cash Letter Fee Per Item Fee Availability Mixed Cash Letters All $1.00 Calculated 1/ Computed 2/ High Dollar Group Sort 3/ $9.00 7.5* Immediate City Unsorted Regular Group Sort Fine Sort 1130, 3130 3/ 1130, 3130 $1.00 $1.00 $1.00 1.6* 1.2* 0.5* Immediate Immediate Immediate 9:00 a.m. 11:00 a.m. 11:00 a.m. RCPC Unsorted Regular Unsorted Premium Group Sort Fine Sort 1131, 3131 1131, 3131 3/ 1131, 3131 $1.00 $1.00 $1.00 $2.50 2.1* 3.2* 1.8* 1.0* Immediate Immediate Immediate Immediate 12:01 1:15 2:00 4:00 All $1.00 6.0* Computed 2/ 12:00 noon 7:00 p.m. 1130, 3130 1131, 3131 All $1.00 15.0* Next Day 9:00 a.m. $1.00 30.7* 2 Days 9:00 a.m. Return Items 4/ 3/ None 50.0* Immediate & 1 Day 12:00 noon Automated Return Items 4/ 3/ None 25.0* Immediate & 1 Day 12:00 noon Amount Encoding 5/ All None 4.0* - 3/ Postal Money Orders - None None Immediate 3:00 p.m. U. S. Treasury Checks - None None Immediate 3:00 p.m. Other Fed Nonmachineable Local Other Fed \f 12:01 9:00 12:00 7:00 a.m. a .m. noon p.m. 9:00 a.m. Tue. thru Friday a.m. a .m. a .m . a.m. Fee is calculated at regular price of each item plus 0.1<t (one tenth cent) and rejects at 3.7*. Postal Money Orders and U. S. Treasury checks are calculated as city items. 2/ Contact Houston Office for availability information for the various cutoffs. 3/ Contact Houston Office for specific details. 4/ The processing fee for returned checks will be charged to the payor institution. 5/ Price for encoding only. Processing is an additional charge. EFFECTIVE: 1-1-88 CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: Dead!ine Product Routing Symbol Cash Letter Fee Per Item Fee Availability Mixed Cash Letters All $1.00 Calculated 1/ Computed 2/ High Dollar Group Sort 3/ $9.00 7.5* Immediate City Unsorted Regular Fine Sort 1140, 3140 1140, 3140 $1.00 $2.50 1.6* 0.8* Immediate Immediate 9:30 a.m. 10:30 a.m. 1141, 1149, 1141, 1149, $1.00 2.1* Immediate 2:00 a.m. $2.50 1.0* Immediate 4:00 a.m. All $1.00 6.0* Computed 2/ 12:00 noon 7:00 p.m. 1140, 3140 1141, 3141 1149, 3149 All $1.00 15.0* Next Day 9:30 a.m. $1.00 30.7* 2 Days 9:30 a.m. Return Items 4/ 3/ None 50.0* Immediate & 1 Day 12:00 noon Automated Return Items 4/ 3/ None 25.0* Immediate & 1 Day 12:00 noon Amount Encoding 5/ All None 4.0* - 3/ Postal Money Orders - None None Immedi ate 3:00 p.m. U. S. Treasury Checks - None None Immediate 3:00 p.m. RCPC Unsorted Regular Fine Sort Other Fed f SAN ANTONIO Nonmachineable Local Other Fed 3141 3149 3141 3149 12:01 9:30 12:00 7:00 a.m. a.m. noon p.m. 9:00 a.m. Tue. thru Friday 1/ Fee is calculated at regular price of each item plus 0.1* (one tenth cent) and rejects at 3.7*. Postal Money Orders and U. S. Treasury checks are calculated as city items. 2/ Contact San Antonio Office for availability information for the various cutoffs. 3/ Contact San Antonio Office for specific details. 4/ The processing fee for returned checks will be charged to the payor institution. 5/ Price for encoding only. Processing is an additional charge. EFFECTIVE: 1-1-88
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