The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Federal Reserve Bank OF DALLAS W IL L IA M H. W ALLACE DALLAS, TEXAS 75222 FIRST V IC E P R ES ID EN T AND C H IE F O PER ATING O FFIC ER April 1, 1988 Circular 88-25 TO: The Chief Operations Officer of all financial institutions in the Eleventh Federal Reserve District SUBJECT Fee changes for Federal Reserve accounting services DETAILS As of May 1, 1988, the Federal Reserve Bank of Dallas will change its fee schedule for accounting services. The changes will affect the following accounting services: duplicate copies of reserve account statements, reserve account tapes, and duplicate copies of billing statements. Many service charges will be based on a monthly fee with single item fees charged only for special orders. These monthly charges will reduce the work associated with tracking charges on a per item basis and, in some cases, may result in a cost reduction to the customer. The new fees for accounting services are as follows: Reserve Account D r a f t s . . . . . . . . . . . . . . . . . .7.00/draft . $ Stop Payments of Reserve Account Draf t. . . . . .$12.00 each s Standing Orders of Duplicate Copies of Reserve Account Statements . . . . . . . . . . .$75.00/month Special Orders of Duplicate Copies of Reserve Account Statements . . . . . . . . . . . 5.00 each* . $ $125.00/month Reserve Account Tapes . . . . . . . . . . . . . . . . . . . Standing and Special Orders of Duplicate Copies of Billing Statements . . . . . . . . . . . $. 5.00 each* . Billing Reconcilement T a p e s . . . . . . . . . .. . . .$ 5.00/each . _ Offline Contemporaneous Reserve Requirements_ $ 5.00/assistance Offline Telephone Inquiries . . . . . . . . . . . . . $ 3.25/each . . For additional copies of any circular please c ontact the Public A ffairs D ep artm en t at (214) 6 5 1 -6 2 89 . Banks and others are encouraged to use the follow ing incom ing W A TS numbers in contacting this Bank (800) 4 4 2 -7 1 4 0 (in trastate) and (800) 5 2 7 -9 2 0 0 (interstate). This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - * Special Requests for noncurrent statements must be researched manually on microfiche records and will carry a fee of 50 cents per page with a minimum fee of $5.00 per request. Customers may inquire about the mode of research before the service is performed. MORE INFORMATION For further information, please contact John Phillips at (214) 651-6265. Sincerely yours,