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F ederal

reserve

Ban k

DALLAS, TEXAS

of

Dallas

75222

Circular No. 83-132
October 28, 1983

FEE SCHEDULE FOR COMMERCIAL CHECK SERVICES
TO ALL DEPOSITORY INSTITUTIONS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
Attached are the schedules of deposit deadlines and new fees for
check collection services available to depositors in the Eleventh Federal Reserve
District. These check prices will become effective December 1, 1983.
This schedule retains all of the deposit options currently available to
your institution. The only pricing structure change will be the addition of a cash
letter fee for country group sort items deposited at the Dallas office.
With implementation of this new fee schedule, the Federal Reserve
will have fulfilled the requirement of the Monetary Control Act to include the
cost of check float, at the federal funds rate, in check prices. Other steps taken
this year to deal with check float include the July 1 implementation of new
crediting procedures designed to eliminate or price interterritory check
transportation float and, since August 1, the implementation of one-day deferral
of credit on interterritory return items. We believe that the overall increase in
fees is modest, particularly considering that these fees include the first full
recovery of float costs.
The new fee schedule is projected to fully recover all operating and
float costs, as well as the private sector adjustment factor, throughout 1984.
Prices are expected to remain at this level for the next year.
Availability schedules and prices for interterritory check collection
services offered by other Federal Reserve Banks are available upon request.
These include the direct send service, where a depository institution arranges its
own transportation to another Federal Reserve office, and the consolidated
shipment service, where the depository institution deposits items at the local
Reserve Bank for shipment to other Federal Reserve offices using our
transportation network.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
Banks and others are encouraged to use the follow ing incom ing WATS numbers in co n ta ctin g this Bank:
1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the
extension referred to above.

- 2 Questions concerning the new check prices should be directed to
Donald L. Jackson, (214) 651-6118 at the Head Office; Robert W. Schultz,
(915) 544-4730 a t the El Paso Branch; Vernon L. Bartee, (713) 659-4433 a t the
Houston Branch; or John A. Bullock, (512) 224-2141 a t the San Antonio Branch.
Additional copies of this circular will be furnished upon request to
the Public Affairs Department, Extension 6289.
Sincerely yours,

William H. Wallace
First Vice President

CHECK COLLECTION SERVICE AND FEE SCHEDULE
IN-ZONE DEPOSITORS
OFFICE:

Product

Routing Symbol

DALLAS

Per Item Charge

Availability

Cut-Off Time

Mixed Cash L e t t e r

All

3.6*

Computed 1/

12:01 a .m., 9:00
a . m . , 12:00 noon
& 7:00 p.m.

City
Unsorted r e g u l a r

1110, 3110

1.6*

Immediate

9:00 a.m.

RCPC
Unsorted r e g u l a r
Unsorted premium

1119, 3119
1119, 3119

2.1*
3.1*

Immedi ate
Immedi ate

12:01 a.m.
1:15 a.m.

1111,
1112,
1113,
1163,

3111
3112
3113
3163

2.6*

Next Day

12:00 noon

Computer Processed

1111,
1112,
1113,
1163,

3111
3112
3113
3163

2.6*

Next Day

1 :30 p.m.

Prepared for
High Speed

1111,
1112,
1113,
1163,

3111
3112
3113
3163

2.6*

Next Day

2:30 p.m.

$500 and Over

1111,
1112,
1113,
1163,

3113
3112
3113
3163

2.6*

Next Day

2:30 p.m.

2.1*

Next Day

5:00 p.m. Sunday
8:00 p.m. Mon Thurs.

5.8*

1- and 2-Day

12:00 noon
& 7:00 p.m.

Country
Unsorted r e g u l a r :
Ful ly qua! i f i e d

Group Sort 2/

Federal

y

All But Dallas
Territory

CHECK COLLECTION SERVICE AND FEE SCHEDULE
IN-ZONE DEPOSITORS
OFFICE:

Product
Nonmachineable
Local

Other Fed
Fine Sort 4 /
City
RCPC
Country:
Oklahoma Items
Other Items

Offsite 5/

Routing Symbol

1110,
1111,
1112,
1113,
1119,

3110
3111
3112
3113
3119

All but Dallas
Terri t o r y

DALLAS

Per Item Charge

15.0^

30.0(2?

A vailability

City & RCPC
de fe r re d 1
day, country
d e fe r re d 2
days
2 days

Cut-Off Time

9:00 a.m.

9:00 a.m.

1110, 3110
1119, 3119

1.0 1
1.0*

Immedi ate
Immedi ate

9:30 a.m.
4:00 a.m.

1112, 3112

1.0*

Next Day

4:00 p.m.

1111, 3111
1113, 3113

1.0*

Next Day

5:00 p.m. Sunday
9:30 p.m. M on
Thurs.

1111, 3111
1113, 3113
1163, 3163

1.1*

Immedi ate

12:01 a.m.

Returned Items 6 /

5/

50.0*

Immedi ate
& 1 day

12:00 noon

Automated Returned
Items

5/

25.0*

Immediate &
1 Day

12:00 noon

Amount Encoding 7/

5/

4.0*

Postal Money Orders

5./

No Charge

Immedi ate

3:00 p.m.

Treasury Checks

5/

No Charge

Immedi ate

3:00 p.m.

V

5/

-

Contact Dallas Off ice fo r a v a i l a b i l i t y information f o r the va rious c u t o f f s .

2/ In a d d it i o n to the per item cha rge, t h e r e i s a $1 cash l e t t e r fee f o r group s o r t d e p o s i t s .
3/ Contact Dallas Off ice fo r d e t a i l s on group s o r t d e p o s i t s .
4-/ In a d d it i o n to the per item charge t h e r e i s a $2.50 cash l e t t e r fee f o r c i t y , RCPC and
cou ntry f i n e s o r t l e t t e r s . The cash l e t t e r fee does not apply to o f f s i t e f i n e s o r t items.
5/ Contact Dallas Off ice f o r s p e c i f i c d e t a i l s .
_6/ The processing fee f o r re t u r n e d checks will be charged to the payor i n s t i t u t i o n .

JJ Price for encoding only.

Processing is an additional charge.

CHECK COLLECTION SERVICE AND FEE SCHEDULE
IN-ZONE DEPOSITORS
OFFICE:

Product

Routing Symbol

EL PASO

Per Item Charge

A v a i l a b i 1i t y

Cut-Off Time

Mixed Cash L e t t e r

All

3.6*

Computed 1/

9:15 a.m., J2:00
noon, 1:30 p.m.

City
Unsorted Regular

1120, 3120

1.6*

Immediate

9:15 a.m.

1122, 3122
1123, 3123
1163, 3163

2.6*

Next Day

12:00 noon

Computer Processed

1122, 3122
1123, 3123
1163, 3163

2.6*

Next Day

1 :30 p.m.

$500 and Over

1122, 3122
1123, 3123
1163, 3163

2.6*

Next Day

2:00 p.m.

All but El Paso
T erritory

5.8*

1- and 2-Day

12:00 noon

15.0*

City d e f e r ­
red 1 day;
Country de­
f e r r e d 2 days

9:15 a.m.

30.0*

2 Days

9:15 a.m.

Country
Unsorted Regular
Fu lly Qual ifi ed

Federal
Nonmachineable
Local

Other Fed
Fine Sort 2/
City

1120,
1122,
1123,
1163,

3120
3122
3123
3163

All but El Paso
Terri t o r y
1120, 3120

1.0*

Immedi ate

10:15 a.m.

1122, 3122
1123, 3123
1163, 3163

1.0*

Next Day

4:30 p.m.

Returned Items 3/

4/

50.0*

Immediate &
1 Day

12:00 noon

Automated Returned
Items

1/

25.0*

Immediate &
1 Day

12:00 noon

Country

CHECK COLLECTION SERVICE AND FEE SCHEDULE
IN-ZONE DEPOSITORS
OFFICE:

Product

Amount Encoding 5/

Routing Symbol

All

EL PASO

Per Item Charge

Availability

Cut-Off Time

4/

4.0*

Postal Money Orders

4/

No Charge

Immediate

3:00 p.m.

Treasury Checks

4/

No Charge

Immediate

3:00 p.m.

]_/

Contact El Paso Office f o r a v a i l a b i l i t y information f o r the va rious c u t o f f s .

2/ In a d d it i o n to per item charge, t h e r e i s a $2.50 cash l e t t e r fee f o r c i t y and country
fine sort l e t t e r s .
3 / The processing fee f o r re t u r n e d checks wi ll be charged to the payor i n s t i t u t i o n .
4J Contact El Paso Office for s p e c i f i c d e t a i l s .
5 / P r ic e f o r encoding only.

Processing i s an a d d it i o n a l charge.

CHECK COLLECTION SERVICE AND FEE SCHEDULE
IN-ZONE DEPOSITORS
OFFICE:

Product

Routing Symbol

HOUSTON

Per Item Charge Avai1a b i 1i t y

Cut-Off Time

Mixed Cash L e t t e r

All

3.6*

Computed 1/

12:01 a.m., 9:00
a.m., 12:00 noon,
7:00 p.m. & 4:00
p.m. Saturday

City
Unsorted Regular

1130, 3130

1.6*

Immedi ate

9:00 a.m.

RCPC
Unsorted Regular
Unsorted Premium

1131, 3131
1131, 3131

2.1 *
3.1*

Immediate
Immediate

12:01 a.m.
1:15 a.m.

Federal

All but Houston
Terri t o r y

Nonmachineable
Local
Other Fed

1130, 3130
1131, 3131
All but Houston
Terri t o r y

Fine Sort 2/
City
RCPC

5.8*

1- and 2-Day

12:00 noon, 7:00
p . m . , & 4:00 p.m.
Saturday

15.0*

1 Day

9:00 a.m.

30.0*

2 Days

9:00 a.m.

Immedi ate
Immedi ate

9:30 a.m.
4:00 a.m.

1130, 3130
1131, 3131

1.0*
1.0*

Returned Items 3/

4/

50.0*

Immediate &
1 day

12:00 noon

Automated Returned Items

4/

25.0*

Immediate &
1 day

12:00 noon

Amount Encoding 5/

All

4.0*

-

£/

Postal Money Orders

1/

No Charge

Immediate

3:00 p.m.

Treasury Checks

1/

No Charge

Immediate

3:00 p.m.

]_/

Contact Houston Office f o r a v a i l a b i l i t y information f o r the va rious c u t o f f s .

2 / In a d d it i o n to per item charge, t h e r e i s a $2.50 cash l e t t e r fee f o r c i t y and RCPC
f i n e s o r t cash l e t t e r s .
3 / The processing fee f o r r et u r n ed check will be charged t o the payor i n s t i t u t i o n .
4 / Contact Houston Offic e f o r s p e c i f i c d e t a i l s .

5/ Price for encoding only.

Processing is an additional charge.

CHECK COLLECTION SERVICE AND FEE SCHEDULE
IN-ZONE DEPOSITORS
OFFICE:

Product

Routing Symbol

SAN ANTONIO

Per Item Charge

Availability

Cut-Off Time

Mixed Cash L e t t e r s

All

3.6*

Computed 1/

City
Unsorted Regular

12:01 a .m., 9:30
a.m. and 12:00
noon & 7 :00 p.m.

1140, 3140

1.6*

Immedi ate

9:30 a.m.

1141, 3141
1149, 3149

2.1*

Immediate

12:01 a.m.

1141, 3141
1149, 3149

3.1*

Immedi ate

1:15 a.m.

5.8*

1- and 2Day

12:00 noon

15.0*

1 Day

9:30 a.m.

30.0*

2 Days

9:30 a.m.

RCPC
Unsorted Regular
Unsorted Premium
Federal

All but San Antonio
Terri t o r y

^onmachineable
Local

'O th er Fed

1140, 3140
1141, 3141
1149, 3149
All but San Antonio
Terri t o r y

Fine Sort 2/
City
RCPC

1140, 3140

1.0*

Immedi ate

10:30 a.m.

1141, 3141
1149, 3149

1.0*

Immedi ate

4:00 a.m.

Returned Items 3/

4/

50.0*

Immediate &
1 Day

12:00 noon

Automated Returned
Items

1/

25.0*

Immediate &
1 Day

12:00 noon

Amount Encoding 5/

All

4.0*

-

1/

Postal Money Orders

1/

No Charge

Immedi ate

3:00 p.m.

Treas ury Checks

1/

No Charge

Immediate

3:00 p.m.

1/ Contact San Antonia Office f o r A v a i l a b i l i t y information f o r the va rious c u t o f f s .
2 / In a d d it i o n to per item charge, t h e r e i s a $2.50 cash l e t t e r fee f o r c i t y and RCPC
f i n e s o r t cash l e t t e r s .
3 / The processing fee f o r r et u r n ed checks will be charged to the payor i n s t i t u t i o n .
4 / Contact San Antonio Off ice f o r s p e c i f i c d e t a i l s .

5/ Price for encoding only.

Processing is an additional charge.