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F E D ER A L R E S E R V E B A N K OF D A L L A S Station K, Dallas, T exas 7 5 2 2 2 Circular No. 84-106 November 7, 1984 TO: All depository institutions Reserve District ATTENTION: Operations Officer SUBJECT: Fee schedule for commercial check services DETAILS: On December 27, 1984, a new fee schedule for check collection service will be implemented. Attached are the schedules of deposit deadlines and new fees for check collection services available to depositors in the Eleventh Federal Reserve District. in the Eleventh Federal The new fee schedule is projected to fully recover all operating and float costs, as well as the private sector adjustment factor, throughout 1985. 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 most types of deposits. 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. ATTACHMENTS: Check collection service and fee schedule MORE INFORMATION: 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. ADDITIONAL COPIES: Public Affairs Department, Extension 6289 B a n k s and o th e rs are e n c o u r a g e d to use the f o l lo w in g i n c o m i n g W A T S n u m b e r s in c o n t a c t i n g t h i s Ba nk: 1-800-442-7140 (in tr a s ta te ) a n d 1-800-527-9200 (interstate ). F o r c a ll s p la c e d lo c a lly , p le a s e use 651 p lu s th e e x te n s io n re fe rred to above. 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 Cash Letter Fee All $1.00 3.7* 2/ $9.00 7.5* Immediate 8:30 a.m., Tue. thru Friday City Unsorted Regular 1110, 3110 $1.00 1.6* Immediate 9:00 a.m. j RCPC Unsorted regular Unsorted premium 1119, 3119 1119, 3119 $1.00 $1.00 2.24 3.2* Immediate Immediate 12:01 a.m. 1:15 a.m. 1111, 3111 1113, 3113 $1.00 2.6* Next Day 1:30 p.m. y $1.00 2.1* Next Day 5:00 p.m. Sun. 8:00 p.m. Mon. thru Thurs. All $1.00 6.0* Computed 1/ 12:00 noon 7:00 p.m. $1.00 15.0* City & RCPC deferred 1 day, country deferred 2 days 9:00 a.m. $1.00 33.24 3110 3119 3111 3113 $2.50 $2.50 $2.50 1.0* 1.0* 1.0* Immediate Immediate Next Day 1111, 3111 1113, 3113 None 1.1* Immediate Mixed Cash Letter High Dollar Group Sort Per Item Availability Fee Cut-Off Time Routing Symbol Computed 1/ 12:01 9:00 12:00 7:00 a.m. a.m. noon p.m. I Country Unsorted regular Group Sort i | Federal i ! | Nonmachineable Local i 1 1 Other Fed 1110, 1111, 1113, 1119, 3110 3111 3113 3119 All 2 days 9:00 a.m. I Fine Sort City RCPC Country Offsite 3/ 1110, 1119, 1111, 1113, 9:30 a.m. 4:00 a.m. 5:00 p.m. Sun. 9:30 p.m. Mon. thru Thurs. 3/ CHECK COLLECTION SERVICE AMD FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: DALLAS Product Routing Symbol Cash Letter Fee Per Item Availability Fee Returned Items 4/ 3/ None 50.04 Immediate & 1 day 12:00 noon Automated Returned Items 4/ 3/ None 25.04 Immediate & 1 day 12:00 noon Amount Encoding 5/ All None 4.04 - Postal Money Orders - None None Immediate 3:00 p.m. U.S. Treasury Checks - None None Immediate 3:00 p.m. Cut-Off Time 1/ Contact Dallas Office for availability information for the various cutoffs. 2/ Contact Dallas Office for details on group sort deposits. 3/ Contact Dallas Office for specific details. 1/ 4/ The processing fee for returned checks will be charged to the payor institution. 5/ Price for encoding only. Processing is an additional charge. CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: Product Mixed Cash Letter High Dollar Group Sort City Unsorted regular RCPC Unsorted regular Unsorted premium Federal Nonmachineable Local Other Fed Fine Sort City RCPC EL PASO Per Item Availability Fee Cut-Off Time Routing Symbol Cash Letter Fee All $1.00 3.74 Computed 1/ 12:01 a.m. 9:15 a.m. 12:00 noon 2/ $13.50 15. 0<t Immediate 9:15 a.m. 1120, 3120 $1.00 1.64 Immediate 9:15 a.m. 1122, 3122 1123, 3123 1163 3163 $1.00 3.04 Immediate 12:01 a.m. 1122, 3122 1123, 3123 1163, 3163 $1.00 4.34 Immediate 12:30 a.m. $1.00 6.04 Computed 1/ 12:00 noon $1.00 15.04 Next Day 9:15 a.m. $1.00 33.24 2 Days 9:15 a.m. 1120, 3120 $2.50 1.04 Immediate 10:15 a.m. 1122, 3122 1123, 3123 1163, 3163 $2.50 1.24 Immediate 2:30 a.m. All 1120, 1122, 1123, 1163, 3120 3122 3123 3163 All CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: EL PASO Product Routing Symbol Cash Letter Fee Returned Items 3/ 2/ None 50.04 Immediate & 1 Day 12:00 noon Automated Returned Items 3/ 2/ None 25.04 Immediate & 1 Day 12:00 noon Amount Encoding 4/ All None 4.04 Postal Honey Orders - None None Immediate 3:00 p.m. None None Immediate 3:00 p.m. U.S. Treasury Checks Per Item Availability Fee - 1/ Contact El Paso Office for availability information for thevarious Cut-Off Time 1/ cutoffs. 2/ Contact El Paso Office for specific details. 3/ The processing fee for returned checks will be charged to the payorinstitution. 4V Price for encoding only. Processing is an additional charge. CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: Product HOUSTON Cash Letter Fee All $1.00 3.74 Computed \J 1/ $9.00 7.54 Immediate 9:00 a.m: Tue. thru Friday City Unsorted regular 1130, 3130 $1.00 1.64 Immediate 9:00 a.m. RCPC Unsorted regular Unsorted premium 1131, 3131 1131, 3131 $1.00 $1.00 2.24 3.2 4 Immediate Immediate 12:01 a.m. 1:15 a.m. $1.00 6.04 Computed 1/ 12:00 noon 7:00 p.m. 4:00 p.m.(Sat.) $1.00 15.04 Next Day 9:00 a.m. $1.00 33.24 2 Days 9:00 a.m. $2.50 $2.50 1.04 1.04 Immediate Immediate 9:30 a.m. 4:00 a.m. Mixed Cash Letters High Dollar Group Sort Federal Nonmachineabl e Local Other Fed Fine Sort City RCPC All 1130, 3130 1131, 3131 All 1130, 3130 1131, 3131 Per Item Availability Fee Cut-Off Time Routing Symbol 12:01 a.m. 9:00 a.m. 12:00 noon 7:00 p.m. 4:00 p.m.(Sat.) Returned Items 3/ 2/ None 50.04 Immediate & 1 Day 12:00 noon Automated Returned Items 3/ 2/ None 25.04 Immediate & 1 Day 12:00 noon All None 4.04 Postal Money Orders - None None Immediate 3:00 p.m. U.S. Treasury Checks - None None Immediate 3:00 p.m. Amount Encoding 4/ - 2/ 1/ Contact Houston Office for availability information for the various cutoffs. 2/ Contact Houston Office for specific details. 3/ The processing fee for returned checks will be charged to the payor institution. 4/ Price for encoding only. Processing is an additional charge. CHECK COLLECTION SERVICE AND FEE SCHEDULE IN-ZONE DEPOSITORS OFFICE: SAN ANTONIO Product Per Item Availability Fee Cut-Off Time Routing Symbol Cash Letter Fee All $1.00 3.74 Computed 1/ 1/ $9.00 7.54 Immediate 1140, 3140 $1.00 1.64 Immediate 9:00 a.m. Tue. thru Friday 9:30 a.m. 1141, 3141 1149, 3149 1141, 3141 1149, 3149 All $1.00 2.24 Immediate 12:01 a.m. $1.00 3.2 4 Immediate 1:15 a.m. $1.00 6.04 Computed \J 12:00 noon 7:00 p.m. $1.00 15.04 Next Day 9:30 a.m. $1.00 33.24 2 Days 9:30 a.m. 1140, 3140 1141, 3141 1149, 3149 $2.50 $2.50 1.04 1.04 Immediate Immediate 10:30 a.m. 4:00 a.m. Returned Items 3/ 1/ None 50.04 Immediate & 1 Day 12:00 noon Automated Returned Items 3/ 2/ None 25.04 Immediate & 1 Day 12:00 noon Amount Encoding 4/ All None 4.04 Postal Money Orders - None None Immediate 3:00 p.m. U.S. Treasury Checks - None None Immediate 3:00 p.m. Mixed Cash Letters High Dollar Group Sort City Unsorted regular RCPC Unsorted regular Unsorted premium Federal Nonmachineable Local Other Fed Fine Sort City RCPC 1140, 3140 1141, 3141 1149, 3149 All - 12:01 9:30 12:00 7:00 a.m. a.m. noon p.m. 2J JJ Contact San Antonio Office for availability information for the various cutoffs. 2/ Contact San Antonio Office for specific details. 3/ The processing fee for returned checks will be charged to the payor institution. 4/ Price for encoding only. Processing is an additional charge.
@FedFRASER