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Federal R eserve Bank
OF DALLAS
T O N Y J . S A L V A G G IO
F IR S T V IC E PR E S ID E N T

DALLAS, TEXAS

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June 30, 1995

75265-5906

Notice 95-67

TO:

The Chief Operating Officer of each
financial institution in the El Paso,
Houston, and San Antonio Territories

SUBJECT
New Return Item Reclearing Service
DETAILS
Beginning August 1, 1995, the El Paso, Houston, and San Antonio Offices of
the Federal Reserve Bank of Dallas will offer an automatic R eturn Item Reclearing
service. This service will enable your institution to realize cost savings by eliminating the
need to handle returns for reclearing purposes and by improving availability.
Institutions may elect to subscribe to this service at a $100 or $200 cut-off.
Items being returned for the first time, within the selected cut-off, as “N SF” or “Uncol­
lected Funds” are eligible for reclearing. These items will be outsorted from our
outgoing return item cash letter to your institution. We will redeposit the items on your
behalf for a minimum daily fee of $2.50 for the first 10 items. Daily volumes exceeding
ten items will be charged a per-item fee of 25 cents.
MORE INFORMATION
To subscribe to the R eturn Item Reclearing service or for more information
on this service or other check-related issues, please contact Jane Pyke, (915) 521-8244, at
the El Paso Office; Terry Murrell, (713) 652-1665, at the Houston Office; or M artin
Ramsey, (210) 978-1500, at the San Antonio Office.
For additional copies of this Bank’s notice, please contact the Public Affairs
D epartm ent at (214) 922-5254.
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.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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