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Federal Reserve Bank OF DALLAS W IL L IA M H. W ALLACE DALLAS, TEXAS 7 5 2 2 2 FIRST V IC E PR ES ID EN T AND C H IE F O PER ATING O FFIC ER May 11, 1990 Circular 90-27 TO: The Chief Executive Officers of all depository institutions in the Eleventh Federal Reserve District SUBJECT Revisions to Fiscal Agency Operating Circular No. 2; and Bulletin 7 - Custody of Securities, and Bulletin 9 - Collection of Noncash Items DETAILS Appendix B of Fiscal Agency Operating Circular No. 2 has been revised to reflect changes in the fee schedule which became effective January 1, 1989. Appendix A of this Bank’s Bulletin 7 has been revised to reflect price changes which became effective January 1, 1990. Appendix D of this Bank’s Bulletin 9 has been revised to reflect price changes for coupons which became effective January 1, 1990. Appendix E of this Bank’s Bulletin 9 has been revised to reflect changes in the credit availability schedule which became effective May 1, 1990. ENCLOSURES Enclosed are a revised Appendix B of Fiscal Agency Operating Circular No. 2, Appendix A of Bulletin 7, and Appendices D & E of Bulletin 9. MORE INFORMATION For further information, please contact Robert G. Feil (214) 651-6690 at the Dallas Office; Luke E. Richards (713) 659-4433 at the Houston Office; or John A. Bullock (512) 224-2141 at the San Antonio Office. For additional copies of this circular, please contact the Public Affairs Department at (214) 651-6289. Sincerely yours, For additional copies of any circular please c o ntact the Public Affairs Departm ent at (214) 651 -6 2 8 9 . Banks and others are encouraged to use the following incoming W A TS numbers in contacting this Bank (800) 4 4 2 -7 1 4 0 (intrastate) 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) APPENDIX B FEE SCHEDULE Security transfers: Federal Agency Originated Online Reversals Online (Receiver) per transaction per transaction $2.25 $2.25 Originated Offline Received Offline Reversals Offline (Receiver) per transaction per transaction per transaction $7.00 $7.00 $7.00 Originated Online Reversals Online (Receiver) per transaction per transaction $2.25 $2.25 Originated Offline Received Offline Reversals Offline (Receiver) per transaction per transaction per transaction $7.00 $7.00 $7.00 Treasury APPENDIX A FEE SCHEDULE Book-Entry: Federal Agency Account Switches (on-line institutions) per transaction $2.25 Account Switches (off-line institutions) per transaction $7.00 Account Maintenance per account per month $15.00 Account Maintenance per issue per account, per month $ Account Switches (on-line institutions) per transaction $2.25 Account Switches (off-line institutions) per transaction $7.00 Account Maintenance per account per month no fee Account Maintenance per issue per account no fee Deposits and Withdrawals per transaction $ 12.00 Re-registration fee per transaction $15.00 .45 Treasury Definitive Securities Account Maintenance per receipt, per month (1-400) (over 400) Par value fee assessed per $1,000 on coupon bearing securities $4.50 $2.50 $ 0.015 Fees are not assessed on transactions involving collateral accounts such as Treasury Tax & Loan, Circular 176 (Secretary of the Treasury), and Loans. APPENDIX D FEE SCHEDULE t Coupons payable intradistrict $4.00 Coupons payable interdistrict $4.50 Return Items $20.00 Bond Redemptions and Sales (Actual shipping costs additional) $20.00 APPENDIX E CREDIT AVAILABILITY TIME SCHEDULE We give credit for banker’s acceptances drawn on depositors in a Reserve Bank, subject to payment in actually and finally collected funds, in accordance with the following schedule, if we receive the banker’s acceptances sufficiently in advance to permit us to forward them in time to reach the place of payment at least one banking day before maturity: Place Payable Credit Available Reserve Bank or Branch cities On Maturity date Elsewhere 1 banking day after maturity We give credit for coupons in a coupon cash letter, subject to payment in actually and finally collected funds, in accordance with the following schedule: For due and past due coupons, and for future due coupons that we do not receive sufficiently in advance of maturity: Place Payable Credit Available The city of the Reserve Office 4 banking days after receipt Elsewhere 5 banking days after receipt For future due coupons received by the fourth banking day prior to maturity, credit will be available one banking day after maturity. For coupons received in a mixed deposit (city and country unsorted) the following credit availability is given: Past due 5 banking days after receipt Future due 1 banking day after maturity
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