Full text of Federal Reserve Bank of New York Circulars : 10172. Fees for Funds Transfers to and From the Treasury

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FEDERAL RESERVE BANK
OF MEW YORK

[

C ircular N o. 10172 1
June 1. 1987

Fees for Funds Transfers to and from the Treasury
To All D epository Institutions, and Others Concerned,
in the Second Federal Reserve D istrict:

Beginning July 1, 1987, all Federal Reserve Banks will charge depository in­
stitutions for Fed wire funds transfers that are sent to or received from the Treasury
as well as other Government transferors or transferees. The fees charged by this
Bank will be the same as those for all other funds transfers, which are set forth in
Appendix B, revised effective January 1, 1987, to our Operating Circular No. 8.
A summary of those fees is as follows:
Basic origination or receipt............................................... $0.50
Off-line origination surcharge.......................................... $6.00
Telephone advice surcharge............................................. $3.50
Questions on this matter may be directed to Andrew Heikaus, Manager, Funds
Transfer Department (Tel. No. 212-720-5561).
E. G erald Corrigan,
P r e s id e n t.