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FEDERAL RESERVE BANK OF NEW YORK psT November 12, 1985 To D irect S e n d in g a n d C onsolidated S h ip p in g In stitu tio n s in the Second F ed e ra l Reserve D istrict: Effective January 1, 1986, new price schedules for check services will be implemented at all Federal Reserve Banks. We have enclosed the following schedules, which contain the new Second District check service prices, the new prices at the other Federal Reserve offices, and updated information regarding Systemwide deposit deadlines: I. Check Services: Collection and Price Schedules fo r In -Z on e D epositors . This schedule provides information about deposit deadlines, credit availabilities, and new prices for the check and payor bank services offered at each of the five offices in the Second District. II. F e d e r a l R e s e r v e S ysteyn : S u m m a r y o f C h eck S e r v ic e s , D e p o s it Deadlines, and Price Schedides. This schedule lists the check service prices and deposit deadlines at each Federal Reserve office throughout the country. New deposit deadline, credit availability, and price schedules for consolidated shipments to other Federal Reserve offices are being mailed to you under separate cover. We would like to highlight several significant changes that will take effect in this District with the implementation of the new price schedules: • Prices for payor bank services and for standard non-machineable item deposits will be reduced significantly. o A separate price will be established for non-standard non-machineable deposits. Non-standard checks are those that do not meet industry-approved size standards or that are not pre-encoded with the routing number of the payor institution. o At the Head Office, a city group sort product will be offered at a price of 2.5? per item with an 8:30 a.m. deposit deadline. o Also at the Head Office, the Super High Dollar Group Sort cash letter fee will be reduced to $30.00. o At the Jericho and Cranford Offices, the RCPC/CITY product will be discontinued. You may continue to deposit these items as part of a mixed cash letter. Q Finally, there will be various deposit deadline changes at each office, including later mixed cash letter deadlines at the Jericho and Cranford Offices. Please refer to the enclosed schedule for further details. (Over) If you have any questions, we encourage you to contact your Account Manager or one of the following check officers at your local Federal Reserve office: Account Managers: Head Office (212) 791-6600 Buffalo Branch (716) 849-5108 or 5085 New York Head Office: John F. Sobala, Assistant Vice President (212) 791-5997 Buffalo Branch: David P. Schwarzmueller, Operations Officer (716) 849-5018 Cranford Office: Fred A. Denesevich, Regional Manager (201) 272-9000 Jericho Office: Anthony N. Sagliano, Regional Manager (516) 997-4569 Utica Office: Harry A. Curth, Jr., Regional Manager (315) 736-8321 E. Gerald Corrigan, President. FEDERAL RESERVE BANK OF NEW YORK Schedule I CHECK SERVICES Collection and P rice Schedules for In-Zone Depositors E ffe c tiv e J a n u a r y 1 , 1 9 8 6 N E W Y O R K H E A D O F F IC E C H E C K C O L L E C T IO N S E R V IC E AMD P R IC E S C H E D U L E INI-ZONE DEPOSITORS Product Routing Symbol Per Item Charge1 A vailability C ut-O ff Tim e City Unsorted Regular 0210,0260, 0280,2260 3.5$ Immediate 7:00 a.m. Unsorted Premium 0210,0260, 0280,2260 5.0$ Immediate 8:30 a.m. Group y 2.5$ Immediate 8:30 a.m. Fine Sort2 0210,0280, 0260,2260 1.0$3 Immediate 9:30 a.m. C©ynf!ry 0211,0215, 0216,2211, 2215,2216 3.8$ 1 Business Day 12:00 noon All 2/ 2/ 6.8$ 6.2$ 6.0$ Computed4 1 Business Day 1 Business Day 9:00 p.m. 10:30 p.m. 10:30 p.m. In-Zone In-District Other Feds 3.5$ 3.8$ 6.8$ Computed4 Computed4 Computed4 9:00 p.m. 9:00 p.m. 9:00 p.m. In-Zone In-District Other Feds 3.5$ 3.8$ 6.8$ Computed4 Computed4 Computed4 12:01 a.m. 12:01 a.m. 12:01 a.m. City 0210,0260, 0280,2260 25.0$ 1 Business Day 8:30 a.m. Country 0211,0215, 0216,2211, 2215,2216 25.0$ 2 Business Days 8:30 a.m. Other Feds All 30.0$ Computed4 8:30 a.m. Non-Standard All $1.50 2 Business Days 8:30 a.m. In-Zone In-District Other Feds 8.0$ 8.3$ 11.3$ Computed4 Computed4 Computed4 2/ 2/ 2/ 19.5$5 Immediate 12:01 a.m. Oliher Feds Unsorted Group A Group B EWiiited Cash Letter2 Early Regular Won-machineahie Unencoded Mixed Cash Letter Super High Dollar Group Sort 2/ 1A cash letter fee of 50.00 applies to all intradistrict cash letters except fine sort and Super High Dollar Group Sort cash letters. 2Contact an account manager for details. 3A fixed charge of $5.00 applies to fine sort packages. ^Availability on these deposits is subject to our interterritory crediting procedures. Contact an account manager for details. 5A cash letter fee of $30.00 applies to Super High Dollar Group Sort cash letters. -1- BU FFALO BR AN CH CHlECiC C O L L E C T IO N S E R V IC E A N D P R IC E S C H E D U L E SW-ZOWE DEPOSITORS Product Routing Symbol Per Item Charge1 A vailability C ut-O ff Time City 0220,2220 2.3d Immediate 8:15 a.m. 0223,2223 0223,2223 2.5d 4.8d Immediate Immediate 12:01 a.m. 3:15 a.m. City 0220,2220 1.1d3 Immediate 9:30 a.m. RCPC 0223,2223 1.1C3 immediate 4:00 a.m. All 5.6d Computed4 10:00 a.m. In-Zone (RCPC) In-Zone (City) In-District Other Feds 2.5d 2.3d 2.9d 5.6d 4.8d 2.3d 2.9d 5.6d Computed4 Computed4 Computed4 Computed4 Computed4 Computed4 Computed4 Computed4 12:01 a.m. 12:01 a.m. 12:01 a.m. 12:01 a.m. 2:00 a.m. 2:00 a.m. 2:00 a.m. 2:00 a.m. 20.0d 20.0d 25.0d $1.00 1 Business 1 Business 2 Business 2 Business 8:30 a.m. 8:30 a.m. 8:30 a.m. 8:30 a.m. 6.5d 6.9d 9.6d Computed4 Computed4 Computed4 14.0d5 Immediate Unsorted Regular RCPC Unsorted Regular Unsorted Premium Fine Sort2 Other Feds hissed! Cash Letter2 Regular Premium Non-machineable City RCPC Other Feds Non-Standard Unencoded Mixed Cash Letter High Dollar Group Sort In-Zone (RCPC) In-Zone (City) In-District Other Feds 0220,2220 0223,2223 All All In-Zone In-District Other-Feds 2/ Day Day Days Days V y y 8:30 a.m. 1A cash letter fee of 50.0$ applies to intradistrict cash letters except fine sort cash letters and High Dollar Group Sort cash letters. 2Contact an account manager for details. 3A fixed charge of $4.50 applies to fine sort packages. ‘ Availability on these deposits is subject to our interterritory crediting procedures. Contact an account manager for details. 5A cash letter fee of $3.25 applies to High Dollar Group Sort cash letters. =2“ J ilR S O T © O F F IC E C H E C K C O L L E C T O R S E R V IC E AIM© M I C E S C H E D U L E IN-ZOME DEPOSITORS Product Routing Symbol Per Item Charge1 A vailability C ut-O ff Time PCPC Unsorted Regular 0214,0219, 0280,2214, 2219 2.6$ Immediate 12:01 a.m. Unsorted Premium 0214,0219, 0280,2214, 2219 4.8$ Immediate 2:30 a.m. Group 2/ 2.0$ Immediate 12:01 a.m. Premium Group 2/ 3.0$ Immediate 3:00 a.m. 1.1$3 Immediate 4:00 a.m. 2/ 5.1$ 4.5$ 1 Business Day immediate Early In-Zone In-District Other Feds 2.8$ 2.9$ 5.2$ Computed4 Computed4 Computed4 9:00 p.m. 9:00 p.m. 9:00 p.m. Regular5 In-Zone In-District Other Feds 2.6$ 2.9$ 5.2$ Computed4 Computed4 Computed4 12:01 a.m. 12:01 a.m. 12:01 a.m. 0214,0219, 0280,2214, 2219 All 20.0$ 1 Business Day 8:30 a.m. $1.00 2 Business Days 8:30 a.m. In-Zone In-District Other Feds 6.6$ 8.9$ 9.2$ Computed4 Computed4 Computed4 2/ 10.0$6 Immediate 8:30 a.m. Fine S ort2 0214,0219, 0280,2214, 2219 O ther Feds4 as Group A Group B 2/ 10:00 p.m. 12:01 a.m. Mimed Cash L e tter2 Non-machineabBe Standard Non-Standard U nencoded M ined Cash Letter 2/ 2/ H igh D ollar G roup Sort 2/ 1A cash letter fee of 50.0<$ applies to intradistrict cash letters except fine sort cash letters and High Sort Group Dollar cash letters. 2Contact an account manager for details. 3A fixed charge of $4.50 applies to fine sort packages. ^Availability on these deposits is subject to our interterritory crediting procedures. Contact an account manager for details. 5On Friday nights and Saturday mornings, there is one consolidated cut-off time of 1:00 a.m. 6A cash letter fee of $8.00 applies to High Dollar Group Sort cash letters. = 3= G B A M F O R D ©EFFACE CF3ECAC COLLECTGOEM S E R V IC E AFAD EFFACE S C H E D U L E IN-ZONE DEPOSITORS Product Routing Symbol Per Item Charge1 A vailability C ut-O ff Time ir g p c Unsorted Regular 0212,0270, 2212 2.6$ Immediate 12:01 a.m. Unsorted Premium 0212,0270, 2212 4.8$ Immediate 2:30 a.m. y y 2.0$ Immediate 12:01 a.m. 3.0$ Immediate 3:00 a.m. 0212,0270, 2212 1.1$3 Immediate 4:00 a.m. Unsorted Regular All 5.2$ Computed4 12:01 a.m. Unsorted Premium All 5.7$ Computed4 10:00 p.m. 5.2$ Computed4 10:30 p.m. 4.4$ Computed4 12:01 a.m. 5.5$ Computed4 12:01 a.m. Group Premium Group Foo© S o rt2 Otlheir Feds Group A Group B Group D y y y Masted Cash L e tte r2 Early In-Zone In-District Other Feds 2.6$ 2.9$ 5.2$ Computed4 Computed4 Computed4 10:00 p.m. 10:00 p.m. 10:00 p.m. Regular In-Zone In-District Other Feds 2.6$ 2.9$ 5.2$ Computed4 Computed4 Computed4 12:01 a.m. 12:01 a.m. 12:01 a.m. Nora-m achineable Standard Non-Standard 0212,0270, 2212 All 20.0$ 1 Business Day 8:30 a.m. $1.00 2 Business Days 8:30 a.m. In-Zone In-District Other Feds 6.6$ 6.9$ 9.2$ Computed4 Computed4 Computed4 y y y 10.0$5 Immediate 8:30 a.m. Uneiricoded M ined Cash Letter H igh D o lla r G rou p S ort 2/ ’A cash letter fee of 50.00 applies to intradistrict cash letters except fine sort cash letters and High Dollar Group Sort cash letters. 2Contact an account manager for details. 3A fixed charge of $4.50 applies to fine sort packages. 4Availability on these deposits is subject to our interterritory crediting procedures. Contact an account manager for details. 5A cash letter fee of $9.00 applies to High Dollar Group Sort cash letters. =4- UTBCA ©FFSCE CHECEC C O L L E C T IO N ! S E R V IC E A M D P R IC E S C H E D U L E IW-ZONE DEPOSITORS Product City Routing Symbol Per Item Charge1 A vailability C ut-O ff Time 0210,0260, 0280,2260 2.9$ Immediate 12:01 a.m. 0213,2213 0213,2213 2/ 2/ 2.5$ 4.8$ 2.0$ 3.0$ Immediate Immediate Immediate Immediate 12:01 a.m. 2:45 a.m. 12:01 a.m. 3:00 a.m. 0213,2213 1.1$3 Immediate 4:00 a.m. In-Zone In-District Other Feds 2.5$ 2.9$ 5.2$ Computed4 Computed4 Computed4 8:00 p.m. 8:00 p.m. 8:00 p.m. Regular In-Zone In-District Other Feds 2.5$ 2.9$ 5.2$ Computed4 Computed4 Computed4 12:01 a.m. 12:01 a.m. 12:01 a.m. Premium In-Zone In-District Other Feds 4.8$ 2.9$ 5.2$ Computed4 Computed4 Computed4 1:30 a.m. 1:30 a.m. 1:30 a.m. 0213,2213 All 20.0$ $1.00 1 Business Day 2 Business Days 8:30 a.m. 8:30 a.m. In-Zone In-District Other Feds 6.5$ 6.9$ 9.2$ RCPC Unsorted Regular Unsorted Premium Group Premium Group Fine Sort2 fitted Cash Letter2 Early Nort-machineable Standard Non-Standard Unetieoded Earned Cash Letter High Dollar Group Sort 2/ 14.0$5 Computed4 Computed4 Computed4 Immediate y y y 8:30 a.m. JA cash letter fee of 50.0$ applies to intradistrict cash letters except fine sort cash letters and High Dollar Group Sort cash letters. 2Contact an account manager for details. 3A fixed charge of $4.50 applies to fine sort packages. “Availability on these deposits is subject to our interterritory crediting procedures. Contact an account manager for details. 5A cash letter fee of $16.00 applies to High Dollar Group Sort cash letters. =5“ S E C O N D D IS T R IC T C H E C K C O L L E C T IO N S E R V IC E A N D P R IC E S C H E D U L E PAYOR BAMK SERVICES Prices Service Type Account Total Service 1) Magnetic Tape $40 up to 50 totals 10C per total above 50 2) Electronic Transmission $50 up to 50 totals 25$ per total above 50 3) Facsimile, Telephone or Hardcopy $1.00 per total subject to $28 minimum MICR Lin© Capture Service 1) Magnetic Tape .1$ per item subject to $25 minimum 2) $50 up to 5,000 items .5$ per item above 5,000 plus telephone line charges Electronic Transmission Account Level Sorting Sendee Head Office $150 per pocket1 .1$ per item above 25,000 Buffalo and Utica $25 per pocket1 .1$ per item above 25,000 Cranford $75 per pocket1 .1$ per item above 25,000 Jericho $50 per pocket1 .1$ per item above 25,000 Paekag©°S@rt Processing Service Head Office 2.5$ per item RCPCs and Buffalo 1.4$ per item 1 Subject to a maximum of 2 pockets. -6- FED C O N T A C T S F O B O H IE C ^ S E R V IC E S B a n k S e rv ic e s O ffic e Head O ffice B ru ce A. C assella, B ank S e rvice s O ffic e r M ic h e le S. G o d fre y , B a nk S e rvice s O ffic e r (212) 791-6070 -6146 A c c o u n t M anagers Al B e vacq u a -6603 R on C o o k -6823 Sue D o u g h e rty -6601 K a th y R o llin g s -6604 R o cco M a g n o tta -6825 K evin P o w er -8045 J o h n R eich -6602 B uffa lo Branch R o b e rt J. M c D o n n e ll, O p e ra tio n s O ffic e r (716) 849-5022 A c c o u n t M anagers S a lly H a rd e n b u rg -5108 R ay M etz -5085 C h e c k P ro c e s s in g Head O ffice J o h n F. S obala, A s s is ta n t V ic e P re s id e n t (212) 791-5997 B uffa lo B ranch D avid P. S c h w a rz m u e lle r, O p e ra tio n s O ffic e r (716) 849-5018 C ranford O ffice Fred A. D e n e se vich , R e g io n a l M a n a g e r (201) 272-9000 Je rich o O ffice A n th o n y N. S a g lia n o , R e g io n a l M a n a g e r (516) 997 -4 56 9 U tica O ffice H a rry A. C u rth , Jr., R e g io n a l M a n a g e r •7- (315) 736-8321 SCHEDULE II FEDERAL RESERVE SYSTEM SUMMARY OF CHECK SERVICES, DEPOSIT DEADLINES AND PRICE SCHEDULES EffectiveJanuary1, 1986 Prepared b y: Federal Reserve Bank of New York FEDERAL RESERVE SYSTEM CHECK COLLECTION SERVICE AND FEE SCHEDULE CONSOLIDATED SHIPMENT AND DIRECT SEND INTERTERRITORY DEPOSITS EFFECTIVE JANUARY 1, 1986 CITY Unsorted OFFICE BOSTON: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 Regular Premium 2.25 1.7 0700 2.25 3.0 0830 Group Sort3 Regular Premium Unsorted Regular Regular Premium 3.25 0.7 0830 2.25 2.3 0001 2.25 3.5 0245 NWNE (Boston): Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.25 2.3 0001 Lew iston: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.25 1.9 0030 2.25 2.3 0200 Windsor Locks: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.25 2.3 0001 2.25 3.5 0245 NEW YORK: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 3.5 0700 Buffalo: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 2.3 0815 2.00 5.0 0830 2.00 2.5 0830 Group Sort3 Regular 2.25 1.5 0030 2.25 2.9 0300 3.25 0.9 0500 Regular Premium Regular Fine Sort Regular Premium NonMachimHOGS4 able 11.25 6.0 0830 2.25 16.0 0830 2.25 16.0 0830 2.25 1.7 0300 2.00 0.6 0400 22.25 5.5 0830 2.25 16.0 0830 2.25 2.9 0300 3.25 0.9 0400 7.25 6.0 0830 2.25 16.0 0830 2.00 25.0s 0830 5.25 14.0 0830 2.00 20.0s 0830 2.00 3.0 0300 4.50 1.1 0400 10.00 10.0 0830 2.00 20.0s 0830 2.00 2.0 0001 2.00 3.0 0300 4.50 1.1 0400 11.00 10.0 0830 2.00 20.0s 0830 2.00 4.8 0245 2.00 2.0 0001 2.00 3.0 0300 4.50 1.1 0400 18.00 14.0 0830 2.00 20.0s 0830 2.75 3.6 0230 2.75 2.4 0300/ 05006 3.50 1.1 0330/ 05306 9.75 12.0 0830 2.75 19.0 0830 2.00 4.8 0230 2.00 2.0 0001 Craunford: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 2.6 0001 2.00 4.8 0230 Utica: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 2.5 0001 2.75 2.5 0001 3.50 0.7 0830 Premium Group Sort3 4.50 1.1 0400 2.00 2.6 0001 Regular Unsorted 2.00 3.8 1200 Jericho: Cash L etter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 4.50 1.1 0930 2.75 2.2 0830 Premium 5.00 1.0 0930 2.00 4.8 0315 2.75 1.9 0700 Fine Sort 3.25 0.9 0300 2.00 2.5 0001 PHILADELPHIA: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 COUNTRY RCPC Fine Sort 1 2 FEDERAL RESERVE SYSTEM CHECK COLLECTION SERVICE AND FEE SCHEDULE CONSOLIDATED SHIPMENT AND DIRECT SEND INTERTERRITORY DEPOSITS EFFECTIVE JANUARY 1, 1986 CITY COUNTRY Group Sort 3 HDGS 4 NonMachinable 3.00 1.1 0200/ 03008 7.00 10.0 0830 3.50 16.0 1030 3.50 4.5 0245 3.00 1.1 0315 11.50 10.0 0830 3.50 16.0 0930 3.50 2.2 0001 3.50 4.5 0330 3.00 1.1 0400 9.00 10.0 0830 3.50 16.0 0930 3.00 0.9 0900 3.50 2.2 0001 3.50 4.5 0230 3.00 1.1 0230 9.00 10.0 0800 3.50 16.0 0745 3.00 0.9 0900 2.50 2.3 0001 2.50 4.6 0245 2.50 1.8 0100 2.50 2.7 0245 3.00 1.2 0330/ 0400® 22.50 11.0 0815 10.0 2.50 1.3 0830 2.75 2.4 0001 2.75 4.5 0315 2.75 1.9 0100 2.75 2.7 0315 2.50 1.3 0315/ 05009 16.75 8.0 0830 10.0 2.50 1.7 0900 2.25 1.0 0900 2.50 2.1 0001 2.50 4.8 0230 2.50 1.8 0100 2.50 2.8 0230 2.25 1.0 0330/ 0400® 16.00 10.0 0800 0900 2.50 1.8 0900 2.25 1.0 0900 2.50 2.1 0001 2.50 4.6 0245 2.50 1.8 0100 2.50 2.8 0245 2.25 1.0 0330 11.00 10.0 0900 2.50 10.0 1600 3.00 2.1 0900 3.00 1.1 0900 3.00 2.2 0001 3.00 4.4 0230 3.00 1.8 0100 3.00 2.8 0230 3.00 1.1 0300 Unsorted OFFICE RCPC Fine Sort Group Sort 3 Unsorted Regular Regular Premium 3.50 2.5 1030 3.00 0.9 1030 3.50 2.2 0001 3.50 4.5 0130 3.50 1.7 08307 3.50 2.5 0930 3.00 0.9 0930 3.50 2.2 0001 3.50 1.7 08307 3.50 2.5 0930 3.00 0.9 0930 3.50 1.7 07457 2.50 1.7 0900 Regular Premium 3.50 1.7 09307 Regular Premium Group Sort 3 Regular Premium Fine Sort Regular Premium Unsorted Regular Premium Regular Fine Sort Regular Premium CLEVELAND: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 C incinnati: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 Pittsburgh: Cash Letter Fee ($ )! Item Fee (cents/item ) Deposit Deadline2 Columbus: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 RICHMOND: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.50 1600 Baltimore: Cash L etter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.75 1.9 0700 2.75 2.5 0830 2.75 0830 Charlotte: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.50 10.0 Columbia: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 C harleston: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 3.00 10.0 0900 FEDERAL RESERVE SYSTEM CHECK COLLECTION SERVICE AND FEE SCHEDULE CONSOLIDATED SHIPMENT AND DIRECT SEND INTERTERRITORY DEPOSITS EFFECTIVE JANUARY 1, 1986 CITY Unsorted Group Sort3 Group Sort3 Fine Sort Regular Premium Regular 2,00 1.4 0900 2.00 0.9 0930 2.00 2.0 0001 3.50 3.1 0115 2.00 1.8 2200 2.00 1.2 0300 Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 1.3 0900 2.00 0.8 0900 2.00 1.9 0001 4.00 3.1 0130 2.00 1.5 2.00 1.0 0200 Jacksonville: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 1.2 0900 2.00 0.7 1000 2.00 1.9 0001 4.50 3.8 0230 Nashville: Cash L etter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 1.5 0900 2.00 0.9 1000 2.00 2.1 0001 3.50 3.6 0130 2.00 1.2 0130 New Orleans: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 1.75 1.3 0900 2.00 0.8 0900 1.75 2.0 0001 4.25 3.6 0215 2.00 1.2 0300 M iami: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 1.2 0630 2.00 0.7 0830 2.00 1.9 0001 3.00 3.0 0230 ATLANTA: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 Regular Premium Premium Unsorted Regular OFFICE Regular COUNTRY RCPC Fine Sort Premium Regular Premium Unsorted Regular Premium Group Sort3 Regular Fine Sort Regular Premium NonMachinHOGS4 able 5.00 10.0 0800* 2.00 13.0 0900 Birmingham: O 2.00 1.2 0330 2.00 1.0 o o o 3.00 2.6 0830 O o o 3.50 2.1 1000 2.00 1.1 0400 2.00 1.5 0001 3 2.00 13.0 0900 27.00 10.0 0800 2.00 13.0 0900 2.00 13.0 0900 1.75 11.0 0900 25.00 8.0 0830 2.00 13.0 0830 4 FEDERAL RESERVE SYSTEM CHECK COLLECTION SERVICE AND FEE SCHEDULE CONSOLIDATED SHIPMENT AND DIRECT SEND INTERTERRITORY DEPOSITS EFFECTIVE JANUARY 1, 1986 CITY Unsorted OFFICE RCPC Group Sort3 Regular Premium Regular CHICAGO: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 2.4 0630 2.00 2.7 0730 2.00 2.4 0830 Detroit: Cash Letter Fee ($ )! Item Fee (cents/item ) Deposit Deadline2 Regular Unsorted Group Sort3 COUNTRY Fine Sort Regular Premium Regular 3.75 1.0 0730/ 093012 2.00 3.6 0001 2.00 4.1 0100 2.00 3.9 0200 2.50 1.7 0900 2.75 0.7 0900 2.50 2.2 0001 3.00 4.0 0215 2.50 2.0 0100 Des Moines: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 1.6 0800 2.50 0.9 0830 2.00 2.5 0001 2.00 4.5 0215 2.50 1.0 0315 Indianapolis: Cash L etter Fee ($ )! Item Fee (cents/item ) Deposit Deadline2 2.00 1.5 0900 2.50 0.8 1000 2.00 1.8 0001 2.00 3.7 0300 2.50 1.0 0400 Milwaukee: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 2.0 0915 2.50 0.8 0945 2.00 2.1 0001 2.00 3.6 0145 2.50 1.3 0245 ST. LOUIS: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.50 2.6 0800 3.00 3.2 0900 2.00 0.9 1045/ 110013 2.50 2.6 0001 3.00 3.2 0215 2.00 1.0 0400 Little Rock: Cash L etter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.25 2.2 0900 2.25 3.2 1030 1.75 0.7 1100 2.25 2.6 0001 2.25 3.7 0130 Louisville: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 2.4 0815 2.50 3.3 0900 1.50 0.7 0900 2.00 2.5 0001 2.50 4.8 0200 1.50 0.7 0300 Memphis: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.75 2.2 0800 3.75 3.2 0930 1.75 1.2 0930 2.75 2.7 0001 3.75 3.6 0130 1.75 1.2 0330 2.00 1.7 0930 Premium Fine Sort 2.25 1.9 0001 Premium Regular Premium Unsorted Regular Premium Group Sort3 Regular Fine Sort Regular 3.75 1.5 0300 3.00 2.6 0415 2.75 1.1 0315 1.75 0.8 0200 3.20 1.3 0430 Premium NonMachinHOGS4 able 7.00 9.0 0830 2.00 10.0 0700 7.00 10.0 0900 2.50 7.7 0900 2.00 10.0 0800 3.75 1.4 0400 2.50 2.9 1900 2.00 1.1 2100 7.00 10.0 0900 2.00 10.0 0900 7.00 10.0 0830* 2.00 10.0 0800 10.00 5.0 0800* 2.50 12.0 0800 2.25 15.0 0900 2.00 12.0 0900 36.75 13.0 0930 2.75 12.0 0800 FEDERAL RESERVE SYSTEM CHECK COLLECTION SERVICE AND FEE SCHEDULE CONSOLIDATED SHIPMENT AND DIRECT SEND INTERTERRITORY DEPOSITS EFFECTIVE JANUARY 1, 1986 CITY Unsorted OFFICE RCPC Group Sort3 Regular Premium Fine Sort Unsorted Regular Premium MINNEAPOLIS: Cash Letter Fee (S)1 Item Fee (cents/item ) 2.00 1.8 Deposit Deadline2 0800 Helena: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 2.2 1000 KANSAS CITY: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 1.75 1.8 0830 Denver: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 1.75 1.8 0900 2.00 0.5 1000 1.75 2.1 0001 1.75 4.2 0130 Oklahoma City: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 1.75 1.7 0900 2.50 0.6 1000 1.75 2.1 0001 Omaha: Cash L etter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 1.75 1.9 0900 1.50 1.1 1000 1.75 2.3 0001 Regular Regular Premium 2.00 2.5 2.00 0.6 0915 0915 2.00 2.714 2.1/3.0 0001 2.00 4.1 14 3.6/4.4 0230 1.50 1.0 1000 2.00 2.8 0001 2.00 4.0 0030 Group Sort3 Regular Premium COUNTRY Fine Sort Regular Premium Unsorted Group Sort3 Fine Sort NonMach inHOGS4 able Regular Premium 3.00 0.9 14 0.6/1.4 0430 2.00 3.4 2.00 4.0 123015 150016 2.25 1.4 0300 2.00 3.0 1200 3.00 1.4 1400 1.75 2.9 21 2.3/3.3 0001 2.50 l . l 21 1.0/1.8 0100 2.00 0.5 0300 1.75 2.7 1300 2.00 0.5 1500 6.75 10.0 0815* 1.75 12.0 0815 1.75 3.4 0200 2.50 0.8 0515 1.75 2.3 2000 1.75 2.3 0001 2.50 0.9 0100 17.75 8.0 0900* 1.75 8.0 0900 1.75 2.8 0100 1.50 1.1 0200 1.75 2.9 1500 1.75 2.9 2100 1.50 1.4 1600 Regular Regular Premium 2.00 4.4 3.00 1.4 3.00 1.9 023017 1530/ 030019 7.00 7.0 2.00 10.0 0800 30.00 12.0 0900 2.00 12.0 1000 O OU 0800 1.75 3.8 0930 1.75 1.6 093020 2.20 0.8 0930 1.75 1.8 0100 5 1.75 12.0 0830 1.75 10.0 0900 6 FEDERAL RESERVE SYSTEM CHECK COLLECTION SERVICE AND FEE SCHEDULE CONSOLIDATED SHIPMENT AND DIRECT SEND INTERTERRITORY DEPOSITS EFFECTIVE JANUARY 1, 1986 CITY Unsorted OFFICE RCPC Group Sort 3 Fine Sort COUNTRY HDGS 4 10.00 7.5 0830 2.00 15.0 0900 2.50 1.1 0400 10.00 7.5 0900 2.00 15.0 0900 2.00 3.5 0115 2.50 1.1 0400 10.00 7.5 0900 2.00 15.0 0930 2.00 3.3 0001 2.00 4.5 0030 2.50 1.3 0300 14.50 15.0 0915 2.00 15.0 0915 Group Sort 3 Regular Premium 2.00 1.8 0900 2.50 0.9 0930 2.00 2.4 0001 2.00 3.5 0115 2.50 1.1 0400 2.00 1.8 0900 2.50 0.9 0930 2.00 2.4 0001 2.00 3.5 0115 2.00 1.8 0930 2.50 0.9 1030 2.00 2.4 0001 2.00 1.8 0915 2.50 0.9 1015 Premium Regular Premium Regular Premium Fine Sort Regular Regular Group Sort 3 NonMachinable Unsorted Regular Premium Unsorted Regular Premium Fine Sort Regular Regular 2.00 2.3 200022 2.50 1.1 213022 Premium DALLAS: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 2.9 1330 H ouston: Cash Letter Fee ($ )! Item Fee (cents/item ) Deposit Deadline2 San A ntonio: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 El Paso: Cash Letter Fee ($ )J Item Fee (cents/item ) Deposit Deadline2 SAN FRANCISCO: Cash Letter Fee (S)1 Item Fee (cents/item ) Deposit Deadline2 2.00 3.0 0001 3.00 0.8 0500 2.00 11.5 0730 2.00 2.2 0730 2.00 2.0 0800 3.00 0.8 1000 2.00 2.5 0001 2.00 4.3 0200 2.00 2.16 3.00 0.8 0500 2.00 2.2 0800 2.00 2.0 0830 3.00 0.8 1000 2.00 2.5 0001 2.00 4.3 0200 2.00 2.16 3.00 0.8 0500 2.50 0.6 0930 2.00 2.3 0001 2.00 4.0 0200 2.00 1.96 2.50 0.8 0400 8.00 8.0 0900* 2.00 11.5 0900 2.50 0.6 1100 2.00 2.3 0001 2.00 4.0 0200 2.00 1.96 2.50 0.8 0500 21.00 8.0 0730 2.00 11.5 0900 2.50 0.6 1000 2.00 2.3 0001 2.00 4.0 0200 2.00 1.96 2.50 0.8 0400/ 050023 Los Angeles: Cash Letter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 11.5 0800 P ortland: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 1.9 0900 Salt Lake City: Cash L etter Fee ($)* Item Fee (cents/item ) Deposit Deadline2 2.00 1.9 0930 2.00 3.8 1015 S ea ttle: Cash Letter Fee ($ )! Item Fee (cents/item ) Deposit Deadline2 2.00 1.9 0900 2.00 11.5 0900 FOOTNOTES: I This is a fixed charge that applies to each cash letter deposit. 2Oeposit deadline times are shown using military time, e.g., 2:30 a.m. = 0230 and 2:30 p.m. = 1430. 3 Contact the receiving Federal Reserve Office for details on Group Sort deposits. 4 The High Dollar Group Sort (HDGS) product is offered Tuesday through Friday. An asterisk beside the deadline indicates that service is also available on Monday. 5 A new charge for nonstandard nonmachinable items is being introduced. The charge is $1.50/item in New York and $1.0Q/item in Buffalo, Jericho, Cranford and Utica. 6 The deposit deadline varies by group of endpoints. Contact the receiving Federal Reserve Office for specific deposit deadlines and routing numbers. 7 The Cleveland Office offers a service (Sort Fourth) which accepts all Fourth District city and HDGS items in a single cash letter. Deadlines are at 0130 and 0300. Fees are $4.75 per cash letter; 1.9i for Cleveland city items; 2.5^ for other Fourth District city items-, 25^ for HDGS items. At the 0130 deadline Cleveland premium RCPC items may also be included in the cash letter for 4.5^ per item. 8 Data cards required at later deposit deadline. 9 The 0315 deposit deadline applies to Maryland/West Virginia endpoints only —routing numbers 0521, 0522, 2521, and 2522. 10 Birmingham offers five different RCPC group sorts: three have a deposit deadline at 0001; one group has a deposit deadline at 1900 and one at 2100. The item fee for four of these groups is 1.5i\ for the fifth group the fee is 1.7^ per item. II RCPC regular group sort shown at the 0001 deposit deadline is one group sort containing both City and RCPC endpoints. 12 The 0730 deposit deadline applies to all Chicago Clearinghouse endpoints. The 0930 deposit deadline applies to selected large Chicago Clearinghouse endpoints. 13 The 1045 deposit deadline applies to St. Louis Clearinghouse endpoints only. 14 Depositors have a choice of paying a single fee for each RCPC item (2.7i at regular deadline, 4.1(^ at premium deadline and 0.9^ for fine sort) or paying a two-tier price shown in the next line. Use of two-tier pricing does not require additional sorting by the depositor. 15The 1230 deposit deadline applies Monday through Thursday. The deposit deadline is 0001 on Saturday. 16The 1500 deposit deadline applies Monday through Thursday. The deposit deadline is 0830 on Saturday. 17 Unsorted country cash letters may be deposited for calculated availability at this deadline. Item fee is \ A i for immediate avail ability items and 3.4^ on one-day deferred items. Cash letter fee for calculated availability deposits is $3.00. Offered Tuesday through Friday. 18The 1530 deposit deadline applies to South Dakota endpoints only. On Saturday an 0830 deadline applies to all country endpoints. 19 Selected endpoints only. Offered Tuesday through Friday. 20 Kansas City offers a second city group at 1.3i per item at the same 0930 deposit deadline. 21 Depositors have a choice of paying a single fee for each country item (2.9i for regular unsorted deposits and 1.1 i for fine sort deposits) or paying a two-tier price shown on the next line. Use of two-tier pricing does not require additional sorting by the depositor. 22 The deposit deadline is 1700 on Sunday. 23 The 0400 deposit deadline applies to Alaska endpoints only. 7
@FedFRASER