[Federal Register Volume 61, Number 129 (Wednesday, July 3, 1996)]
[Notices]
[Pages 34817-34837]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-16965]
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[[Page 34818]]
FEDERAL HOUSING FINANCE BOARD
[No. 96-N-4]
Prices for Federal Home Loan Bank Services
AGENCY: Federal Housing Finance Board.
ACTION: Notice of prices for Federal Home Loan Bank services.
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SUMMARY: The Federal Housing Finance Board (Board) is publishing the
prices charged by the Federal Home Loan Banks (Banks) for processing
and settlement of items (negotiable order of withdrawal or NOW), and
demand deposit accounting (DDA) and other services offered to members
and other eligible institutions.
EFFECTIVE DATE: July 3, 1996.
FOR FURTHER INFORMATION CONTACT: Edward J. Reedy, Associate Director,
Regulatory Oversight Division, (202) 408-2959; or Edwin J. Avila,
Financial Analyst, (202) 408-2871; Federal Housing Finance Board, 1777
F Street, N.W., Washington, D.C. 20006.
SUPPLEMENTARY INFORMATION: Section 11(e) of the Federal Home Loan Bank
Act (Bank Act) (12 U.S.C. 1431(e)) authorizes the Banks (1) to accept
demand deposits from member institutions, (2) to be drawees of payment
instruments, (3) to engage in collection and settlement of payment
instruments drawn on or issued by members and other eligible
institutions, and (4) to engage in such incidental activities as are
necessary to the exercise of such authority. Section 11(e)(2)(B) of the
Bank Act (12 U.S.C. 1431(e)(2)(B)) requires the Banks to make charges
for services authorized in that section, which charges are to be
determined and regulated by the Board.
Section 943.6(c) of the Board's regulations provides for the annual
publication in the Federal Register of all prices for Bank services.
The following fee schedules are for the four Banks which offer item
processing services to their members and other qualified financial
institutions. Most of the remaining Banks provide other Correspondent
Services which may include securities safekeeping, disbursements, coin
and currency, settlement, electronic funds transfer, etc. However,
these Banks do not provide services related to processing of items
drawn against or deposited into third party accounts held by their
members or other qualified financial institutions.
District 1.--Federal Home Loan Bank of Boston (1996 NOW/DDA Services)
(Services not provided)
District 2.--Federal Home Loan Bank of New York (1996 NOW/DDA Services)
(Does not provide item processing services for third party accounts)
District 3.--Federal Home Loan Bank of Pittsburgh (1996 NOW/DDA
Services) Deposit Processing Service (DPS)
DPS Deposit Tickets--$0.5700 Per Deposit, Printing of Deposit Tickets
Deposit items processed for volumes Pass-through pricing varies--tiered
of: by monthly volume:
1-25,000....................... 0.0365 per item (transit)
25,001-58,500.................. 0.0359 per item.
58,501-91,500.................. 0.0354 per item.
91,501-125,000................. 0.0348 per item.
125,001-158,500................ 0.0343 per item.
158,501-191,500................ 0.0337 per item.
191,501-over................... 0.0332 per item.
Deposit items encoded (west) for Pricing varies--tiered by monthly
volumes of: volume:
1-25,000....................... $0.0302 per item.
25,001-58,500.................. 0.0297 per item.
58,501-91,500.................. 0.0292 per item.
91,501-125,000................. 0.0287 per item.
125,001-158,500................ 0.0282 per item.
158,501-191,500................ 0.0277 per item.
191,501-over................... 0.0272 per item.
Deposit items encoded (east) for Pricing varies--tiered by monthly
volumes of: volume:
1-25,000....................... $0.0323 per item.
25,001-58,500.................. 0.0318 per item.
58,501-91,500.................. 0.0313 per item.
91,501-125,000................. 0.0308 per item.
125,001-158,500................ 0.0303 per item.
158,501-191,500................ 0.0298 per item.
191,501-over................... 0.0293 per item.
Deposit Items Returned............. 1.8500 per item.
Deposit Items Photocopied.......... 3.6500 per photocopy.
DPS Photocopies--Subpoena.......... 18.0000 per hour of processing
time.
plus......................... 0.2500 per photocopy.
Deposit Items Rejected............. 0.2300 per rejected item.
(applicable to pre-encoded deposits only)
DPS Transportation (West).......... 8.5000 per pickup.
DPS Transportation (East).......... 8.5000 per pickup.
Return Check Courier Service....... 125.0000 per month.
DEPOSITORY ACCOUNT SERVICES
Mail Deposits...................... $5.4000 per deposit.
``On-Us'' Returns Deposited:
Qualified Returns........ 0.5000 per item.
Raw Returns.............. 2.0000 per item.
[[Page 34819]]
Bond Coupon Collection......... 6.0000 per envelope.
Bond Coupon Returns............ 15.0000 per coupon.
Bond Collection:
Bearer................... 23.0000 per bond.
Registered............... 31.0000 per bond.
Deposit Transfer Vouchers...... 5.4000 per item.
Foreign Item Collection........ Pass-through.
Electronic Funds Transfer
Incoming Wire Transfers............ $6.0000 per transfer.
Outgoing Wire Transfers (Automated/ 7.0000 per transfer.
Link).
Outgoing Wire Transfers (Manual)... 10.0000 per transfer.
Fax of Wire Transfer Advice........ To be Announced.
Internal Book Transfer Advice No Charge.
(Automated/Link).
Internal Book Transfers (Manual)... 1.0000 No Charge.
Foreign Wire Surcharge............. 30.0000 No charge.*
Expected Wires Not Received........ Penalty Assessed.**
Automated Clearing House (ACH)..... ...................................
ACH Transaction Settlement (CR).... 0.2550 per transaction.
ACH Transaction Settlement (DR).... 0.2550 per transaction.
ACH Origination Items (CR)......... 0.2000 per item.
ACH Origination Items (DR)......... 0.2000 per item.
ACH Origination Record Set-Up...... 1.5500 per record.
ACH Origination Items Returned..... 5.0000 per returned item.
ACH Returns/Notification of Change 2.0600 per transaction.
(NOCs)--Facsimile.
ACH Returns/NOC's--Telephone....... 3.3500 per transaction.
ACH/Federal Reserve Board (FRB) 0.2700 per transaction.
Priced Service Charges.
* Note: This surcharge will be added to the amount of the outgoing funds
transfer to produce a single total debit to be charged to the customer's
account on the date of transfer.
** Note: Standard penalty is equivalent to the amount of the wire(s)
times the daily Interest on Demand (IOD) rate, divided by 360. If the
wire not received causes the Bank to suffer any penalty, deficiency, or
monetary loss, any and all related costs will also be assessed.
FEDERAL RESERVE SETTLEMENT
FRB Statement Transaction (CR)..... $0.5500 per transaction.
FRB Statement Transaction (DR)..... 0.5500 per transaction.
Reserve Requirement Pass-Thru...... 25.0000 per month (active).
Correspondent Transaction (DR)..... 0.5500 per transaction.
Direct Send Settlement............. 140.0000 per month.
FRB Inclearing Settlement.......... 140.0000 per month.
DEMAND DEPOSIT SERVICES
Clearing Items Processed........... $0.1450 per item.
Clearing Items Fine Sorted (for 0.0730 per item.
return with Bank statements).
Reconcilement Copies--Manual....... 0.0870 per copy.
Reconcilement Copies--MagTape...... 0.0490 per copy.
Reconcilement MagTape Processing... Pass-through.
Reconcilement Copies--Voided....... 0.0400 per copy.
Check Photocopies--Mail............ 3.7500 per photocopy.
Check Photocopies--Telephone/Fax... 4.5000 per photocopy.
Check Photocopies--Subpoena........ 0.6520 per photocopy.
Stop Payment Orders................ 16.2500 per item.
FRB Return Items................... 0.5000 per item.
FRB Return Items Over $2,500....... 6.0000 per item.
Collections & Forgeries............ 15.0000 per item.
Imprinting of Standard Checks...... 0.1100 per item.
Non-Standard Imprinting............ Pass-through.
Microfiche Copies.................. 5.0000 per copy.
Request for Fax/Photocopy.......... 3.0000 per document.
IMAGE STATEMENT SERVICE PROOF OF DEPOSIT (POD) SERVICE
Pricing for each of these premium services is customer-specific, based
upon individual service requirements; please call your Marketing
representative at (800) 288-3400 for further information.
COIN & CURRENCY SERVICE: WESTERN
SERVICE AREA
Currency Orders.................... $0.3550 per $1,000.*
Coin Orders........................ 2.3500 per box.
Currency Deposits.................. 1.2400 per $1,000.*
Coin Deposits...................... 1.8000 per standard bag.
Coin Deposits (Non-Standard)....... 2.7500 per non-standard bag.
Coin Deposits (Unsorted)........... 8.5000 per mixed bag.
Food Stamp Deposits................ 1.8000 per $1,000.*
Coin Shipment Surcharge............ 0.2500 per excess bag.**
C&C Transportation (Zone W1)....... 16.1000 per stop.
C&C Transportation (Zone W2)....... 27.6000 per stop.
C&C Transportation (Zone W3)....... 36.8500 per stop.
C&C Transportation (Zone W4)....... Negotiable.***
COIN & CURRENCY SERVICE: EASTERN
SERVICE AREA
Currency Orders.................... $0.3100 per $1,000.*
[[Page 34820]]
Coin Orders........................ 2.7500 per box.
Currency Deposits.................. 1.2400 per $1,000.*
Coin Deposits...................... 1.8000 per standard bag.
Coin Deposits (Non-Standard)....... 2.7500 per non-standard bag.
Coin Deposits (Unsorted)........... 8.5000 per mixed bag.
Food Stamp Deposits................ 1.8000 per $1,000.*
Coin Shipment Surcharge............ 0.2500 per excess bag.**
C&C Transportation (Zone E1)....... 24.6000 per stop.
C&C Transportation (Zone E2)....... 34.3500 per stop.
C&C Transportation (Zone E3)....... 52.8500 per stop.
C&C Transportation (Zone E4)....... Negotiable.***
* Note: Charges will be applied to each $1,000 ordered or deposited, and
to any portion of a shipment not divisible by that standard unit.
** Note: A surcharge will apply to each container (box/bag) of coin in
an order/delivery after the first 20 containers.
*** Note: Reserved for remote locations: delivery charges will be
negotiated with the courier service on an individual basis.
CHECK PROCESSING (INCLEARING)
Checks Processed for volumes of: Pricing varies--tiered by monthly
volume:
1-25,000....................... $0.0435 per item.
25,001-58,500.................. 0.0409 per item.
58,501-91,500.................. 0.0383 per item.
91,501-125,000................. 0.0357 per item.
125,001-158,500................ 0.0332 per item.
158,501-191,500................ 0.0306 per item.
191,501-350,000................ 0.0280 per item.
350,001-500,000................ 0.0254 per item.
500,001-over................... 0.0229 per item.
FULL BACKROOM SERVICE (ITEM
PROCESSING CHARGES)
Non-Truncated Checks for volumes Pricing varies--tiered by monthly
of: volume:
1-25,000....................... $0.0570 per item.
25,001-58,500.................. 0.0555 per item.
58,501-91,500.................. 0.0540 per item.
91,501-125,000................. 0.0525 per item.
125,001-158,500................ 0.0510 per item.
158,501-191,500................ 0.0495 per item.
191,501-350,000................ 0.0480 per item.
350,001-500,000................ 0.0450 per item.
500,001-over................... 0.0420 per item.
Truncated Checks for volumes of: Pricing varies--tiered by monthly
volume:
1-25,000....................... $0.0470 per item
25,001-58,500.................. 0.0455 per item.
58,501-91,500.................. 0.0440 per item.
91,501-125,000................. 0.0425 per item.
125,001-158,500................ 0.0410 per item.
158,501-191,500................ 0.0395 per item.
191,501-350,000................ 0.0380 per item.
350,001-500,000................ 0.0350 per item.
500,001-over................... 0.0320 per item.
MODIFIED BACKROOM SERVICE (ITEM
PROCESSING CHARGES)
Non-Truncated Checks for volumes Pricing varies--tiered by monthly
of: volume:
1-25,000....................... $0.0470 per item.
25,001-58,500.................. 0.0455 per item.
58,501-91,500.................. 0.0440 per item.
91,501-125,000................. 0.0425 per item.
125,001-158,500................ 0.0410 per item.
158,501-191,500................ 0.0395 per item.
191,501-350,000................ 0.0380 per item.
350,001-500,000................ 0.0350 per item.
500,001-over................... 0.0320 per item.
Truncated Checks for volumes of: Pricing varies--tiered by monthly
volume:
1-25,000....................... $0.0370 per item.
25,001-58,500.................. 0.0355 per item.
58,501-91,500.................. 0.0340 per item.
91,501-125,000................. 0.0325 per item.
125,001-158,500................ 0.0310 per item.
158,501-191,500................ 0.0295 per item.
191,501-350,000................ 0.0280 per item.
350,001-500,000................ 0.0250 per item.
500,001-over................... 0.0220 per item.
CHECK PROCESSING (ASSOCIATED
SERVICES)
Over-The-Counter Items............. $0.1800 per item.
OTC Item Transportation............ 10.0000 per month.
Special Cycle Sorting.............. 0.0210 per item.
Mid-Cycle Statement (Purged)....... 0.5200 per item (Min $2.60).
Mid-Cycle Statement (Non-Purged)... 2.6000 per statement.
Check (NOW) Statement Processing:
Statements using Generic 0.0591 per envelope.
Envelopes.
[[Page 34821]]
Statements using Custom 0.0965 per envelope.
Envelopes.
Statements using Large 0.5582 per envelope.
Envelopes.
Additional Stuffer Processing...... 0.0250 per stuffer.
(One stuffer per statement free--applicable to all additional stuffers
Selective Stuffer Processing....... 0.0680 per statement.
Daily Report Postage............... Pass-through.
Statement Postage.................. Pass-through.
Standard Return Calls.............. 1.1300 per item.
Automated Return Calls............. 0.2626 per item.
Return Calls via Link.............. 0.8000 per item.
Late Return Calls.................. 2.2500 per item.
FRB Return Items................... 0.5000 per item.
FRB Return Items Over $2,500....... 6.0000 per item.
Check Photocopies--Mail............ 3.7500 per photocopy.
Check Photocopies--Telephone/Fax... 4.5000 per photocopy.
Check Photocopies--Subpoena........ 0.6500 per photocopy.
Signature Verification Copies...... 0.7500 per copy.
Check Retrieval.................... 1.5000 per item.
Magnetic Ink Character Recognition 26.0000 per month.
(MICR) Sort Option (Fixed Fee).
MICRSort Option (per item)......... 0.0300 per item.
Check Reconcilement Service........ (See Separate Section).
Collections & Forgeries............ 15.0000 per item.
Monthly Checks Processed Journal 0.0020 per item.
(MCPJ) Microfiche Service.
(Min. $15.00, Max. $75.00).
Microfiche Copies.................. 5.0000 per copy.
Microfilm Processing............... 5.2500 per roll.
Microfilm Duplication.............. 10.7500 per roll.
Transportation..................... Pass-through.
STATEMENT SAVINGS PROCESSING
Statements using Small Envelopes... $0.0991 per envelope.
Statements using Custom Envelopes.. 0.1265 per envelope.
Statements using Large Envelopes... 0.5682 per envelope.
CHECK RECONCILEMENT SERVICE
Reconcilement Items Processed...... $0.2250 per item.
Stop Payment Orders................ 10.0000 per item.
Microfiche Copies.................. 3.0000 per copy.
Account Reconcilement.............. 15.0000 per account.
* Note: Individual service charges are detailed in a monthly statement
provided specifically for this service. The net of these charges is
posted to Check Processing and appears as a single line item on the
monthly billing statement.
ACCOUNT MAINTENANCE
Demand Deposit Accounts............ $21.5000 per month, per account.
Telephone Balance Inquiry.......... 2.0000 per telephone call.
Cut-Off Statements................. 10.0000 per statement.
Paper Advice of Transactions (Daily 1.0000 per statement.
Transaction Statement).
Daily Transaction Data via Link.... No Charge.
ACCOUNT OVERDRAFT PENALTY
Greater of $75.00 and interest on the amount of the overdraft
(Rate used for calculation equal to the highest posted advance rate plus
3.0%)
ATTENTION: CUSTOMERS RECEIVING TRANSPORTATION CHARGES UNDER ANY SERVICE
Rates and charges relative to transportation vary depending on the
location of the office(s) serviced. Details regarding the pricing for
the transportation to/from specific institutions or individual locations
will be provided upon their subscription to that service.
Surcharges may be applicable and will be applied to the customer as
effective and without prior notice.
District 4.--Federal Home Loan Bank of Atlanta (1996 NOW/DDA Services)
(Does not provide item processing services for third party accounts.)
District 5.--Federal Home Loan Bank of Cincinnati (1996 NOW/DDA
Services)
(Does not provide item processing services for third party accounts.)
District 6.--Federal Home Loan Bank of Indianapolis (1996 NOW/DDA
Services)
Cash Management Services (CMS)
Transaction Charges
Paid Check charge...................................... $0.16 per item.
Paper Advice........................................... .065 per item.
Tape Advice............................................ .040 per item.
Stop Payments.......................................... 6.00 per stop.
Photo copies........................................... 2.50 per copy.
Fine Sort Numeric Sequence............................. .025 per item.
Collection/Return/Exception............................ 5.00.
Daily Statement........................................ 2.00.
[[Page 34822]]
Maintenance............................................ 30.00 per month.
Debit Entries.......................................... no charge.
Credit Entries......................................... no charge.
Checks (Administration Fee)............................ .02 per item.
Special Cutoff......................................... no charge.
Infoline............................................... 50.00 per month.
VRU (Voice Response Unit).............................. 1.00 per inquiry.
Collected Balances Will Earn Interest at the CMS daily posted rate.
Now Account Services
Transaction Charges
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Safekeeping Turnaround (daily or Complete Image*
-------------------------- cycled) ---------------------------------------------------
Monthly volume --------------------------
Per item Cost Per item Cost Per item Cost Per item Per stmt
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0-5,000......................................... $.048 $240. $.056 $280. $.080 $400. $.06 $.40
5-10,000........................................ $.040 $200. $.051 $255. $.078 $390. $.06 $.40
10-15,000....................................... $.039 $195. $.047 $235. $.076 $380. $.06 $.40
15-25,000....................................... $.034 $340. $.040 $400. $.075 $750. $.06 $.40
25-50,000....................................... $.033 $825. $.036 $900. $.073 $1,825. $.06 $.40
50-75,000....................................... $.029 $725. $.033 $825. $.069 $1,725. $.06 $.40
75-100,000...................................... $.026 $650. $.030 $750. $.068 $1,700. $.06 $.40
100-and up...................................... $.024 ........... $.027 ........... $.067 ........... $.06 $.40
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Ancillary Service Fees:
Large Dollar Signature Verification................ $0.50.
Over-the-Counters and Microfilm.................... 0.035.
Return Items....................................... 2.15.
Photocopies ** and Facsimiles...................... 2.50.
Certified Checks................................... 1.00.
Invalid Accounts................................... 0.50.
Invalid Returns.................................... 0.50.
Late Returns....................................... 0.50.
No Magnetic Ink Character Recognition/ Over the 0.50.
Counter (MICR/OTC).
Settlement Only.................................... 100.00 per month.
+ Journal Entries.................................. 3.00 each.
Encoding Errors.................................... 2.75.
Fine Sort Numeric Sequence......................... 0.02.
Access to Infoline................................. 50.00 per month.
High Dollar Return Notification.................... no charge.
Debit Entries...................................... no charge.
Credit Entries..................................... no charge.
Standard Stmt. Stuffers (up to 2)***............... no charge.
Minimum processing fee of $40.00 per month will apply for total NOW services.
Also included in the above fees--at no additional cost are Federal Reserve fees, incoming courier fees, software
changes, disaster recovery, envelope discount and inventory.
* Image Monthly Maintenance Fee of $500.00 for 0-32% of accounts; $300.00 for 33-49% of accounts; and $200.00
for 50%+ will be assessed for Image Statements.
** Photocopy request of 50 or more are charged at an hourly rate of $15.00.
*** Each additional (over 2) will be charged at $.02 per statement.
Fee
Wire Transfer Services:
In (Per transfer) Domestic..................... $4.00.
Out (Per transfer) Domestic.................... 7.50.
International Wires............................ 25.00.
Depository Transfer Checks: Per Check.............. $2.00.
Treasury Tax and Loan Settlement Service: Per $2.00.
Transaction.
Charge Card Transaction: Per Transaction........... $1.50.
Automated Clearing House (ACH) Service:
Tape Transmission.............................. $8.50.
or Origination................................. .045 per item.
Michigan Clearing House, Indiana Clearing House Actual Federal Reserve Charges.
(MACHA, INDEX).
ACH Entries Clearing through our R&T Number.... $.25 per item.
Settlement Only................................ $65.00 per month.
ACH Returns/NOC................................ $2.50 per item.
[[Page 34823]]
Coin and Currency:
Deliveries--Indiana and Michigan:
Prices based on delivery location, excess bag fee (courier) and order preparation. Cost will vary per
institution.
Returns........................................ $12.50.
Non-Transit Customer........................... $10.00.
Orders (Member uses own courier)............... $15.00.
Special Order*................................ $15.00.
*Any order placed after normal order has been received and processed by Federal Home Loan Bank.
Proof and Transit Processing:
Pre-encoded Items:
City...................................... $0.04 per item.
Remote Check Processing Center (RCPC)...... $0.05 per item.
Other Districts............................ $0.085 per item.
Unencoded...................................... $0.165 per item.
Food Stamp..................................... $0.14 per item.
Photocopies*................................... $2.50 per copy.
Adjustments on pre-encoded work................ $2.75 per error.
E Z Clear...................................... $0.14 per item.
Coupons........................................ $8.25 per envelope.
Collections.................................... $6.00 per item.
Cash Letter.................................... $2.00 per cash letter.
Deposit Adjustments............................ $0.30 per adjustment.
Debit Entries.................................. no charge.
Credit Entries................................. no charge.
Microfilming................................... no charge.
Mortgage Remittance (Basic Service)............ $0.35.
Settlement Only................................ $100.00 per month.
+ Journal Entries.......................... $3.00 each.
Third Party Fedline........................... $.50 each.
Courier**
Marion County.............................. $8.25 per location, per day, per pickup.
Other...................................... Prices vary per location.
*Multiple Photocopies (more than 50 per request) $15.00 per hour.
**Includes branch work transfer and correspondence to and from Federal Home Loan Bank.
All Fees Subject to Change.
District 7.--Federal Home Loan Bank of Chicago (1996 NOW/DDA Services)
(Does not provide item processing services for third party accounts)
District 8.--Federal Home Loan Bank of Des Moines (1996 NOW/DDA
Services)
Demand Account Analysis Fee Schedule:
Account Maintenance................................ $12.00.
Account Reconciliation............................. 35.00.
Electronic Cash Manager............................ 25.00 (plus connect charge).
Non-ECM Distribution of Reports.................... 75.00.
Drafts Paid:.
Truncated...................................... 0.045.
Non-Truncated.................................. 0.055.
Stop Payments...................................... 7.00.
Ledger Entries--Credits............................ 0.35.
Ledger Entries--Debits............................. 0.15.
Bank Wires In...................................... 3.00.
Bank Wires Out..................................... 4.00.
ACH Settlement Charges............................. 1.00.
Special Cut-Off Statements......................... 10.00.
Account Reconciliation Tape Issues................. 0.015.
Issue Encoding..................................... 0.0225.
Pre-Encoded Issues................................. 0.015.
Collections:
Bonds/Coupons Per Envelope Local/Government.... 5.00.
Out-of-Town.................................... 7.00.
Domestic/Checks.................................... 15.00 (Plus Actual).
Foreign............................................ 25.00 (Plus Actual).
Miscellaneous...................................... Actual.
ACH Fee Schedule:
FRB/ACH Pass Thru.................................. Actual.
FRB/ACH Settlement................................. $1.00.
Origination Service:
Set Up New Account (One Time Charge)........... 50.00.
Formatted Tape................................. 10.00.
Reformat Tape.................................. 10.00.
Per Item On Tape*.............................. .05.
[[Page 34824]]
Paper Input: Monthly Maintenance............... 20.00.
Data Entry Per Item*........................... .25.
Day Cycle Deposit Charge:
Local DB/CR................................ .0550.
Out-of-State DB/CR......................... .0550.
Prenotes................................... .0550.
Addendas................................... .0550.
Night Cycle Deposit Charge Premium:
Local DB/CR............................... .07.
Out-of-State DB/CR........................ .07.
Prenotes.................................. .07.
Addendas.................................. .07.
Warehousing Per Item........................... .0050.
Originator Volume Discount--Monthly:
5,000 to 20,000........................... -.005.
Over 20,000............................... -.01.
Return Items................................... 1.50.
Transportation Charges......................... Negotiable.
Special Service/Handling....................... Negotiable.
Telephone Advice:
Per Call................................... 2.00.
Miscellaneous............................. Actual.
Minimum Monthly Billing........................ 50.00.
*Plus ACH Origination Fee..........................
Des Moines Regional Center--Deposit Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Description Below 50,000 50,000-100,000 100,000-300,000 Over 300,000
----------------------------------------------------------------------------------------------------------------
Deposited Item Charges:
Local...................................... .02 .015 .014 .011
RCPC....................................... .030 .025 .022 .020
RCPC-Premium............................... .045 .045 .045 .045
Transit.................................... .0525 .051 .05 .049
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Other Fees
Encoding............................................... $.0225.
Return Items: Return Items............................. .75/item.
Special Handling:
Subtotal by Office............................ 1.50/office total.
Individual Entries............................ .50/entry.
Telephone Notification less than $2,500....... .60/item.
Large Dollar Notification (Reg. J.)................ 3.00/item.
Collection/Settlement Services:
Bonds/Coupons Per Envelope:
Local/Government 5.00.
Out-of-Town 7.00.
Domestic/Checks.................................... 15.00 (Plus Actual).
Canadian Items..................................... .25/item.
Foreign............................................ 25.00 (Plus Actual).
Miscellaneous...................................... Actual.
Federal Reserve Settlement Entries................. 1.00/entry.
Food Coupons....................................... .02.
Non-Processable Items.................................. 15/item.
Cash Services:
Currency/Coin Orders............................... 2.00/order.
Special Orders................................. Standard order fee plus actual charges.
Foreign Currency Orders....................... 2.50/order.
Coin--per roll................................ .0385/roll.
Currency/Coin Deposits:
Standard Packaging............................ .50.
Non-Standard Packaging........................ 10.00.
Foreign Currency Deposits..................... 5.00/deposit.
Currency Per Strap............................ .25.
Delivery Charge (includes return delivery to FRB 53.00/stop.
Chicago).
Balance/Availability Reporting......................... 30.00/month.
Endpoint Analysis...................................... 20.00/day.
Photocopies............................................ 2.75/copy.
Research............................................... 20.00/hour.
[[Page 34825]]
Kansas City Regional Center--Deposit Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Description Below 25,000 25,000-50,000 50,000-250,000 Over 250,000
----------------------------------------------------------------------------------------------------------------
Deposited Item Charges:
Local....................................... 0.0170 0.0160 0.0150 0.0075-0.0140
Regional.................................... 0.0280 0.0250 0.0220 0.0150-0.021
Country..................................... 0.0280 0.0250 0.0220 0.0150-0.021
Transit..................................... 0.0540 0.0530 0.0510 0.0435-0.050
----------------------------------------------------------------------------------------------------------------
Other Services
Encoding:
Below 25,000....................................... $0.0300.
25,000-50,000...................................... 0.0250.
50,000-250,000..................................... 0.0225.
Over 250,000....................................... 0.0200.
Return Items:
0-999.............................................. 0.75.
1,000 & Over....................................... 0.65.
Special Handling:
Subtotal by Office............................. 1.50/office total.
Selected Account Chargeback.................... .025/item.
Individual Entries............................. 50/entry.
Telephone Notification less than $2,500........ .60/item.
Large Dollar Notification (Reg. J.)................ 3.00/item.
Collection/Settlement Services:
Bonds/Coupons Per Envelope:
Local/Government............................... 5.00.
Out-of-Town.................................... 7.00.
Domestic/Checks.................................... 15.00 (Plus Actual).
Canadian Items..................................... .25/item.
Foreign............................................ 25.00 (Plus Actual).
Miscellaneous...................................... Actual.
Federal Reserve Settlement Entries................. 1.00/entry.
Food Coupons....................................... .02.
Non-Processable Items.................................. 0.15.
Cash Services:
Currency/Coin Orders............................... 3.00/order.
Special Orders................................. 3.00/order, plus actual charges.
Foreign Currency Orders........................ 5.50/order.
Currency/Coin Deposits:
Standard Packaging............................. .50/deposit.
Non-Standard Packaging......................... 10.00/deposit.
Foreign Currency Deposits...................... 5.00/deposit.
Balance/Availability Reporting......................... 30.00/month.
Endpoint Analysis...................................... 30.00/each, over two per year.
Photocopies/Microfilm Copies........................... 2.75/copy.
Audit.............................................. 2.75/copy or 20.00/hour + .50 copy, whichever is less.
Research............................................... 20.00/hour.
Minneapolis Regional Center
Deposit Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Description Below 25,000 25,000-150,000 Over 150,000
----------------------------------------------------------------------------------------------------------------
Deposited Item Charges:
Local....................................................... .02 .016 .014
RCPC........................................................ .032 .025 .020
RCPC-Premium................................................ .045 .04 .032
Country..................................................... .04 .038 .036
Transit..................................................... .063 .058 .052
----------------------------------------------------------------------------------------------------------------
Other Services
Encoding............................................... .0225.
Return Items........................................... .75/item.
Special Handling:
Subtotal by Office................................. 1.50/office total.
Individual Entries................................. .50/entry.
[[Page 34826]]
Telephone Notification less than $2,500............ .60/item.
Large Dollar Notification (Reg. J.).................... 3.00/item.
Collection/Settlement Services:
Bonds/Coupons Per Envelope:
Local/Government............................... 5.00.
Out-of-Town.................................... 7.00.
Domestic/Checks.................................... 15.00 (Plus Actual).
Canadian Items..................................... .25/item.
Foreign............................................ 25.00 (Plus Actual).
Miscellaneous...................................... Actual.
Federal Reserve Settlement Entries................. 1.00/entry.
Food Coupons....................................... .04.
Non-Processable Items.................................. .15/item.
Cash Services:
Currency/Coin Orders............................... 2.00/order.
Special Orders................................. Standard order fee plus actual charges.
Foreign Currency Orders........................ 2.50/order.
Currency/Coin Deposits............................. 2.00/order.
Standard Packaging............................. .50.
Non-Standard Packaging......................... 10.00.
Foreign Currency Deposits...................... 5.00/deposit.
Balance/Availability Reporting......................... 30.00/month.
Endpoint Analysis...................................... 20.00/day.
Photocopies............................................ 2.75/copy.
Research............................................... 20.00/hour.
Minneapolis--Out-of-District Customers
----------------------------------------------------------------------------------------------------------------
Description Below 25,000 25,000-100,000 Over 100,000
----------------------------------------------------------------------------------------------------------------
Deposited Item Charges:
Local....................................................... .0250 .0210 .0160
RCPC........................................................ .0370 .0300 .0200
RCPC-Premium................................................ .0500 .0450 .0400
Country..................................................... .0450 .0430 .0380
Transit..................................................... .0730 .0680 .0580
----------------------------------------------------------------------------------------------------------------
Other Services
Encoding............................................... .0250.
Return Items....................................... .75/item.
Special Handling:
Subtotal by Office............................ 1.50/office total.
Individual Entries............................ .50/entry.
Telephone Notification less than $2,500........ .60/item.
Large Dollar Notification (Reg. J.)................ 3.00/item.
Collection/Settlement Services:
Bonds/Coupons Per Envelope:
Local/Government.............................. 5.00
Out-of-Town................................... 7.00
Domestic/Checks.................................... 15.00 (Plus Actual).
Canadian Items..................................... .25/item.
Foreign............................................ 25.00 (Plus Actual).
Miscellaneous...................................... Actual.
Federal Reserve Settlement Entries................ 1.00/entry.
Food Coupons....................................... .04.
Non-Processable Items.................................. .15/item.
Cash Services:
Currency/Coin Orders............................... 2.00/order.
Special Orders................................ Standard order fee plus actual charges.
Currency/Coin Deposits:
Standard Packaging............................. .50.
Non-Standard Packaging......................... 2.00.
Foreign Currency Deposit....................... 5.00/month.
Endpoint Analysis...................................... 20.00/day.
Photocopies............................................ 2.75/copy.
Research............................................... 20.00/hour.
St. Louis Regional Center--Deposit Processing Fee Schedule
Deposit Item Charges:
Local.............................................. .013.
[[Page 34827]]
RCPC............................................... .017.
Country............................................ .017.
Transit............................................ .052.
Package Sort:
Local.............................................. .009.
RCPC............................................... .009.
Country............................................ .016.
Transit............................................ .048.
Note: Package Sort prices are available to customers who present deposits separated by item type.
Out-of-District Customers
Deposit Item Charges:
Local.............................................. .017.
RCPC............................................... .020.
Country............................................ .020.
Transit............................................ .055.
Package Sort:
Local.............................................. .013.
RCPC............................................... .019.
Country............................................ .019.
Transit............................................ .053.
Note: Package Sort prices are available to customers who present deposit separated by item type.
In and Out-of-District Customers
Other Services
Encoding............................................... .0225.
Return Items:
Return Items....................................... .75/item.
Special Handling:
Subtotal by Office............................ 1.50/office total.
Individual Entries............................ .50/entry.
Telephone Notification less than $2,500........ .60/item.
Large Dollar Notification (Reg. J.)................ 3.00/item.
Collection/Settlement Services:
Bonds/Coupons Per Envelope:
Local/Government............................... 5.00.
Out-of-Town.................................... 7.00.
Domestic/Checks.................................... 15.00 (Plus Actual).
Canadian Items..................................... .25/item.
Foreign............................................ 25.00 (Plus Actual).
Miscellaneous...................................... Actual.
Federal Reserve Settlement Entries................. 1.00/entry.
Food Coupons....................................... .02.
Non-Processable Items.................................. .15/item.
Cash Services:
Currency/Coin Orders............................... 4.00/order.
Special Orders................................. Standard order fee plus actual charges.
Currency/Coin Deposits:
Standard Packaging............................. .50.
Non-Standard Packaging......................... 20.00.
Balance/Availability Reporting......................... 30.00/month.
Endpoint Analysis...................................... 20.00/day.
Photocopies............................................ 2.75/copy.
Research............................................... 20.00/hour.
Des Moines Regional Center--Inclearing Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Basic Fee Daily sort \1\ Cycle/Monthly
Monthly capture volume (Capture) \2\ Sort \2\
----------------------------------------------------------------------------------------------------------------
1-25,000........................................................ .020 .017 .020
25,001-50,000................................................... .016 .013 .016
50,001-75,000................................................... .014 .011 .014
75,001-175,000.................................................. .012 .009 .012
175,001-400,000................................................. .010 .007 .010
400,001-750,000................................................. .009 .006 .009
750,001-Over.................................................... .007 .004 .007
Reject Reentry.................................................. .04/item .............. ..............
Posting File.................................................... .0005/item .............. ..............
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same-day return: 15%.
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.
Return Items
Basic Service.......................................... .75-2.65
[[Page 34828]]
Telephone Request...................................... 3.50
Forward Collection Only: .......................................................
Local.............................................. .20
RCPC............................................... .20
Transit............................................ .50
Regulation J Notification.............................. 3.00/item.
Other Services
Support Services:
Facsimile Transmission............................. 1.50/transmission.
Microfiche Monthly Reports......................... 25.00/month.
Microfilm of Checks Captured....................... .01/item.
Original Item Return2.............................. 2.75/item.
Research........................................... 20.00/hour.
Telephone Check Inquiry............................ 1.00/inquiry.
Signature Verification............................. .35/item.
Counter Items: With MICR Encoding...................... .04/item.
Photocopies/Microfilm Copies........................... 2.75/item.
Audit.............................................. 2.75/item or 20.00/hour + .50/copy, whichever is less.
Settlement:
Daily Reporting.................................... 25.00/month.
Settlement Only (Inclearings or returns)........... 100.00/month.
Third Party Settlement............................. 350.00/month.
Special Sorting Options:
Account Separators................................. .003/item ($175.00 minimum).
Truncated Items Returned Unsorted.................. .002/item.
Truncated Items Returned Sorted.................... .012/item ($250.00 minimum).
Sequence Number Order.............................. .005/item.
Other Miscellaneous Fine Sorting................... .005/item.
Special Services
Backup Service:
Set-Up Charge...................................... 500.00-1,500.00 one time.
Monthly Maintenance................................ Negotiable plus actual monthly usage.
File Maintenance:
Mergers/Acquisitions............................... 500.00/each.
Multiple R/T Numbers............................... 50.00/number/month.
Parameter File Maintenance......................... 25.00/change.
Multiple Sorter Pockets............................ 300.00/pocket/month.
Data Servicer Conversion........................... 500.00/conversion.
Minimum Monthly Charge (Excluding Actual Charges)...... 250.00
Kansas City Regional Center
Inclearing Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Daily sort \1\ Cycle/monthly
Monthly capture volume Basic fee (capture) \2\ sort \2\
----------------------------------------------------------------------------------------------------------------
1-50,000......................................... 0.16 .013 .016
50,001-100,000................................... .014 .011 .014
100,001-175,000.................................. .012 .009 .012
175,001-400,000.................................. .010 .007 .010
400,001-750,000.................................. 009 .006 .009
750,001-Over..................................... .007 .004 .007
Reject Reentry................................... .04/item .............. ..............
Posting File..................................... .0005/item .............. ..............
----------------------------------------------------------------------------------------------------------------
Outgoing Return Items
----------------------------------------------------------------------------------------------------------------
Forward Collection Only \4\
Volume levels Basic service Telephone -------------------------------
\3\ request \3\ Unqualified Qualified \5\
----------------------------------------------------------------------------------------------------------------
1-750........................................... $1.60-2.75 $3.50 $.80 $.40
751-2,5000...................................... .95-1.95 NA .73 .33
2,501-Over...................................... 0.65-1.65 NA .65 .26
Regulation J Notification....................... 3.00/item
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same-day daily return: 15%
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.
[[Page 34829]]
Other Services
Support Services:
Facsimile Transmission............................. 1.50/transmission.
Microfiche Monthly Reports......................... 25.00/month.
Microfilm of Checks Captured....................... Negotiated.
Original Item Return............................... 2.75/item.
Research........................................... 20.00/hour.
Telephone Check Inquiry............................ 1.00/inquiry.
Signature Verification............................. .35/item.
Counter Items: With MICR Encoding...................... .04/item.
Photocopies/Microfilm Copies:
Mail or Courier.................................... 2.75/item.
Fax................................................ 3.25/item.
Audit.............................................. 2.75/item or 20.00/hour + .50/copy, whichever is less.
Settlement:
Daily Reporting.................................... 25.00/month.
Settlement Only (Inclearings or Returns)........... 100.00/month.
Third Party Settlement............................. 350.00/month.
Special Sorting Options:
Account Separators................................. .003/item ($175.00 minimum).
Truncated Items Returned Unsorted.................. .002/item.
Truncated Items Returned Sorted.................... .012/item ($250.00 minimum).
Sequence Number Order.............................. .005/item.
Other Miscellaneous Fine Sorting................... .005/item.
Special Services
Backup Service:
Set-Up Charge...................................... 500.00-1,500.00 one time.
Monthly Maintenance................................ Negotiable plus actual monthly usage.
File Maintenance:
Mergers/Acquisitions............................... 500.00/each.
Multiple R/T Numbers............................... 50.00/number/month.
Parameter File Maintenance......................... 25.00/change.
Multiple Sorter Pockets............................ 300.00/pocket/month.
Data Servicer Conversion........................... 500.00/conversion.
Minimum Monthly Charge (Excluding Actual Charges)
250.00.
Minneapolis Regional Center--Inclearing Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Daily sort \1\ Cycle/monthly
Monthly capture volume Basic fee (capture) \2\ sort \2\
----------------------------------------------------------------------------------------------------------------
1-25,000......................................... .020 .017 .020
25,001-50,000.................................... .016 .013 .016
50,001-75,000.................................... .014 .011 .014
75,001-175,000................................... .012 .009 .012
175,001-400,000.................................. .010 .007 .010
400,001-750,000.................................. .009 .006 .009
750,001-Over..................................... .007 .004 .007
Reject Reentry................................... .04/item .............. ..............
Posting File..................................... .0005/item .............. ..............
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same-day return: 15%.
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.
Return Items:
Basic Service.......................................... 1.30-2.75
Telephone Request...................................... 3.50
Forward Collection Only:
Qualified......................................... .50
Raw................................................ 1.40
Regulation J Notification.................................. 3.00/item.
Other Services
Support Services:
Facsimile Transmission.................. 1.50/transmission.
Microfiche Monthly Reports.............. 25.00/month.
Microfilm of Checks Captured............ Negotiated.
Original Item Return.................... 2.75/item.
Research................................ 20.00/hour.
Telephone Check Inquiry................. 1.00/inquiry.
Signature Verification.................. .35/item.
[[Page 34830]]
Counter Items: With MICR Encoding........... .04/item.
Photocopies/Microfilm Copies................ 2.75/item.
Audit................................... 2.75/item or 20.00/hour + .50/copy, whichever is less.
Settlement:
Daily Reporting......................... 25.00/month.
Settlement Only (Inclearings or Returns) 100.00/month.
Third Party Settlement.................. 350.00/month.
Special Sorting Options:
Account Separators...................... .003/item ($175.00 minimum).
Truncated Items Returned Unsorted....... .002/item.
Truncated Items Returned Sorted......... .012/item ($250.00 minimum).
Sequence Number Order................... .005/item.
Other Miscellaneous Fine Sorting........ .005/item.
Special Services
Backup Service:
Set-Up Charge........................... 500.00-1,500.00 one time.
Monthly Maintenance..................... Negotiable plus actual monthly usage.
File Maintenance
Mergers/Acquisitions.................... 500.00/each.
Multiple R/T Numbers.................... 50.00/number/month.
Parameter File Maintenance.............. 25.00/change.
Multiple Sorter Pockets................. 300.00/pocket/month.
Data Servicer Conversion................ 500.00/conversion.
Minimum Monthly Charge (Excluding Actual 250.00.
Charges).
St. Louis Regional Center--Inclearing Processing Fee Schedule
------------------------------------------------------------------------
Basic fee Daily sort Cycle/month
Monthly capture volume (capture) \1\ \2\ sort \2\
------------------------------------------------------------------------
1-25,000......................... .020 .017 .020
25,001-50,000.................... .016 .013 .016
50,001-75,000.................... .014 .011 .014
75,001-175,000................... .012 .009 .012
175,001-400,000.................. .010 .007 .010
400,001-750,000.................. .009 .006 .009
750,001-Over..................... .007 .004 .007
------------------------------------------------------------------------
\1\ Surcharge for same-day daily return: 15%.
\2\ Fees for daily and cycle/monthly return are in addition to the basic
fee.
Reject Reentry................................ .04/item.
Posting File.................................. .0005/item.
Return Items:
Basic Service........................................................... 1.25-2.25 1.25-2.25
Forward Collection Only................................................. Qualified Non-Qualified
Local (8th District)................................................ .35 .60
Transit............................................................. .60 .85
Regulation J Notification................................................... 3.00/item.
Other Services
Support Services:
Facsimile Transmission........................ 1.50/transmission.
Microfiche Monthly Reports.................... 25.00/month.
Microfilm of Checks Captured.................. Negotiated.
Original Item Return.......................... 2.75/item.
Research...................................... 20.00/hour.
Telephone Check Inquiry....................... 1.00/inquiry.
Signature Verification........................ .35/item.
Counter Items: With MICR Encoding................. .04/item.
Photocopies/Microfilm Copies...................... 2.75/item.
Audit......................................... 2.75/item or 20.00/hour + .50/copy, whichever is less.
Settlement:
Daily Reporting............................... 25.00/month.
Settlement Only (Inclearings or Returns)...... 100.00/month.
Third Party Settlement........................ 350.00/month.
Special Sorting Options:
Account Separators............................ .003/item ($175.00 minimum).
Truncated Items Returned Unsorted............. .002/item.
Truncated Items Returned Sorted............... .012/item ($250.00 minimum).
Sequence Number Order......................... .005/item.
[[Page 34831]]
Other Miscellaneous Fine Sorting.............. .005/item.
Special Services
Backup Service:
Set-Up Charge................................. 500.00-1,500.00 one time
Monthly Maintenance........................... Negotiable plus actual monthly usage.
File Maintenance:
Mergers/Acquisitions.......................... 500.00/each.
Multiple R/T Numbers.......................... 50.00/number/month.
Parameter File Maintenance.................... 25.00/change.
Multiple Sorter Pockets....................... 300.00/pocket/month.
Data Servicer Conversion...................... 500.00/conversion.
Minimum Monthly Charge (Excluding Actual Charges). 250.00.
Minneapolis Regional Center Out-of-District Customers--Inclearing
Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Cycle/
Monthly capture volume Basic fee Daily sort monthly
(capture) 1,2 sort \2\
----------------------------------------------------------------------------------------------------------------
1-25,000................................................................. .021 .018 .021
25,001-50,000............................................................ .017 .014 .017
50,001-75,000............................................................ .015 .012 .015
75,001-175,000........................................................... .013 .010 .013
175,001-400,000.......................................................... .011 .008 .011
400,001-750,000.......................................................... .010 .007 .010
750,001-Over............................................................. .008 .005 .008
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same day daily return: 15%.
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.
Reject Reentry................................. .04/item.
Posting........................................ .0005/item.
Return Items:
Basic Service.............................. 1.30-2.75.
Telephone Request.......................... 3.50.
Forward Collection Only:
Qualified.............................. 0.50.
Raw.................................... 1.40.
Regulation J Notification...................... 3.00/item.
Other Services:
Support Services:
Facsimile Transmission........................ 1.50/transmission.
Microfiche Monthly Reports.................... 25.00/month.
Microfilm of Checks Captured.................. Negotiated.
Original Item Return.......................... 2.75/item.
Research...................................... 20.00/hour.
Telephone Check Inquiry....................... 1.00/inquiry.
Signature Verification........................ .35/item.
Counter Items:
With MICR Encoding............................ .04/item.
Photocopies/Microfilm Copies.................... 2.75/item.
Audit......................................... 2.75/item or 20.00/hour + .50/copy whichever is less.
Settlement:
Daily Reporting............................... 25.00/month.
Settlement Only (Inclearings or Returns)...... 100.00/month.
Third Party Settlement........................ 350.00/month.
Special Sorting Options:
Account Separators............................ .003/item ($175.00 minimum).
Truncated Items Returned Unsorted............. .002/item.
Truncated Items Returned Sorted............... .012/item ($250.00 minimum).
Sequence Number Order......................... .005/item.
Other Miscellaneous Fine Sorting.............. .005/item.
Special Services:
Backup Services:
Set-Up Charge................................. 500.00-1,500 one time.
Monthly Maintenance........................... Negiotiable plus actual monthly usage.
File Maintenance:
Mergers/Acquisitions.......................... 500.00/each.
Multiple R/T Numbers.......................... 50.00/number/month.
Parameter File Maintenance.................... 25.00/change.
Multiple Sorter Pockets....................... 300.00/pocket/month.
Data Servicer Conversion...................... 500.00/conversion.
Minimum Monthly Charge (Excluding Actual 250.00.
Charges).
[[Page 34832]]
St. Louis Regional Center, Out-of-District Customers--Inclearing
Processing Fee Schedule
----------------------------------------------------------------------------------------------------------------
Cycle/
Monthly capture volume Basic fee Daily sort monthly
(capture) \1\ \2\ sort \2\
----------------------------------------------------------------------------------------------------------------
1-25,000................................................................. .021 .018 .021
25,001-50,000............................................................ .017 .014 .017
50,001-75,000............................................................ .015 .012 .015
75,001-175,000........................................................... .013 .010 .013
175,001-400,000.......................................................... .011 .008 .011
400,001-750,000.......................................................... .010 .007 .010
750,001-Over............................................................. .008 .005 .008
----------------------------------------------------------------------------------------------------------------
\1\ Surcharge for same day daily return: 15 percent.
\2\ Fees for daily and cycle/monthly return are in addition to the basic fee.
Reject Reentry................................. .04/item.
Posting........................................ .0005/item.
Basic Service \1\........................................................... 1.25-225 1.25-2.25
Forward Collection Only..................................................... Qualified Non-Qualified
Local (8th District).................................................... .35 .60
Transit................................................................. .60 .85
Regulation J Notification: 3.00/item.
\1\ Full service processing. Excludes Large Dollar notification required under Regulations CC and J.
Other Services
Support Services:
Facsimile Transmission........................ 1.50/transmission.
Microfiche Monthly Reports.................... 25.00/month.
Microfilm of Checks Captured.................. Negotiated.
Original Item Return.......................... 2.75/item.
Research...................................... 20.00/hour.
Telephone Check Inquiry....................... 1.00/inquiry.
Signature Verification........................ .35/item.
Counter Items:
With MICR Encoding............................ .04/item.
Photocopies/Microfilm Copies...................... 2.75/item.
Audit......................................... 2.75/item or 20.00/hour+.50/copy whichever is less.
Settlement:
Daily Reporting............................... 25.00/month.
Settlement Only (Inclearings or Returns)...... 100.00/month.
Third Party Settlement........................ 350.00/month.
Special Sorting Options:
Account Separators............................ .003/item ($175.00 minimum).
Truncated Items Returned Unsorted............. .002/item.
Truncated Items Returned Sorted............... .012/item ($250.00 minimum).
Sequence Number Order......................... .005/item.
Other Miscellaneous Fine Sorting.............. .005/item.
Special Services
Backup Services:
Set-Up Charge................................. 500.00-1,500 one time.
Monthly Maintenance........................... Negiotiable plus actual monthly usage.
File Maintenance:
Mergers/Acquisitions.......................... 500.00/each.
Multiple R/T Numbers.......................... 50.00/number/month.
Parameter File Maintenance.................... 25.00/change.
Multiple Sorter Pockets....................... 300.00/pocket/month.
Data Servicer Conversion...................... 500.00/conversion.
Minimum Monthly Charge (Excluding Actual Charges). 250.00.
Des Moines Regional Center--Proof-of-Deposit (POD) Fee Schedule
Processing Fees
Encoding..................................... .0225.
Capture...................................... .009.
Fine Sorting:
Exception Cycle Sort..................... .003.
Account Sequence Sort.................... .003.
Serial Sort.............................. .005.
[[Page 34833]]
Reject....................................... .04.
Ancillary Services
Return Items:
Basic Service............................ .75-2.65.
Telephone Request........................ 3.50.
Large Item Notification...................... 3.00.
Signature Verification/Review................ .35.
Deposit/Customer Corrections................. .25.
Fax Transmissions............................ 1.50.
Microfiche Monthly Reports................... 25.00.
Research..................................... 20.00/hour.
Telephone Check Inquiry...................... 1.00/inquiry .
Microfilm.................................... Negotiated.
Deposit Returns (incoming)................... .75.
Clearing Fees
Deposit Items:
Local.................................... .01.
RCPC..................................... .018.
RCPC Premium............................. .043.
Transit.................................. .049.
Forward Collection Returns:
Local.................................... .20.
RCPC..................................... .20.
Transit.................................. .50.
Terms of Account
Payment of Processing Fees and Clearing Fees are made by a direct
charge to the account or by payment of our invoice or by balance
compensation. Payment of Relationship Fees are made only by balance
compensation. The earnings credit rate is indexed to the Bank's yield
on overnight Fed Funds for the current month. Interest that
approximates the Fed Funds rate will be paid to the account for excess
balances, and deficient balances will be charged at the average Fed
Funds rate of the current month.
Kansas City Regional Center--Proof-of-Deposit (POD) Fee Schedule
Processing Fees
Encoding..................................... .0225.
Capture...................................... .009.
Fine Sorting:
Exception Cycle Sort..................... .003.
Account Sequence Sort.................... .003.
Serial Sort.............................. .005.
Rejects...................................... .04.
Ancillary Services
Return Items:
Basic Service :
1-750.................................... 1.60-2.75.
751-2,500................................ .95-1.95.
2,501-Over............................... .65-1.65.
Telephone Request........................ 3.50.
Large Item Notification...................... 3.00.
Signature Verification/Review................ .35.
Deposit/Customer Corrections................. .25.
Fax Transmissions............................ 1.50.
Microfiche Monthly Reports................... 25.00.
Research..................................... 20.00/hour.
Telephone Check Inquiry...................... 1.00/inquiry.
Microfilm.................................... Negotiated.
Deposit Returns (incoming):
0-999.................................... .75.
1,000-Over............................... .65.
Clearing Fees
Deposit Items:
Local.................................... .01.
Country.................................. .021.
Transit.................................. .045.
----------------------------------------------------------------------------------------------------------------
Forward collection returns (Outgoing) Qualified Nonqualified
----------------------------------------------------------------------------------------------------------------
1-750....................................................................... 0.40 0.80
[[Page 34834]]
751-2,500................................................................... 0.33 0.73
2,501-Over.................................................................. 0.26 0.65
----------------------------------------------------------------------------------------------------------------
Terms of Account
Payment of Processing Fees and Clearing Fees are made by a direct
charge to the account or by payment of our invoice or by balance
compensation. Payment of Relationship Fees are made only by balance
compensation. The earnings credit rate is indexed to the Bank's yield
on overnight Fed Funds for the current month. Interest that
approximates the Fed Funds rate will be paid to the account for excess
balances, and deficient balances will be charged at the average Fed
Funds rate of the current month.
Minneapolis Regional Center--Proof-of-Deposit (POD) Fee Schedule
Processing Fees
Encoding..................................... .0225.
Capture...................................... .009.
Fine Sorting:
Exception Cycle Sort..................... .003.
Account Sequence Sort.................... .003.
Serial Sort.............................. .005.
Rejects...................................... .04.
Ancillary Services
Return Items:
Basic Service............................ 1.30-2.75.
Telephone Request........................ 3.50.
Large Item Notification...................... 3.00.
Signature Verification/Review................ .35.
Deposit/Customer Corrections................. .25.
Fax Transmissions............................ 1.50.
Microfiche Monthly Reports................... 25.00.
Research..................................... 20.00/hour.
Telephone Check Inquiry...................... 1.00/inquiry.
Microfilm.................................... Negotiated.
Deposit Returns (incoming)................... .75.
Clearing Fees
Deposit Items:
Local.................................... .014.
RCPC..................................... .020.
RCPC Premium............................. .032.
Transit.................................. .036.
Forward Collection Returns:
Qualified................................ .50.
Non-Qualified (Raw)...................... 1.40.
Terms of Account
Payment of Processing Fees and Clearing Fees are made by a direct
charge to the account or by payment of our invoice or by balance
compensation. Payment of Relationship Fees are made only by balance
compensation. The earnings credit rate is indexed to the Bank's yield
on overnight Fed Funds for the current month. Interest that
approximates the Fed Funds rate will be paid to the account for excess
balances, and deficient balances will be charged at the average Fed
Funds rate of the current month.
St. Louis Regional Center--Proof-of-Deposit (POD) Fee Schedule
Processing Fees
Encoding..................................... .0225.
Capture...................................... .009.
Fine Sorting:
Exception Cycle Sort..................... .003.
Account Sequence Sort.................... .003.
Serial Sort.............................. .005.
Rejects...................................... .04.
Ancillary Services
Return Items:
Basic Service................................ 1.25-2.25.
Large Item Notification...................... 3.00.
Signature Verification/Review................ .35.
Deposit/Customer Corrections................. .25.
Fax Transmissions............................ 1.50.
Microfiche Monthly Reports................... 25.00.
[[Page 34835]]
Research..................................... 20.00/hour.
Telephone Check Inquiry...................... 1.00/inquiry.
Microfilm.................................... Negotiated.
Deposit Returns (incoming)................... .75.
Clearing Fees
Deposit Items:
Local.................................... .009.
RCPC..................................... .016.
RCPC Premium............................. .016.
Transit.................................. .048.
Forward Collection Returns:
Local (8th District)..................... .35-.60.
Transit.................................. .60-.85
Terms of Account
Payment of Processing Fees and Clearing Fees are made by a direct
charge to the account or by payment of our invoice or by balance
compensation. Payment of Relationship Fees are made only by balance
compensation. The earnings credit rate is indexed to the Bank's yield
on overnight Fed Funds for the current month. Interest that
approximates the Fed Funds rate will be paid to the account for excess
balances, and deficient balances will be charged at the average Fed
Funds rate of the current month.
Des Moines, Minneapolis, Kansas City and St. Louis Regional Centers
Lockbox Fee Schedule
Basic Service
Open envelope; screen per instructions; verify payee, signature and
amount. Record data on check, remittance, envelope, or correspondence
as requested. Balance checks to remittances and post credits to account
specified.
Mortgage................................... $.12-.25.
Consumer................................... .09-.15.
Retail-Commercial.......................... .07-.15.
Wholesale-Commercial....................... .15-.55.
Credit Card................................ .07-.15.
Data Capture and Transmit: Includes use of .015-.030.
derogatory file as required. Rejects
pulled, balanced and returned per
instructions.
Item Preparation Charge; Data Entry as .05/item.
required. Includes preparation of new or
substitute machine-readable documents.
Microfilm Remittances or Checks............ .01/item.
Credit/Posting Advice...................... .25/advice.
Photocopies:
Recurring.............................. .05/copy.
On Request............................. .25/copy.
Facsimile Transmissions:
Recurring.............................. .85/page.
On Request............................. 1.50/page.
Microfilm Copies........................... 2.75/copy.
Payment Discounts Calculated............... .25/discount.
Telephone Inquiry or Notification.......... 1.00/call.
Foreign Item Processing:
U.S. Dollars........................... .75/check.
Foreign Currency....................... 3.50/check.
Process Cash Payment....................... 5.00/each.
Daily Reporting............................ 50.00/month.
Courier/Postage............................ Actual.
Storage: Envelopes and remittance material Negotiated.
retained unsorted for 14 days and
destroyed Safekeeping beyond 14 days.
Minimum Monthly Billing (Excludes Actual 175.00.
Charges).
New Account Set-Up......................... 50.00-500.00.
Special Services........................... Negotiated.
Des Moines, Minneapolis, Kansas City and St. Louis Regional Centers--
Statement Rendering Fee Schedule
Statements Per Month, Non-Truncated:
First 5,000............................ $.18.
Next 5,000............................. .165.
Over 10,000............................ .15.
Statements Per Month, Truncated............ .05.
Statement Inserts.......................... .0.
Other Mailings............................. .05.
Surcharge for One Cycle Per Month.......... 10%.
Fine Sort Counter Items for Statement 005.
Insertion.
Sort Counter Items Without MICR............ .02.
Courier, Postage and Envelopes............. Actual.
Pre-Sort Only.............................. .02/item.
Statement Printing (Laser Printer) Customer .03/page.
Provided Paper.
[[Page 34836]]
FHLB Provided Paper.................... .04/page.
Custom Forms/Logos..................... Actual cost.
Note: Members that have changed Data Processors or have more than one
MICR account number corresponding to one statement account number are
subject to additional fees.
Pricing to Forward Cycle Items to Data Processor for Statement Handling
Insertion of Trigger/Separator Tickets:
Sorting................................ $.003/item.
Trigger Ticket Expense................. .012/account.
Insertion of Rejects....................... .040/reject.
Photocopies of Missing Items............... 2.75/copy.
Courier, Postage and Boxes................. Actual.
Monthly Fee for Special Handling........... 25.00/cycle ($75.00
minimum).
District. 9.--Federal Home Loan Bank of Dallas (1996 NOW/DDA
Services)
(Does not provide item processing services for third party
accounts)
District. 10.--Federal Home Loan Bank of Topeka (1996 NOW/DDA
Services)
Deposit Processing Fees: (all fees per item unless other indicated)
----------------------------------------------------------------------------------------------------------------
Other
Processing Center Local item Other local Transit transit
----------------------------------------------------------------------------------------------------------------
Colorado.................................................... $0.015 $0.029 $0.040 $.067
Kansas...................................................... 0.015 0.039 0.040 .067
Nebraska.................................................... 0.015 0.038 0.040 .067
Oklahoma.................................................... 0.015 0.038 0.040 .067
----------------------------------------------------------------------------------------------------------------
Encoding Fee...................................... 0.023 per item.
Rejects on Encoded Items.......................... 0.15 per item.
Returns/Redeposits................................ 0.80 per item.
Collections....................................... 6.50 per item.
Coin and Currency................................. 2.50 per phone call.
Courier/Armored Car Cost.......................... At Cost.
Research.......................................... 0.15 per item plus $12/hour.
ACH Settlement.................................... .50 per trans.
Photocopy......................................... 2.25 per item.
Facsimile......................................... 1.75 per page.
Postage........................................... At Cost.
Proof of Deposit Processing Fees: (all fees per item unless otherwise indicated).
----------------------------------------------------------------------------------------------------------------
Data Account
Items Per Month Capture Archival Cycle Sort
----------------------------------------------------------------------------------------------------------------
1-50,000.................................................... $0.011 $0.012 $0.009 $0.008.
50,001-100,000.............................................. 0.008 0.012 0.006 0.008.
100,001-150,000............................................. 0.006 0.010 0.004 0.006.
150,001-250,000............................................. 0.005 0.010 0.003 0.006.
250,001-500,000............................................. 0.004 0.010 0.002 0.006.
500,001-Above............................................... 0.004 0.009 0.002 0.006.
Inclearing Processing Fees: (all fees per item unless otherwise indicated).
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Data Account
Items Per Month Capture Archival Cycle Sort
----------------------------------------------------------------------------------------------------------------
1-50,000.................................................... $0.009 $0.012 $0.009 $0.008.
50,001-100,000.............................................. 0.006 0.012 0.006 0.008.
100,001-150,000............................................. 0.004 0.010 0.004 0.006.
150,001-250,000............................................. 0.003 0.010 0.003 0.006.
250,001-500,000............................................. 0.002 0.010 0.002 0.006.
500,001-Above............................................... 0.002 0.009 0.002 0.006.
----------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------------------------
Inclearing Return Items City RCPC Country Transit
----------------------------------------------------------------------------------------------------------------
Colorado.................................................... $0.19 $0.29 $0.35 $0.73.
Kansas...................................................... 0.15 0.15 0.30 0.73.
Nebraska.................................................... 0.25 0.31 0.37 0.73.
Oklahoma.................................................... 0.16 0.20 0.22 0.73.
----------------------------------------------------------------------------------------------------------------
Return Item Pull.................................. $0.86.
Return Item Qualification......................... 0.25.
Large Item Return Notification.................... 3.00.
[[Page 34837]]
Settlement Only................................... 100.00 per month.
Facsimile......................................... 1.75.
Postage........................................... At cost.
Photocopy......................................... 2.25.
Research.......................................... 0.15 plus $12 per hour.
Over the Counter Items............................ 0.03.
Statement Processing Fees: (all fees per item unless otherwise indicated)
Truncated Statement............................... $0.08 per statement.
Imaged Statement.................................. 0.12 per statement.
Cycled Statement.................................. 0.20 per statement.
Per Insert........................................ 0.01 per insert.
Postage........................................... At Cost.
Imaged Check Printing............................. 0.07 per page.
Statement Data Printing........................... 0.07 per page.
Maintenance Fee................................... 250.0 per month.
DDA Processing Fees: (all fees per item unless otherwise indicated)
Full Cycled....................................... $0.15.
Full Truncated.................................... 0.12.
Basic Cycled...................................... 0.11.
Basic Truncated................................... 0.08.
Maintenance Fee................................... 25.00 per month.
Debit............................................. 0.15.
Credit............................................ 0.15.
Large Item Return Notification.................... 3.00.
Research.......................................... 0.15 plus $12 per hour.
Additional Statements............................. 2.00.
Photocopy......................................... 2.25.
Facsimile......................................... 1.75.
Postage........................................... At Cost.
Lockbox Processing Fees: (all fees per item unless otherwise indicated)
1-50,000 items per month.......................... $0.110.
50,001-80,000 items per month..................... 0.105.
80,001-120,000 items per month.................... 0.100.
120,001-160,000 items per month................... 0.095.
160,001-above items per month..................... 0.090.
Processing Fee.................................... 100.00 per month.
Exception Items................................... 0.07.
Photocopy......................................... 2.25.
Facsimile......................................... 1.75.
Postage........................................... At Cost.
District 11.--Federal Home Loan Bank of San Francisco (1996 NOW/DDA
Services)
(Does not provide item processing services for third party accounts)
District 12.--Federal Home Loan Bank of Seattle (1996 NOW/DDA
Services)
(Does not provide item processing services for third party accounts)
By the Federal Housing Finance Board.
Rita I. Fair,
Managing Director.
[FR Doc. 96-16965 Filed 7-2-96; 8:45 am]
BILLING CODE 6720-01-P
