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Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

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Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. The 2020 private-sector adjustment factor (PSAF) of $18.9 From 2009 through 2018, the Reserve Banks recovered 102.6 The changes will result in average price increases of 3.3 percent for check services , 3.7