Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.
PYMNTS
DECEMBER 2, 2019
percent higher than 2019, the Fed announced in a press release on Wednesday (Nov. percent for FedLine customers. 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 million from the 2019 PSAF of $17.8
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