Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.
PYMNTS
DECEMBER 2, 2019
percent for FedLine customers. Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972.
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