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Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

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percent for Fedwire Funds and 2.9 percent for FedLine customers. Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. The central bank is currently requesting comments on the design of the service, which it expects to make available in 2023 or 2024.