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Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.

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The new payment services fees go into effective on Jan. percent for FedLine customers. Fees will stay the same as 2019 for the FedACH service, National Settlement Service and Fedwire Securities Service. The changes will result in average price increases of 3.3 percent for check services , 3.7 percent for Fedwire Funds and 2.9