Federal Reserve Raises 2020 Payment Services Fees By 2.4 Pct.
PYMNTS
DECEMBER 2, 2019
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. In August, the Fed launched a real-time payments system, FedNow , that is broadly accessible across the financial services ecosystem.
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