Fedwire® Funds Service 2012 Fee Schedules

Summary of the new per transfer volume-based pricing structure for 2012:

Tier Monthly Volume 2012 Per Transfer
Pre-Incentive Price 		Incentive Discount
(Applies to transfers that exceed 50% of a customer's historic benchmark volume)1 		2012 Incentive Price
Tier 1 For Transfers up to 14,000 $0.58 -$0.464 $0.116
Tier 2 For Transfers 14,001 - 90,000 $0.24 -$0.192 $0.048
Tier 3 For Transfers Over 90,000 $0.135 -$0.108 $0.027

The pre-incentive and incentive transfer fees/discounts described above will be displayed on the customer bill using the following billing codes:

Service Billing Code Per Transfer Gross Fee/Discount
(As Reflected on Billing Statement) 		Net Fee Per Transfer
(For Informational Purposes Only)
Gross Pre-Incentive Fee
(Originations and Receipts) 		10021/10022 $0.580  
Tier 1 Pre-Incentive Discount   $0.000 $0.580
Tier 1 Incentive Discount1 10026 -$0.464 $0.116
Tier 2 Pre-Incentive Discount 10023 -$0.340 $0.240
Tier 2 Incentive Discount1 10026 -$0.192 $0.048
Tier 3 Pre-Incentive Discount 10024 -$0.445 $0.135
Tier 3 Incentive Discount1 10026 -$0.108 $0.027
Historic Benchmark Volume
(Provided on billing statement for informational purposes only)1 		10025 N/A  

Use our Fedwire Discount Calculator Tool (xls) (Updated October 24, 2011) to determine the impact the Fedwire Funds incentive discount will have on a customer’s bill.

1 Incentive discounts are applied to every transfer over 50 percent of a customer’s historic benchmark volume. Historic benchmark volume in any given month will be calculated by multiplying the number of business days in the current month by the historic daily average volume passing through that master account (combined to include all subaccounts) in the past 5 calendar years. Historic daily average volume will be a simple average of the daily average volume in each of the past 5 fully completed calendar years. If fewer than 5 fully complete calendar years of data are available for a particular customer, then the historic average is calculated based on the number of years available. If no prior full calendar years are available, then the historic benchmark volume is set equal to the current month volume. Please see the Federal Reserve Bank 2012 Business Days calendar below for a list of the total number of business days per month.

Federal Reserve Bank 2012 Business Days

Month Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Total Business Days 20 20 22 21 22 21 21 23 19 22 20 20

Access Fee

Service Billing Code Fee
Monthly Participation Fee 10020 $ 85.00

Surcharges

Service Billing Code Fee
Off-line Origination and Receipt 10011/10015 $ 40.00
End-of-Day Origination Surcharge (after 5:00 PM ET)2 10031 $ 0.20
FLA FPM Import/Export Monthly Fee3 10052 $ 20.00
Surcharge on transfers >$10 million Origination and Receipt 10035/10036 $ 0.12
Payment Notification Origination Surcharge2 10053 $0.20
Payment Notification Receipt Volume4 10054 N/A

2Payment Notification and End-of-Day Origination surcharges apply to each Fedwire funds transfer message.

3This monthly fee will be charged to any Fedwire Funds participant that originates a Fedwire funds transfer message via the FedLine Advantage (FLA) Fed Payments Manager (FPM) Funds tool and has the import / export Processing Option Setting active at any point during a given calendar month. If you originate Fedwire funds transfers with the ”Allow Import/Export“ setting active, you will be automatically assigned to the FedLine Advantage Plus package. Instructions are available to change the import/export setting (PDF) in the FLA FPM funds tool.

4Provided on billing statement for informational purposes only.

Additional Fees

Service Billing Code Fee
Delivery of Reports – Hard Copy Reports to On-Line Customers 10016 $ 50.00

Effective January 3, 2012