FedNow^® Service 2027 Fee Schedule

FedNow Service

Service/Product	Billing Code	Fee
Customer Credit Transfer PACS.008 Origination	81100	$0.045 per item
Customer Credit Transfer PACS.008 Origination – On-Us	81101	$0.000 per item
Customer Credit Transfer Returns PACS.004 Origination	81200	$0.045 per item
Customer Credit Transfer Returns PACS.004 Origination – On-Us	81201	$0.000 per item
Liquidity Management Transfer (LMT) PACS.009 Origination	81300	$1.00 per item
Request for Payment (RFP) PAIN.013	81801	$0.01 per item
Request for Payment (RFP) PAIN.013 – On-Us	81802	$0.00 per item
Participation Fee – General	81910	$25.00 per RTN per month, Discounted to $0.00 in 2027
Application Programming Interfaces (APIs) FedNow Account Balance Network Intelligence Participant List PING Signed-Off Participants List	N/A	No Charge

FedNow Service 2027 Discount Program¹

Criteria	Billing Code	Maximum Discount
FedNow receive enabled2	70060	$5,000
FedNow receive enabled and eligible for FedACH Receipt Discount Program3,4	70061	$10,000
FedNow receive enabled and participating in the FedACH Receipt Discount Program5,6	70062	$20,000

Criteria	Billing Code	Maximum Discount
FedNow send enabled8	70070	$20,000
FedNow send enabled and eligible for FedACH Receipt Discount Program9,10	70071	$40,000
FedNow send enabled and participating in the FedACH Receipt Discount Program11,12	70072	$80,000

Footnotes

1. Please see FedNow Discount Program for specifics. Discounts will be listed under the 7001 service area on monthly billing statements. The maximum discount of the statement credit will not exceed the total fees paid by the customer in the prior 12 months. ↩︎
2. To qualify for the above discount, the institution must participate in the following FRFS services: Full-service participant in the Exception Resolution Service, Subscribe to FedPayments^® Insight Service, Premier subscription to FedDetect^® Anomaly Notification Service OR API integration of a pre-transaction fraud mitigation service (e.g., network intelligence). All required FRFS services must remain active for at least six months. If the institution fails to maintain the required services for the full period, the statement credit may be reversed. ↩︎
3. See footnote 2 ↩︎
4. Refer to FedACH Receipt Discount Program for details. ↩︎
5. See footnote 2 ↩︎
6. See footnote 4 ↩︎
7. Institutions must opt in to receive the statement credit and are eligible to do so as soon as send is enabled. The statement credit is issued in two parts: 50% applied upon opt-in, 50% applied after the institution meets the volume qualification requirements. An institution must meet the volume requirements for six qualifying months within the calendar year or six months following opt-in, whichever is longer. Months do not need to be consecutive. If volume requirements are not met within the program period, the initial 50% credit applied at opt-in may be reversed. All volume requirements are based on completed pacs.008 customer credit transfer origination transactions. ↩︎
8. Volume requirement: ≥100 transactions per month, or ≥50% increase in average monthly FedNow send volume for existing senders already at ≥100/month. ↩︎
9. ≥2,500 transactions per month, or ≥50% increase in average monthly FedNow send volume for existing senders already at ≥2,500/month. ↩︎
10. See footnote 4 ↩︎
11. See footnote 9 ↩︎
12. See footnote 4 ↩︎

Effective January 1, 2027

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