FedCash® Services: Resuming UCAP Fee Calculation
April 9, 2020
As announced on March 24, the Federal Reserve waived Uniform Cash Access Policy (UCAP) fees from Monday, March 16 through Friday, April 3 to support our customers’ operational needs regarding cash management as a result of the COVID-19 pandemic. After careful assessment of deposit and order trends, the Federal Reserve resumed UCAP billing April 6.
Depository institutions are charged a $35 fee per deposit or order access that exceeds the basic level of free service. You will be able to review the weekly billing charges in your April billing statement released in early May.
Service and Support
Please contact your local FedCash Services customer support if you have any questions.
For a complete list of customer support contacts for your institution, please visit the Contact page. You may wish to print a hard copy of this list in case of power or internet disruptions.