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Fedwire® Securities Service 2020 Fee Schedules

Transfer Fees

Transfer fees information
Service Billing Code Agency Securities Fee Treasury Securities Fee
Basic Transfer Origination 20121 $0.98Footnote 1 $0.84Footnote 2
Basic Transfer Received 20122 $0.98Footnote 1 $0.84Footnote 2
Basic Reversal Origination 20123 $0.98Footnote 1 $0.84Footnote 2
Basic Reversal Received 20124 $0.98Footnote 1 $0.84Footnote 2
Off-Line Origination and Receipt Surcharge 20131/20132 $80.00Footnote 8 $70.00Footnote 7

Monthly Maintenance Fees

Monthly maintenance fee information
Service Billing Code Agency Securities FeeFootnote 1 Treasury Securities FeeFootnote 3
Account Maintenance (per account) 20107 $57.50 None
Issue Maintenance (per issue/per account) 20108 $0.77 None

Claims Adjustment Fees

Claims adjustment fees information
Service Billing Code Agency Securities FeeFootnote 1,4 Treasury Securities FeeFootnote 4
Fail Claim Adjustment Fee 20141 $1.00 N/A
Interim Claim Adjustment Fee 20142 $1.00 N/A
Repo Claim Adjustment Fee 20143 $1.00 N/A

Other Fees

Other fees information
Service Billing Code Fee
GNMA Serial Note Stripping or Reconstitution 20133 $9.00Footnote 5
Joint Custody Origination Surcharge 20134 $46.00Footnote 1, Footnote 6
Delivery of Reports – Hard Copy Reports to On-Line Customers 20115 $50.00Footnote 1

Effective January 2, 2020

Footnotes:

1These fees are set by the Federal Reserve Banks.

2These fees are set by and remitted to the U.S. Department of the Treasury, except for a funds movement fee of $0.09, which is set and retained by the Federal Reserve Banks for their direct, support, and overhead costs of settling on their books the payment associated with the transfer of a Treasury security between securities accounts.

3The U.S. Department of the Treasury absorbs the monthly account maintenance fees the Federal Reserve Banks charge to the extent a securities account contains only Treasury securities.

4The Federal Reserve Banks offer an automated claim adjustment process only for Agency mortgage-backed securities.

5This fee is set by and remitted to the Government National Mortgage Association (GNMA).

6The Federal Reserve Banks charge participants a Joint Custody Origination Surcharge for both Agency and Treasury securities.

7This surcharge is set by and remitted to the U.S. Department of the Treasury. It is in addition to any basic transfer or reversal fee.

8This surcharge is set by the Federal Reserve Banks. It is in addition to any basic transfer or reversal fee.

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