Multiservice Solutions 2027 Fee Schedules

Information on billing codes and fees for Federal Reserve Financial Services (FRFS) Access Fee, FedNow^® Service 2027 Discount Program, as well as data and detection services offered across multiple payment types.

FRFS Access Fee

New for 2027, the FRFS Access Fee is a fixed monthly fee designed to simplify our pricing structure over time to better support customers that use multiple services. It applies at both the primary (parent) routing transit number (RTN) and secondary (additional) RTN levels, as well as for payment processors and providers.

The FRFS Access Fee Discount offers 25% savings on the FRFS Access Fee. Visit the FRFS Customer Value Programs to learn about eligibility requirements and other ways to unlock discounts.

FRFS Access Fee	Billing Code	Monthly Fee
Primary (Parent) Routing Transit Number1	70020	$300.00
Secondary (Additional) Routing Transit Numbers2	70030	$270.00/RTN
FRFS Access Fee Discount3	70040	Varies
Payment Processors and Providers4	70050	$10.00

FedNow Service 2027 Discount Program⁵

New for 2027, the FedNow Discount Program offers targeted financial discounts, delivered through statement credits to support institutions in activating and scaling instant payments. Customers that participate in this program will be credited under the following billing code(s), visible on their monthly billing statements. Visit the FRFS Customer Value Programs to learn more about this program and other ways to unlock discounts.

Criteria	Billing Code	Maximum Discount
FedNow receive enabled6	70060	$5,000
FedNow receive enabled and eligible for FedACH Receipt Discount Program7,8	70061	$10,000
FedNow receive enabled and participating in the FedACH Receipt Discount Program9,10	70062	$20,000

Criteria	Billing Code	Maximum Discount
FedNow send enabled12	70070	$20,000
FedNow send enabled and eligible for FedACH Receipt Discount Program13,14	70071	$40,000
FedNow send enabled and participating in the FedACH Receipt Discount Program15,16	70072	$80,000

Payee Name Verification

Product/Tier	Billing Code	Transaction Fee
Payee Name Verification17	70001	$0.02

Footnotes

1. This fee is charged at the parent financial institution level, as defined in the Reserve Banks’ Global Customer Directory (GCD), and includes a customer’s first Routing Transit Number (RTN). ↩︎
2. This fee is charged for each additional Routing Transit Number (RTN) that had any Fedwire Funds, FedACH, FedNow, or Check Services volume in the month. ↩︎
3. Customers who are Retail Payments Premium Receivers (RPPRs) and subscribe to a FedLine Advantage, FedLine Command or FedLine Direct solution, are eligible for a 25% discount on their total FRFS Access Fee. RPPRs are those customers who meet the following qualifications: Check Services – Have all of their active routing numbers set up to receive both forward and return checks electronically (including PDF); FedACH Services – Receive through FedACH at least 90 percent of their FedACH-originated items, but less than 90 percent of all of their ACH items originated through any operator (Level One), or receive through FedACH at least 90 percent of all of their ACH items originated through any operator (Level Two). ↩︎
4. This fee is charged to Payment Processors and Providers (PPP) acting on behalf of a financial institution for each Routing Transit Number (RTN) that had any Fedwire Funds, FedACH, FedNow or Check Services volume in the month. ↩︎
5. 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. ↩︎
6. 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^® Insights 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. ↩︎
7. See footnote 6 ↩︎
8. Refer to FedACH Receipt Discount Program for details. ↩︎
9. See footnote 6 ↩︎
10. See footnote 8 ↩︎
11. 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. ↩︎
12. Volume requirement: ≥100 transactions per month, or ≥50% increase in average monthly FedNow send volume for existing senders already at ≥100/month. ↩︎
13. ≥2,500 transactions per month, or ≥50% increase in average monthly FedNow send volume for existing senders already at ≥2,500/month. ↩︎
14. See footnote 8 ↩︎
15. See footnote 13 ↩︎
16. See footnote 8 ↩︎
17. Fees are only applied to transactions for which a result other than “not found” is returned to the originator. ↩︎

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