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Home Newsbytes

Fed announces 2024 pricing for payment services

November 17, 2023
Reading Time: 1 min read
Fed announces 2024 pricing for payment services

The Federal Reserve today announced new pricing for the payment services that Fed banks provide to depository institutions, such as the clearing of checks, ACH transactions, and wholesale payment and settlement services. The changes take effect Jan. 2, 2024. The Fed also announced that it will maintain the current schedule for the FedNow service, inclusive of discounts.

Tags: Federal ReservePaymentsPayments system
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