Fed Announces 2024 Pricing for Payment Services

Posted: Nov 22 2023

The Federal Reserve 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.

To read more, visit: https://www.federalreserve.gov/newsevents/pressreleases/bcreg20231117a.htm