Fees for Payment Services, PSAF
November 1, 2002
Circular No. 11470

To All Depository Institutions and Others Concerned in the Second Federal Reserve District:

In a press release, the Federal Reserve Board announced its approval of fee schedules for Federal Reserve Bank payment services, effective January 2, 2003. The fee schedules will be available on the Federal Reserve Banks' Financial Services web site at by November 5, 2002.

The press release also announced the Board's approval of the 2003 private sector adjustment factor (PSAF) for Reserve Bank priced services.

A copy of the Board's notice is attached.