Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System, 70881 [2015-29194]
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70881
Federal Register / Vol. 80, No. 220 / Monday, November 16, 2015 / Notices
Burden Estimate:
Estimated Number of Respondents:
61.
Estimated Annual Responses per
Respondent: 12 per year.
Estimated Burden per Response: 40
hours per month/per bank.
Estimated Total Annual Burden:
29,280 hours.
Comments submitted in response to
this notice will be summarized and
included in the request for OMB
approval. All comments become a
matter of public record. Comments are
invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
OCC, including whether the information
shall have practical utility;
(b) The accuracy of the OCC’s
estimate of the burden of the collection
of information;
(c) Ways to enhance the quality,
utility, and clarity of the information to
be collected;
(d) Ways to minimize the burden of
the collection on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: November 9, 2015.
Stuart E. Feldstein,
Director, Legislative & Regulatory Activities
Division.
[FR Doc. 2015–28896 Filed 11–13–15; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Fiscal Service
Bureau of the Fiscal Service
Fee Schedule for the Transfer of U.S.
Treasury Book-Entry Securities Held
on the National Book-Entry System
Authority: 31 CFR 357.45.
Bureau of the Fiscal Service,
Fiscal Service, Treasury.
ACTION: Notice.
AGENCY:
The Department of the
Treasury (Treasury) is announcing a
new fee schedule applicable to transfers
of U.S. Treasury book-entry securities
maintained on the National Book-Entry
System (NBES) that occur on or after
January 4, 2016.
DATES: Effective January 4, 2016.
FOR FURTHER INFORMATION CONTACT:
Brandon Taylor or Janeene Wilson,
Bureau of the Fiscal Service, 202–504–
3550.
SUPPLEMENTARY INFORMATION: Treasury
has established a fee structure for the
transfer of Treasury book-entry
securities maintained on NBES.
Treasury reassesses this fee structure
periodically based on its review of the
latest book-entry costs and volumes.
For each transfer or reversal of
Treasury securities sent or received on
or after January 4, 2016, the basic fee
will increase from $0.75 to $0.81. The
Board of Governors of the Federal
Reserve System (Federal Reserve) will
maintain its fee for Federal Reserve
funds movement at $0.11. The funds
SUMMARY:
movement fee is not a Treasury fee, but
is charged by the Federal Reserve for the
cost of moving funds associated with
the transfer of a Treasury book-entry
security. The two fees will result in a
combined fee of $0.92 for each transfer
of Treasury book-entry securities. The
surcharge for an off-line Treasury bookentry securities transfer will remain at
$50.00. Off-line refers to the sending
and receiving of transfer messages to or
from a Federal Reserve Bank by means
other than on-line access, such as by
written, facsimile, or telephone voice
instruction. The basic transfer fee
assessed to both sends and receives is
reflective of costs associated with the
processing of securities transfers. The
off-line surcharge reflects the additional
processing costs associated with the
manual processing of off-line securities
transfers.
Treasury does not charge a fee for
account maintenance, the stripping and
reconstitution of Treasury securities, the
wires associated with original issues, or
interest and redemption payments.
Treasury currently absorbs these costs.
The fees described in this notice
apply only to the transfer of Treasury
book-entry securities held on NBES.
Information concerning fees for bookentry transfers of Government Agency
securities, which are priced by the
Federal Reserve, is set out in a separate
Federal Register notice published by
the Federal Reserve.
The following is the Treasury fee
schedule that will take effect on January
4, 2016, for book-entry transfers on
NBES:
TREASURY—NBES FEE SCHEDULE—EFFECTIVE JANUARY 4, 2016
[In dollars]
Transfer type
tkelley on DSK3SPTVN1PROD with NOTICES
On-line
On-line
On-line
On-line
Off-line
Off-line
Off-line
Off-line
Off-line
Basic fee
transfer originated ...............................................................................
transfer received .................................................................................
reversal transfer originated .................................................................
reversal transfer received ...................................................................
transfer originated ...............................................................................
transfer received .................................................................................
account switch received ......................................................................
reversal transfer originated .................................................................
reversal transfer received ...................................................................
0.81
0.81
0.81
0.81
0.81
0.81
0.81
0.81
0.81
Dated: October 22, 2015.
David A. Lebryk,
Fiscal Assistant Secretary.
DEPARTMENT OF THE TREASURY
[FR Doc. 2015–29194 Filed 11–13–15; 8:45 am]
Proposed Collection; Comment
Request for Form 8611
N/A
N/A
N/A
N/A
50.00
50.00
0.00
50.00
50.00
0.11
0.11
0.11
0.11
0.11
0.11
0.11
0.11
0.11
Total fee
0.92
0.92
0.92
0.92
50.92
50.92
0.92
50.92
50.92
Notice and request for
comments.
ACTION:
Internal Revenue Service (IRS),
Treasury.
Jkt 238001
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork and respondent
burden, invites the general public and
other Federal agencies to take this
opportunity to comment on proposed
SUMMARY:
AGENCY:
19:47 Nov 13, 2015
Funds
movement fee
Internal Revenue Service
BILLING CODE 4810–AS–P
VerDate Sep<11>2014
Off-line
surcharge
PO 00000
Frm 00135
Fmt 4703
Sfmt 4703
E:\FR\FM\16NON1.SGM
16NON1
]]>Agencies
[Federal Register Volume 80, Number 220 (Monday, November 16, 2015)]
[Notices]
[Page 70881]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-29194]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Fiscal Service
Bureau of the Fiscal Service
Fee Schedule for the Transfer of U.S. Treasury Book-Entry
Securities Held on the National Book-Entry System
Authority: 31 CFR 357.45.
AGENCY: Bureau of the Fiscal Service, Fiscal Service, Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury (Treasury) is announcing a new
fee schedule applicable to transfers of U.S. Treasury book-entry
securities maintained on the National Book-Entry System (NBES) that
occur on or after January 4, 2016.
DATES: Effective January 4, 2016.
FOR FURTHER INFORMATION CONTACT: Brandon Taylor or Janeene Wilson,
Bureau of the Fiscal Service, 202-504-3550.
SUPPLEMENTARY INFORMATION: Treasury has established a fee structure for
the transfer of Treasury book-entry securities maintained on NBES.
Treasury reassesses this fee structure periodically based on its review
of the latest book-entry costs and volumes.
For each transfer or reversal of Treasury securities sent or
received on or after January 4, 2016, the basic fee will increase from
$0.75 to $0.81. The Board of Governors of the Federal Reserve System
(Federal Reserve) will maintain its fee for Federal Reserve funds
movement at $0.11. The funds movement fee is not a Treasury fee, but is
charged by the Federal Reserve for the cost of moving funds associated
with the transfer of a Treasury book-entry security. The two fees will
result in a combined fee of $0.92 for each transfer of Treasury book-
entry securities. The surcharge for an off-line Treasury book-entry
securities transfer will remain at $50.00. Off-line refers to the
sending and receiving of transfer messages to or from a Federal Reserve
Bank by means other than on-line access, such as by written, facsimile,
or telephone voice instruction. The basic transfer fee assessed to both
sends and receives is reflective of costs associated with the
processing of securities transfers. The off-line surcharge reflects the
additional processing costs associated with the manual processing of
off-line securities transfers.
Treasury does not charge a fee for account maintenance, the
stripping and reconstitution of Treasury securities, the wires
associated with original issues, or interest and redemption payments.
Treasury currently absorbs these costs.
The fees described in this notice apply only to the transfer of
Treasury book-entry securities held on NBES. Information concerning
fees for book-entry transfers of Government Agency securities, which
are priced by the Federal Reserve, is set out in a separate Federal
Register notice published by the Federal Reserve.
The following is the Treasury fee schedule that will take effect on
January 4, 2016, for book-entry transfers on NBES:
Treasury--NBES Fee Schedule--Effective January 4, 2016
[In dollars]
----------------------------------------------------------------------------------------------------------------
Off-line Funds
Transfer type Basic fee surcharge movement fee Total fee
----------------------------------------------------------------------------------------------------------------
On-line transfer originated..................... 0.81 N/A 0.11 0.92
On-line transfer received....................... 0.81 N/A 0.11 0.92
On-line reversal transfer originated............ 0.81 N/A 0.11 0.92
On-line reversal transfer received.............. 0.81 N/A 0.11 0.92
Off-line transfer originated.................... 0.81 50.00 0.11 50.92
Off-line transfer received...................... 0.81 50.00 0.11 50.92
Off-line account switch received................ 0.81 0.00 0.11 0.92
Off-line reversal transfer originated........... 0.81 50.00 0.11 50.92
Off-line reversal transfer received............. 0.81 50.00 0.11 50.92
----------------------------------------------------------------------------------------------------------------
Dated: October 22, 2015.
David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2015-29194 Filed 11-13-15; 8:45 am]
BILLING CODE 4810-AS-P
