Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System, 68129-68130 [05-22225]
Download as PDF
<![CDATA[
68129
Federal Register / Vol. 70, No. 216 / Wednesday, November 9, 2005 / Notices
Executive Office Building, Washington,
DC 20503.
Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05–22338 Filed 11–8–05; 8:45 am]
BILLING CODE 4810–31–P
OMB Reviewer: Alexander T. Hunt,
(202) 395–7316, Office of Management
and Budget, Room 10235, New
Executive Office Building, Washington,
DC 20503.
Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05–22339 Filed 11–8–05; 8:45 am]
DEPARTMENT OF THE TREASURY
BILLING CODE 4830–01–P
Submission for OMB Review;
Comment Request
DEPARTMENT OF THE TREASURY
November 2, 2005.
Fiscal Service
The Department of the Treasury has
submitted the following public
information collection requirement(s) to
OMB for review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13. Copies of the
submission(s) may be obtained by
calling the Treasury Bureau Clearance
Officer listed. Comments regarding this
information collection should be
addressed to the OMB reviewer listed
and to the Treasury Department
Clearance Officer, Department of the
Treasury, Room 11000, 1750
Pennsylvania Avenue, NW.,
Washington, DC 20220.
Dates: Written comments should be
received on or before December 9, 2005
to be assured of consideration.
Internal Revenue Service (IRS)
OMB Number: 1545–1788.
Type of Review: Extension.
Title: Taxpayer Advocacy Panel (TAP)
Membership Application.
Form: IRS form 13013C.
Description: An application to
volunteer to serve on the Taxpayer
Advocacy Panel, an advisory panel to
the IRS.
Respondents: Business or other forprofit, Individual or households.
Estimated Total Burden Hours: 1,800
hours.
Clearance Officer: Glenn P. Kirkland,
(202) 622–3428, Internal Revenue
Service, Room 6516, 1111 Constitution
Avenue, NW., Washington, DC 20224.
Fee Schedule for the Transfer of U.S.
Treasury Book-Entry Securities Held
on the National Book-Entry System
Bureau of the Public Debt,
Fiscal Service, Department of the
Treasury.
ACTION: Notice.
AGENCY:
SUMMARY: The Department of the
Treasury is announcing a new fee
schedule for the transfer of book-entry
securities maintained on the National
Book-Entry System (NBES). This fee
schedule will take effect on January 3,
2006. The basic fee for the transfer of a
Treasury book-entry security will
increase from $.21 to $.22. The Federal
Reserve funds movement fee will be
$.04, unchanged from the funds
movement fee in effect since January 2,
2004, resulting in a combined fee of $.26
for each Treasury securities transfer.
In addition to the basic fee, off-line
transfers have a surcharge. The
surcharge for an off-line Treasury bookentry transfer in CY 2006 will be $33.00,
unchanged from CY 2005.
EFFECTIVE DATE: January 3, 2006.
FOR FURTHER INFORMATION CONTACT:
James Sharer, Government Securities
Specialist, Bureau of the Public Debt,
799 9th Street NW., Washington, DC
20239, telephone (202) 504–3658.
Danny Convery, Financial Systems
Analyst, Bureau of the Public Debt, 799
9th Street NW., Washington, DC 20239,
telephone (202) 504–3675.
Kristina Yeh, Financial Systems
Analyst, Bureau of the Public Debt, 799
9th Street NW., Washington, DC 20239,
telephone (202) 504–3679.
On
October 1, 1985, the Department of the
Treasury established a fee structure for
the transfer of Treasury book-entry
securities maintained on NBES.
Based on the latest review of bookentry costs and volumes Treasury will
increase its basic fee from the levels
currently in effect. Effective January 3,
2006, the basic fee will increase from
$.21 to $.22 for each Treasury securities
transfer and reversal sent and received,
changed from fees in effect since CY
2005. The surcharge for an off-line
Treasury book-entry transfer in CY 2006
will be $33.00, unchanged from CY
2005.
The basic transfer fee assessed to both
sends and receives is reflective of costs
associated with the processing of a
security transfer. The off-line surcharge
reflects the additional processing costs
associated with the manual processing
of off-line securities transfers.
The 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. The
Treasury currently absorbs these costs
and will continue to do so.
The fees described in this notice
apply only to the transfer of Treasury
book-entry securities held on NBES.
Information concerning book-entry
transfers of government Agency
securities, which are priced by the
Federal Reserve System, is set out in a
separate Federal Register notice
published by the Board of Governors of
the Federal Reserve System elsewhere
in this issue (Docket No. DP–1241).
The following is the Treasury fee
schedule that will take effect on January
3, 2006, for the book-entry transfers on
NBES:
SUPPLEMENTARY INFORMATION.
TREASURY—NBES FEE SCHEDULE 1; EFFECTIVE JANUARY 3, 2006.
(In Dollars)
Transfer type
On-line
On-line
On-line
On-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 .................................................................
VerDate jul<14>2003
16:18 Nov 08, 2005
Jkt 208001
PO 00000
Frm 00144
Fmt 4703
Sfmt 4703
Off-line surcharge
.22
.22
.22
.22
.22
.22
.22
.22
E:\FR\FM\09NON1.SGM
Funds 2 movement fee
N/A
N/A
N/A
N/A
33.00
33.00
.00
33.00
pfrm13
.04
.04
.04
.04
.04
.04
.04
.04
PsN: 09NON1
Total fee
.26
.26
.26
.26
33.26
33.26
.26
33.26
68130
Federal Register / Vol. 70, No. 216 / Wednesday, November 9, 2005 / Notices
TREASURY—NBES FEE SCHEDULE 1; EFFECTIVE JANUARY 3, 2006.—Continued
(In Dollars)
Transfer type
Basic fee
Off-line reversal transfer received ...................................................................
Off-line surcharge
.22
Funds 2 movement fee
33.00
.04
1 The
Total fee
33.26
Treasury does not charge a fee for account maintenance, the stripping and reconstituting of Treasury securities, the wires associated
with original issues, or interest and redemption payments. The Treasury currently absorbs these costs and will continue to do so.
2 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.
Authority: 31 CFR 357.45.
Dated:October 26, 2005.
Donald V. Hammond,
Fiscal Assistant Secretary.
[FR Doc. 05–22225 Filed 11–8–05; 8:45 am]
BILLING CODE 4810–39–P
VerDate jul<14>2003
16:18 Nov 08, 2005
Jkt 208001
PO 00000
Frm 00145
Fmt 4703
Sfmt 4703
E:\FR\FM\09NON1.SGM
pfrm13
PsN: 09NON1
]]>Agencies
[Federal Register Volume 70, Number 216 (Wednesday, November 9, 2005)]
[Notices]
[Pages 68129-68130]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-22225]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Fiscal Service
Fee Schedule for the Transfer of U.S. Treasury Book-Entry
Securities Held on the National Book-Entry System
AGENCY: Bureau of the Public Debt, Fiscal Service, Department of the
Treasury.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury is announcing a new fee
schedule for the transfer of book-entry securities maintained on the
National Book-Entry System (NBES). This fee schedule will take effect
on January 3, 2006. The basic fee for the transfer of a Treasury book-
entry security will increase from $.21 to $.22. The Federal Reserve
funds movement fee will be $.04, unchanged from the funds movement fee
in effect since January 2, 2004, resulting in a combined fee of $.26
for each Treasury securities transfer.
In addition to the basic fee, off-line transfers have a surcharge.
The surcharge for an off-line Treasury book-entry transfer in CY 2006
will be $33.00, unchanged from CY 2005.
EFFECTIVE DATE: January 3, 2006.
FOR FURTHER INFORMATION CONTACT: James Sharer, Government Securities
Specialist, Bureau of the Public Debt, 799 9th Street NW., Washington,
DC 20239, telephone (202) 504-3658.
Danny Convery, Financial Systems Analyst, Bureau of the Public
Debt, 799 9th Street NW., Washington, DC 20239, telephone (202) 504-
3675.
Kristina Yeh, Financial Systems Analyst, Bureau of the Public Debt,
799 9th Street NW., Washington, DC 20239, telephone (202) 504-3679.
SUPPLEMENTARY INFORMATION. On October 1, 1985, the Department of the
Treasury established a fee structure for the transfer of Treasury book-
entry securities maintained on NBES.
Based on the latest review of book-entry costs and volumes Treasury
will increase its basic fee from the levels currently in effect.
Effective January 3, 2006, the basic fee will increase from $.21 to
$.22 for each Treasury securities transfer and reversal sent and
received, changed from fees in effect since CY 2005. The surcharge for
an off-line Treasury book-entry transfer in CY 2006 will be $33.00,
unchanged from CY 2005.
The basic transfer fee assessed to both sends and receives is
reflective of costs associated with the processing of a security
transfer. The off-line surcharge reflects the additional processing
costs associated with the manual processing of off-line securities
transfers.
The 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.
The Treasury currently absorbs these costs and will continue to do so.
The fees described in this notice apply only to the transfer of
Treasury book-entry securities held on NBES. Information concerning
book-entry transfers of government Agency securities, which are priced
by the Federal Reserve System, is set out in a separate Federal
Register notice published by the Board of Governors of the Federal
Reserve System elsewhere in this issue (Docket No. DP-1241).
The following is the Treasury fee schedule that will take effect on
January 3, 2006, for the book-entry transfers on NBES:
Treasury--NBES Fee Schedule 1; Effective January 3, 2006.
(In Dollars)
----------------------------------------------------------------------------------------------------------------
Off-line Funds 2
Transfer type Basic fee surcharge movement fee Total fee
----------------------------------------------------------------------------------------------------------------
On-line transfer originated..................... .22 N/A .04 .26
On-line transfer received....................... .22 N/A .04 .26
On-line reversal transfer originated............ .22 N/A .04 .26
On-line reversal transfer received.............. .22 N/A .04 .26
Off-line transfer originated.................... .22 33.00 .04 33.26
Off-line transfer received...................... .22 33.00 .04 33.26
Off-line account switch received................ .22 .00 .04 .26
Off-line reversal transfer originated........... .22 33.00 .04 33.26
[[Page 68130]]
Off-line reversal transfer received............. .22 33.00 .04 33.26
----------------------------------------------------------------------------------------------------------------
\1\ The Treasury does not charge a fee for account maintenance, the stripping and reconstituting of Treasury
securities, the wires associated with original issues, or interest and redemption payments. The Treasury
currently absorbs these costs and will continue to do so.
\2\ 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.
Authority: 31 CFR 357.45.
Dated:October 26, 2005.
Donald V. Hammond,
Fiscal Assistant Secretary.
[FR Doc. 05-22225 Filed 11-8-05; 8:45 am]
BILLING CODE 4810-39-P
