Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the National Book-Entry System, 54807-54808 [2018-23713]
Download as PDF
<![CDATA[
Federal Register / Vol. 83, No. 211 / Wednesday, October 31, 2018 / Notices
Estimated Number of Respondents:
400.
Estimated Time per Respondent: 27
minutes.
Estimated Total Annual Burden
Hours: 180.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
1. Whether the collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; 2. the accuracy of the
agency’s estimate of the burden of the
collection of information; 3. ways to
enhance the quality, utility, and clarity
of the information to be collected; 4.
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and 5. estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: October 25, 2018.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2018–23785 Filed 10–30–18; 8:45 am]
BILLING CODE 4810–AS–P
DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Proposed Collection of Information:
Notice of Reclamation—Electronic
Funds Transfer, Federal Recurring
Payment
Notice and request for
comments.
ACTION:
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
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently the Bureau of the Fiscal
Service within the Department of the
Treasury is soliciting comments
concerning the Notice of Reclamation—
Electronic Funds Transfer, Federal
Recurring Payment.
DATES: Written comments should be
received on or before December 31, 2018
to be assured of consideration.
ADDRESSES: Direct all written comments
and requests for additional information
amozie on DSK3GDR082PROD with NOTICES1
SUMMARY:
VerDate Sep<11>2014
19:00 Oct 30, 2018
Jkt 247001
to Bureau of the Fiscal Service, Bruce A.
Sharp, Room #4006–A, PO Box 1328,
Parkersburg, WV 26106–1328, or
bruce.sharp@fiscal.treasury.gov.
SUPPLEMENTARY INFORMATION:
Title: Notice of Reclamation—
Electronic Funds Transfer, Federal
Recurring Payment.
OMB Number: 1530–0003.
Form Number: FS Form 133.
Abstract: FS Form 133 is utilized to
notify financial institutions of an
obligation to repay payments
erroneously issued to a deceased
Federal benefit payment recipient. The
information collected from the financial
institutions is used by Treasury to close
out the request from a program agency
to collect an EFT payment from the
financial institution to which a
beneficiary was not entitled.
Current Actions: Extension of a
currently approved collection.
Type of Review: Regular.
Affected Public: Business or other forprofit.
Estimated Number of Respondents:
223,128.
Estimated Time per Respondent: 8
minutes.
Estimated Total Annual Burden
Hours: 29,750.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
1. Whether the collection of information
is necessary for the proper performance
of the functions of the agency, including
whether the information shall have
practical utility; 2. the accuracy of the
agency’s estimate of the burden of the
collection of information; 3. ways to
enhance the quality, utility, and clarity
of the information to be collected; 4.
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology;
and 5. estimates of capital or start-up
costs and costs of operation,
maintenance, and purchase of services
to provide information.
Dated: October 25, 2018.
Bruce A. Sharp,
Bureau Clearance Officer.
[FR Doc. 2018–23778 Filed 10–30–18; 8:45 am]
BILLING CODE 4810–AS–P
PO 00000
Frm 00107
Fmt 4703
Sfmt 4703
54807
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 2, 2019.
DATES: Applicable January 2, 2019.
FOR FURTHER INFORMATION CONTACT:
Brendan Griffiths, 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 our review of the
latest book-entry costs and volumes.
For each Treasury securities transfer
or reversal sent or received on or after
January 2, 2019, the basic fee will
decrease from $0.97 to $0.90. The
Federal Reserve System also charges a
funds movement fee for each of these
transactions for the funds settlement
component of a Treasury securities
transfer.1 The surcharge for an off-line
Treasury book-entry securities transfer
will remain at $70.00. 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, which
is in addition to the basic fee and the
funds movement fee, 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
SUMMARY:
1 The Board of Governors of the Federal Reserve
System sets this fee separately from the fees
assessed by Treasury. As of January 2, 2018, that fee
was $0.11 per transaction. For a current listing of
the Federal Reserve System’s fees, please refer to
https://www.frbservices.org/financial-services/
securities/.
E:\FR\FM\31OCN1.SGM
31OCN1
54808
Federal Register / Vol. 83, No. 211 / Wednesday, October 31, 2018 / Notices
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
2, 2019, for book-entry transfers on
NBES:
TREASURY—NBES FEE SCHEDULE—EFFECTIVE JANUARY 2, 2019
[In Dollars]
Transfer type
On-line
On-line
On-line
On-line
Off-line
Off-line
Off-line
Off-line
Off-line
transfer originated .......................................................................................................................................
transfer received .........................................................................................................................................
reversal transfer originated .........................................................................................................................
reversal transfer received ...........................................................................................................................
transfer originated .......................................................................................................................................
transfer received .........................................................................................................................................
account switch received ..............................................................................................................................
reversal transfer originated .........................................................................................................................
reversal transfer received ...........................................................................................................................
David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2018–23713 Filed 10–30–18; 8:45 am]
BILLING CODE 4810–AS–P
DEPARTMENT OF THE TREASURY
Fiscal Service
Bureau of the Fiscal Service
Notice of Rate to Be Used for Federal
Debt Collection, and Discount and
Rebate Evaluation
Bureau of the Fiscal Service,
Fiscal Service, Treasury.
AGENCY:
Notice of rate to be used for
Federal debt collection, and discount
and rebate evaluation.
ACTION:
The Secretary of the Treasury
is responsible for computing and
publishing the percentage rate that is
used in assessing interest charges for
outstanding debts owed to the
Government (The Debt Collection Act of
1982, as amended). This rate is also
used by agencies as a comparison point
in evaluating the cost-effectiveness of a
cash discount. In addition, this rate is
used in determining when agencies
should pay purchase card invoices
when the card issuer offers a rebate.
Notice is hereby given that the
applicable rate for calendar year 2019 is
1.00 percent.
SUMMARY:
amozie on DSK3GDR082PROD with NOTICES1
Basic fee
January 1, 2019 through
December 31, 2019.
DATES:
Department of the Treasury, Bureau of
the Fiscal Service, Payment
Management, E-Commerce Division
(LC–RM 349B), 3201 Pennsy Drive,
18:06 Oct 30, 2018
Jkt 247001
Authority: 31 U.S.C. Section 3717.
Ronda L. Kent,
Assistant Commissioner, Payment
Management and Chief Disbursing Officer.
[FR Doc. 2018–23714 Filed 10–30–18; 8:45 am]
BILLING CODE 4810–AS–P
DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Proposed Collection of Information:
States Where Licensed for Surety
Notice and request for
comments.
ACTION:
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:
FOR FURTHER INFORMATION CONTACT:
VerDate Sep<11>2014
Building E, Landover, MD 20785
(Telephone: 202–874–9428).
SUPPLEMENTARY INFORMATION: The rate
reflects the current value of funds to the
Treasury for use in connection with
Federal Cash Management systems and
is based on investment rates set for
purposes of Public Law 95–147, 91 Stat.
1227 (October 28, 1977). Computed each
year by averaging Treasury Tax and
Loan (TT&L) investment rates for the 12month period ending every September
30, rounded to the nearest whole
percentage, for applicability effective
each January 1. Quarterly revisions are
made if the annual average, on a moving
basis, changes by 2 percentage points.
The rate for calendar year 2019 reflects
the average investment rates for the 12month period that ended September 30,
2018.
PO 00000
Frm 00108
Fmt 4703
Sfmt 4703
0.90
0.90
0.90
0.90
0.90
0.90
0.90
0.90
0.90
Off-line
surcharge
N/A
N/A
N/A
N/A
70.00
70.00
0.00
70.00
70.00
and/or continuing information
collections, as required by the
Paperwork Reduction Act of 1995.
Currently the Bureau of the Fiscal
Service within the Department of the
Treasury is soliciting comments
concerning States Where Licensed for
Surety.
Written comments should be
received on or before December 31, 2018
to be assured of consideration.
ADDRESSES: Direct all written comments
and requests for additional information
to Bureau of the Fiscal Service, Bruce A.
Sharp, Room #4006–A, P.O. Box 1328,
Parkersburg, WV 26106–1328, or
bruce.sharp@fiscal.treasury.gov.
SUPPLEMENTARY INFORMATION:
Title: States Where Licensed for
Surety.
OMB Number: 1530–0009.
Abstract: Information is collected
from insurance companies in order to
provide Federal bond approving officers
with this information. The listing of
states, by company, appears in
Treasury’s Circular 570, ‘‘Surety
Companies Acceptable on Federal
Bonds.’’
Current Actions: Extension of a
currently approved collection.
Type of Review: Regular.
Affected Public: Business or other forprofit.
Estimated Number of Respondents:
262.
Estimated Time per Respondent: 1
hour.
Estimated Total Annual Burden
Hours: 262.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
DATES:
E:\FR\FM\31OCN1.SGM
31OCN1
]]>Agencies
[Federal Register Volume 83, Number 211 (Wednesday, October 31, 2018)]
[Notices]
[Pages 54807-54808]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-23713]
-----------------------------------------------------------------------
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 2, 2019.
DATES: Applicable January 2, 2019.
FOR FURTHER INFORMATION CONTACT: Brendan Griffiths, 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 our review
of the latest book-entry costs and volumes.
For each Treasury securities transfer or reversal sent or received
on or after January 2, 2019, the basic fee will decrease from $0.97 to
$0.90. The Federal Reserve System also charges a funds movement fee for
each of these transactions for the funds settlement component of a
Treasury securities transfer.\1\ The surcharge for an off-line Treasury
book-entry securities transfer will remain at $70.00. 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,
which is in addition to the basic fee and the funds movement fee,
reflects the additional processing costs associated with the manual
processing of off-line securities transfers.
---------------------------------------------------------------------------
\1\ The Board of Governors of the Federal Reserve System sets
this fee separately from the fees assessed by Treasury. As of
January 2, 2018, that fee was $0.11 per transaction. For a current
listing of the Federal Reserve System's fees, please refer to
https://www.frbservices.org/financial-services/securities/.
---------------------------------------------------------------------------
Treasury does not charge a fee for account maintenance, the
stripping and reconstitution of Treasury securities, the wires
associated with original issues, or
[[Page 54808]]
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 2, 2019, for book-entry transfers on NBES:
Treasury--NBES Fee Schedule--Effective January 2, 2019
[In Dollars]
------------------------------------------------------------------------
Off-line
Transfer type Basic fee surcharge
------------------------------------------------------------------------
On-line transfer originated............. 0.90 N/A
On-line transfer received............... 0.90 N/A
On-line reversal transfer originated.... 0.90 N/A
On-line reversal transfer received...... 0.90 N/A
Off-line transfer originated............ 0.90 70.00
Off-line transfer received.............. 0.90 70.00
Off-line account switch received........ 0.90 0.00
Off-line reversal transfer originated... 0.90 70.00
Off-line reversal transfer received..... 0.90 70.00
------------------------------------------------------------------------
David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2018-23713 Filed 10-30-18; 8:45 am]
BILLING CODE 4810-AS-P
