Fee Schedule for the Transfer of U.S. Treasury Book-Entry Securities Held on the Fedwire Securities Service, 57808 [2019-23482]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES 57808 Federal Register / Vol. 84, No. 208 / Monday, October 28, 2019 / Notices document provides the public notice that on October 10, 2019, Dallas Area Rapid Transit (DART) petitioned the Federal Railroad Administration (FRA) to extend its waiver of compliance from certain provisions of the Federal railroad safety regulations contained at 49 CFR parts 229 and 234. FRA assigned the petition Docket Number FRA–2004– 20000. Specifically, DART seeks an extension of the terms and conditions of its current waiver of compliance from the provisions of 49 CFR 229.125, Headlights and auxiliary lights, and 49 CFR 234.105, Activation failure. This waiver was initially granted in 2005 and extended in 2010 and 2015, to allow operation of DART’s rail-fixed guideway public transit lines that share a ‘‘limited connection’’ with the general railroad system, specifically with the Dallas Garland and Northeastern Railroad. DART’s petition states that no modifications or changes have occurred since the waiver was initially granted in 2005. The petition also states that DART ‘‘has no record of any accidents or safety-related incidents that occurred in these areas covered by the regulations where these waivers are being requested.’’ Interested parties are invited to participate in these proceedings by submitting written views, data, or comments. FRA does not anticipate scheduling a public hearing in connection with these proceedings since the facts do not appear to warrant a hearing. If any interested parties desire an opportunity for oral comment and a public hearing, they should notify FRA, in writing, before the end of the comment period and specify the basis for their request. All communications concerning these proceedings should identify the appropriate docket number and may be submitted by any of the following methods: • Website: www.regulations.gov. Follow the online instructions for submitting comments. • Fax: 202–493–2251. • Mail: Docket Operations Facility, U.S. Department of Transportation, 1200 New Jersey Avenue SE, W12–140, Washington, DC 20590. • Hand Delivery: 1200 New Jersey Avenue SE, Room W12–140, Washington, DC 20590, between 9 a.m. and 5 p.m., Monday through Friday, except Federal holidays. Communications received by December 12, 2019 will be considered by FRA before final action is taken. Comments received after that date will be considered if practicable. Anyone can search the electronic form of any VerDate Sep<11>2014 16:58 Oct 25, 2019 Jkt 250001 written communications and comments received into any of our dockets by the name of the individual submitting the comment (or signing the document, if submitted on behalf of an association, business, labor union, etc.). Under 5 U.S.C. 553(c), DOT solicits comments from the public to better inform its processes. DOT posts these comments, without edit, including any personal information the commenter provides, to www.regulations.gov, as described in the system of records notice (DOT/ALL– 14 FDMS), which can be reviewed at https://www.transportation.gov/privacy. See also https://www.regulations.gov/ privacyNotice for the privacy notice of regulations.gov. Issued in Washington, DC. John Karl Alexy, Associate Administrator for Railroad Safety, Chief Safety Officer. [FR Doc. 2019–23450 Filed 10–25–19; 8:45 am] BILLING CODE 4910–06–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 Fedwire Securities Service 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 Fedwire Securities Service (Fedwire) that occur on or after January 2, 2020. DATES: Applicable January 2, 2020. 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 Fedwire. 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, 2020, the basic fee will decrease from $0.90 to $0.75. 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 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 Fedwire. 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 2, 2020, for book-entry transfers on Fedwire: TREASURY-FEDWIRE FEE SCHEDULE EFFECTIVE JANUARY 2, 2020 [In dollars] SUMMARY: PO 00000 Frm 00121 Fmt 4703 Sfmt 4703 Transfer type On-line transfer originated ...... On-line transfer received ......... On-line reversal transfer originated .................................... On-line reversal transfer received .................................. Off-line transfer originated ...... Off-line transfer received ......... Off-line account switch received .................................. Off-line reversal transfer originated .................................... Off-line reversal transfer received .................................. Basic fee Off-line surcharge 0.75 0.75 N/A N/A 0.75 N/A 0.75 0.75 0.75 N/A 70.00 70.00 0.75 0.00 0.75 70.00 0.75 70.00 Authority: 31 CFR 357.45. David A. Lebryk, Fiscal Assistant Secretary. [FR Doc. 2019–23482 Filed 10–25–19; 8:45 am] BILLING CODE 4810–AS–P 1 The Board of Governors of the Federal Reserve System sets this fee separately from the fees assessed by Treasury. As of January 2, 2019, 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/index.html. E:\FR\FM\28OCN1.SGM 28OCN1

Agencies

[Federal Register Volume 84, Number 208 (Monday, October 28, 2019)]
[Notices]
[Page 57808]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-23482]


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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 Fedwire Securities Service

AGENCY: Bureau of the Fiscal Service, Fiscal Service, Treasury.

ACTION: Notice.

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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 Fedwire Securities Service (Fedwire) that 
occur on or after January 2, 2020.

DATES: Applicable January 2, 2020.

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 Fedwire. 
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, 2020, the basic fee will decrease from $0.90 to 
$0.75. 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.
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    \1\ The Board of Governors of the Federal Reserve System sets 
this fee separately from the fees assessed by Treasury. As of 
January 2, 2019, 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/index.html.
---------------------------------------------------------------------------

    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 Fedwire. 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, 2020, for book-entry transfers on Fedwire:

                      Treasury-Fedwire Fee Schedule
                        Effective January 2, 2020
                              [In dollars]
------------------------------------------------------------------------
                                                       Basic   Off-line
                    Transfer type                       fee    surcharge
------------------------------------------------------------------------
On[dash]line transfer originated....................    0.75         N/A
On[dash]line transfer received......................    0.75         N/A
On[dash]line reversal transfer originated...........    0.75         N/A
On[dash]line reversal transfer received.............    0.75         N/A
Off[dash]line transfer originated...................    0.75       70.00
Off[dash]line transfer received.....................    0.75       70.00
Off[dash]line account switch received...............    0.75        0.00
Off[dash]line reversal transfer originated..........    0.75       70.00
Off[dash]line reversal transfer received............    0.75       70.00
------------------------------------------------------------------------


    Authority:  31 CFR 357.45.

David A. Lebryk,
Fiscal Assistant Secretary.
[FR Doc. 2019-23482 Filed 10-25-19; 8:45 am]
 BILLING CODE 4810-AS-P