An Examination of Concerns Expressed About the Federal Reserve's Pricing of Check Clearing Activities

GGD-85-9A: Published: Jan 14, 1985. Publicly Released: Jan 14, 1985.

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Supplemental information is provided pertaining to the Federal Reserve's pricing of its check-clearing activities. Included are detailed discussions of presentment fees, clearing balances, Federal Reserve float, check transportation, the Federal Reserve's operating costs, and the private sector adjustment factor.

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