Fed announces pricing for payment services
December 05, 2025 / By ICBA
The Federal Reserve Board announced pricing for payment services provided by the Federal Reserve Banks, effective Jan. 1, 2026.
Details: The Fed said:
The announcement affects services such as the clearing of checks, ACH transactions, instant payments, and wholesale payment and settlement services.
The price changes will result in a 0.9% average price increase for established, mature services.
It expects to recover 108% of actual and imputed expenses in 2026.
The entire 2026 fee schedule is published the Federal Reserve website.
Background: By law, the Federal Reserve must establish fees to recover the costs, including imputed costs, of providing payment services over the long run.
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