Effective August 1, 2008, the Federal Reserve Banks will modify the pricing on forward collection and return items in carrier documents.

• Any qualified return item cash letter containing carrier documents will be reclassified as unqualified (raw) returns, with associated pricing and availability.

• Forward collection machineable cash letters containing carrier documents will be charged an additional $0.02 per item on each item in the cash letter. This fee is in addition to the published fees.

• The fee for items in carrier documents contained in machineable cash letters that fail IQA will be increased from $4.00 per item to $10.00 per item.

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