Will Depository Institutions be assessed fees for cross–shipping activity even during extraordinary events, such as a natural disaster or the introduction of a new series bank note?
Billable cross–shipping activity may be waived during extraordinary events, which might include natural disasters, new note series introductions (involving covered denominations), and specified holiday currency ordering periods. All waivers will be very short in duration, limited in scope, and will affect only the relevant denomination(s) and Federal Reserve Bank zones or sub–zones. Waivers will be noted on cross–shipping reports, which will show the specific cross–shipping activity being waived.
Related Questions
- Will Depository Institutions be assessed fees for cross–shipping activity even during extraordinary events, such as a natural disaster or the introduction of a new series bank note?
- Are there any special fees assessed other than the Tuition, Non-Resident, Information Technology, Student Activity, and Health Service fees?
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