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Page 19 of i0 <br />(iii) The depository would require an average or minimum balance so high that it <br />would not be feasible within the expected Federal and non -Federal cash resources. <br />(iv) A foreign government or banking system prohibits or precludes interest bearing <br />accounts. <br />(9) Interest earned amounts up to $500 per year may be retained by the non -Federal entity <br />for administrative expense. Any additional interest earned on Federal advance <br />payments deposited in interest -bearing accounts must be remitted annually to the <br />Department of Health and Human Services Payment Management System (PMS) <br />through an electronic medium using either Automated Clearing House (ACH) <br />network or a Fedwire Funds Service payment. Remittances must include pertinent <br />information of the payee and nature of payment in the memo area (often referred to as <br />"addenda records" by Financial Institutions) as that will assist in the timely posting of <br />interested earned on federal funds. Pertinent details include the Payee Account <br />Number (PAN) if the payment originated from PMS, or Agency information if the <br />payment originated from ASAP, NSF or another federal agency payment system. The <br />remittance must be submitted as follows: <br />(i) For ACH Returns: <br />Routing Number: 051036706 <br />Account number: 303000 <br />Bank Name and Location: Credit Gateway—ACH Receiver St. Paul, MN <br />(ii) For Fedwire Returns*: <br />Routing Number: 021030004 <br />Account number: 75010501 <br />Bank Name and Location: Federal Reserve Bank Treas NYC/Funds Transfer <br />Division New York, NY <br />(* Please note organization initiating payment is likely to incur a charge from <br />your Financial Institution for this type of payment) <br />(iii) For International ACH Returns: <br />Beneficiary Account: Federal Reserve Bank of New York/ITS (FRBNY/ITS) <br />Bank: Citibank N.A. (New York) <br />Swift Code: CITIUS33 <br />Account Number: 36838868 <br />Bank Address: 388 Greenwich Street, New York, NY 10013 USA <br />Payment Details (Line 70): Agency <br />Name (abbreviated when possible) and ALC Agency POC: Michelle Haney, <br />(301) 492-5065 <br />Agreement No. R19AP00131 Agreement Template <br />20 C-2 1 (0372019) <br />