Banks unlucky enough to receive a missent payment on the last day of a quarter get stuck paying deposit insurance premiums on a bigger base.

Dan Taylor, president of the U.S. Council on International Banking in New York, thinks it's time for the Federal Deposit Insurance Corp. to fix this. "If you end up with $100 million on June 30 that isn't yours, you have to pay the assessment," he said. "We think they [the FDIC] should get what they are entitled to - no more, no less."

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