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Bankowość centralna · 15/12/1998

Federal Reserve Board Requests Comment on Proposed Modification to Regulation CC

The Federal Reserve Board is seeking public comment on a proposed modification to its Regulation CC, which would shorten the maximum hold period for nonlocal checks from five to four business days, except for certain categories where a depositary bank may retain a five-day hold. The Board is considering alternative modifications and may request further comment in a future notice.

Source: Federal Register — Federal ReserveOpen original release →