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.