Finance & markets · 05/12/2014Updated: 10/17/2026 · 1 min read
Federal Reserve Board Adopts Amendments to Regulation J for Faster Check Settlements
Summary
The Federal Reserve Board is adopting amendments to Regulation J to allow Federal Reserve Banks to require paying banks to make settlement proceeds available within 30 minutes of receiving checks, and to obtain settlement as early as 8:30 a.m. Eastern Time. These changes align with the revised method for posting debits and credits to banks' Federal Reserve accounts and are part of the Board's concurrent adoption of the Federal Reserve Policy on Payment System Risk (PSR policy) amendments.