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Bankowość centralna · 25/03/2011

Federal Reserve Proposes Changes to Electronic Check Collection and Funds Availability

The Federal Reserve Board is proposing amendments to its regulations to facilitate the banking industry's transition to electronic check collection and return, aiming to improve the efficiency and security of the system, and is seeking public comment on potential future changes to reduce the risk of depositary banks having to make funds available prematurely.

Source: Federal Register — Federal ReserveOpen original release →