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2010-09-23
article
Policy on Payments System Risk; Daylight Overdraft Posting Rules
Notices
D09002ee1bdd95b38
D09002ee1bdd95bde
United States
Federal Reserve System
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United States Government Agency or Subagency
Commercial and government automated clearinghouse (ACH) credit transfers processed by the Federal Reserve Banks' (Reserve Banks) FedACH service are currently posted at 8:30 a.m., while commercial and government ACH debit transfers are posted at 11 a.m.\1\ The Board proposes to change the posting time for commercial and government ACH debit transfers that are processed by the Reserve Banks' FedACH service to 8:30 a.m. to coincide with the posting time for commercial and government ACH credit transfers. In line with this change, the Board also intends, in consultation with the U.S. Treasury, to move the posting time for Treasury Tax and Loan (TT&L) investments associated with Electronic Federal Tax Payment System (EFTPS) ACH debit transfers to 8:30 a.m. to maintain the simultaneous posting of ACH transactions and related Treasury transactions. ---------------------------------------------------------------------------
73 FR 12443
https://www.govinfo.gov/app/details/FR-2008-03-07/E8-4183
E8-4183
fr07mr08-83
6210-01-P
Docket No. OP-1310
https://www.govinfo.gov/app/details/FR-2008-03-07/E8-4183
https://www.govinfo.gov/content/pkg/FR-2008-03-07/html/E8-4183.htm
https://www.govinfo.gov/content/pkg/FR-2008-03-07/pdf/E8-4183.pdf
6 p.
12443
12448
73 FR 12443
Policy on Payments System Risk; Daylight Overdraft Posting Rules; Federal Register Vol. 73, Issue
NOTICE
E8-4183
FEDERAL RESERVE SYSTEM
2008-06-04
Docket No. OP-1310
6210-01-P
E8-4183
Policy statement; Request for comments.
Commercial and government automated clearinghouse (ACH) credit transfers processed by the Federal Reserve Banks' (Reserve Banks) FedACH service are currently posted at 8:30 a.m., while commercial and government ACH debit transfers are posted at 11 a.m.\1\ The Board proposes to change the posting time for commercial and government ACH debit transfers that are processed by the Reserve Banks' FedACH service to 8:30 a.m. to coincide with the posting time for commercial and government ACH credit transfers. In line with this change, the Board also intends, in consultation with the U.S. Treasury, to move the posting time for Treasury Tax and Loan (TT&L) investments associated with Electronic Federal Tax Payment System (EFTPS) ACH debit transfers to 8:30 a.m. to maintain the simultaneous posting of ACH transactions and related Treasury transactions. ---------------------------------------------------------------------------
Comments must be received on or before June 4, 2008.
Jeffrey Marquardt, Deputy Director (202-452-2360) or Susan Foley, Assistant Director (202-452-3596), Division of Reserve Bank Operations and Payment Systems, Board of Governors of the Federal Reserve System; for users of Telecommunications Device for the Deaf (``TDD'') only, contact (202) 263-4869.
Policy on Payments System Risk; Daylight Overdraft Posting Rules,
//regs.comments@federalreserve.gov
http://regs.comments
http://www.federalreserve.gov
http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm
http://www.frbservices.org
http://www.frbservices.org/files/communications/pdf/research/2007_payments_study.pdf
http://www.regulations.gov
https://www.federalreserve.gov/apps/RPFCalc/
Federal Register
Vol. 73, no. 46
Office of the Federal Register, National Archives and Records Administration
2008-03-07
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376 p.
Table of Contents:
AE 2.7:
GS 4.107:
AE 2.106:
KF70.A2
https://www.govinfo.gov/app/details/FR-2008-03-07
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https://www.govinfo.gov/app/details/FR-2008-03-07
https://www.govinfo.gov/content/pkg/FR-2008-03-07/pdf/FR-2008-03-07.pdf
https://www.govinfo.gov/content/pkg/FR-2008-03-07/xml/FR-2008-03-07.xml
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2010-09-23
2023-05-02
FR-2008-03-07
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FR-2008-03-07
73
46