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23 Φεβ 2023 · Regulation J is a Federal Reserve rule that governs how banks and financial institutions collect checks and other items. It also outlines how they are to settle balances with the Fed.
28 Δεκ 2016 · Regulation J provides the legal framework for depository institutions to collect checks and other items and to settle balances through the Federal Reserve System. The regulation specifies terms and conditions under which Federal Reserve Banks will receive items for collection from and present items to depository institutions.
6 Ιουν 2022 · Regulation J (12 CFR part 210) provides the legal framework for the collection and return of checks through the Federal Reserve System (subpart A) and specifies terms and conditions governing funds transfers over the Fedwire Funds Service (subpart B).
part 210—collection of checks and other items by federal reserve banks and funds transfers through the fedwire funds service and the fednow service (regulation j)
This Regulation has amendments effective January 1, 2019. Sections with amendments are marked with an asterisk (*). Subpart A--Collection of Checks and Other Items By Federal Reserve Banks
Each Federal Reserve Bank shall issue an Operating Circular consistent with this subpart that governs the details of its funds-transfer operations in connection with the FedNow Service and other matters it deems appropriate.
30 Νοε 2018 · Under subpart A of Regulation J, Reserve Banks handle “items,” which are defined to include “electronic items.” Regulation J currently defines an “electronic item” as an electronic image of, and information describing, an item that a Reserve Bank agrees to handle pursuant to an operating circular.