Federal Reserve Board announces adoption of changes to part II of the Federal Reserve Policy on Payment System Risk

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5065
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Federal Reserve Board announces adoption of changes to part II of the Federal Reserve Policy on Payment System Risk

Postby kreslik.news » Wed Jul 20, 2016 8:00 pm


The Federal Reserve Board on Thursday announced the adoption of changes to part II of the Federal Reserve Policy on Payment System Risk (PSR policy) to conform with enhancements to the Reserve Banks' same-day automated clearing house (ACH) service previously announced by the Board on September 23, 2015. The Board's PSR policy establishes the procedures, referred to as posting rules, for the settlement of credits and debits to institutions' Federal Reserve accounts for different payment types. The PSR policy changes relate to the posting rules for forward and return same-day ACH transactions and will align the posting rules ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”