{"abstract":"The Board of Governors (Board) is adopting amendments to subpart A of its Regulation J, Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers through Fedwire, to permit the Federal Reserve Banks (Reserve Banks) to require paying banks that receive presentment of checks from the Reserve Banks to make the proceeds of settlement for those checks available to the Reserve Banks as soon as one half-hour after receipt of the checks. The amendments will also permit the Reserve Banks to obtain settlement from paying banks by as early as 8:30 a.m. eastern time for checks that the Reserve Banks present. These amendments to Regulation J are consistent with the revised method for posting debits and credits to banks' Federal Reserve accounts to measure daylight overdrafts under amendments to the Federal Reserve Policy on Payment System Risk (PSR policy) that the Board is concurrently adopting. The Board is also adopting a technical amendment to the definition of \"Administrative Reserve Bank.\"","action":"Final rule.","agencies":[{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2014/12/05/2014-28516.html","cfr_references":[{"chapter":null,"citation_url":null,"part":210,"title":12}],"citation":"79 FR 72107","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: The technical amendment to Sec. 210.2(c) is effective on December 5, 2014. All other amendments are effective on July 23, 2015. Applicability Date: All items scheduled to settle on July 23, 2015, and after will post according to the new posting rule procedures for these transactions, regardless of date of deposit.","disposition_notes":null,"docket_ids":["Regulation J","Docket No. R-1473"],"dockets":[],"document_number":"2014-28516","effective_on":"2015-07-23","end_page":72112,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2014/12/05/2014-28516.xml","html_url":"https://www.federalregister.gov/documents/2014/12/05/2014-28516/collection-of-checks-and-other-items-by-federal-reserve-banks-and-funds-transfers-through-fedwire","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2014-28516?publication_date=2014-12-05","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2014-12-05/2014-28516/mods.xml","not_received_for_publication":null,"page_length":6,"page_views":{"count":1899,"last_updated":"2026-10-23 14:15:06 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2014-12-05/pdf/2014-28516.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2014-28516.pdf?1417700913","publication_date":"2014-12-05","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2014/12/05/2014-28516.txt","regulation_id_number_info":{"7100-AE06":{"issue":"201410","html_url":"https://www.federalregister.gov/regulations/7100-AE06/regulation-j-collection-of-checks-and-other-items-by-federal-reserve-banks-and-funds-transfer-throug","title":"Regulation J--Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfer through Fedwire (Docket No: R-1473)\n","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201410&RIN=7100-AE06&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["7100-AE06"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2015-01-12T19:20:30Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":72107,"subtype":null,"title":"Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire: Time of Settlement by a Paying Bank for an Item Received From a Reserve Bank","toc_doc":"Time of Settlement by a Paying Bank for an Item Received from a Reserve Bank","toc_subject":"Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers through Fedwire:","topics":["Banks, banking"],"type":"Rule","volume":79}