Reserve Banks must issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including
Reserve Banks must issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including
Reserve Banks issue operating circulars, which, together with Regulation J, govern the details of handling items through the Reserve Bank, including the handling of clearing instruments. These circulars and regulations provide comprehensive guidance and rules for banks and financial institutions on the processing and settlement of transactions, specifically focusing on clearing instruments such as checks.
A, page 612 of the online book.
Reserve Banks issue operating circulars which, together with Regulation J, govern the details of handling items through the Reserve Bank, including the handling of clearing instruments. These operating circulars and regulations provide guidance and rules for banks and financial institutions regarding the processing and settlement of transactions, including checks and other clearing instruments.