Transcription of Expedited Funds Availability Act
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Expedited Funds Availability Act
VI. Deposits EFA. Expedited Funds Availability Act under the regulation Introduction Appendix D Indorsement, reconversion, and truncation requirements in connection with Regulation CC (12 CFR 229), as amended, implements two substitute checks laws the Expedited Funds Availability Act (EFA Act), which Appendix E Commentary was enacted in August 1987 and became effective in September 1988, and the Check Clearing for the 21st Century Appendix F Official Federal Reserve Board Act (Check 21), which was enacted in October 2003 and ( Board ) Interpretations; Preemption became effective on October 28, 2004.
Expedited Funds Availability Act . Introduction . Regulation CC (12 CFR 229), as amended, implements two laws—the Expedited Funds Availability Act (EFA Act), which was enacted in August 1987 and became effective in ... holiday schedule). • A banking day is a business day on which a bank is
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