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Expedited Funds Availability Act

Expedited Funds Availability Act

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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 September 1988, and the Check Clearing for the 21st Century Act (Check 21), which was enacted in October 2003 and

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