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FedNow® Service Operating Procedures: Simplified (But Longer!)

Electronic Format


Publisher: Payments Professor
Year: 2026

The FedNow® operating procedures, translated into plain, friendly language, with all the operational detail practitioners actually need. The cheeky title says it all: simpler to read, and more thorough than a summary.

Inside the book
Covers FedNow Service terms, anti-money laundering and sanctions compliance, general expectations, participant availability expectations, business-day rollover, message signing, and participant and connection profiles. The risk chapters cover the participant negative list, account activity thresholds, Network Intelligence, fraud reporting, and request-for-payment warranties. The messaging chapters walk the full ISO® 20022 message set (pacs, camt, admi, and pain messages) and FedNow APIs, followed by reports and reconciliation, consolidated response times, support, network limits, messaging charts, and a bonus chapter on dealing with duplicates.

Who it’s for
FedNow operations staff, project managers, and compliance officers who need a desk reference for day-to-day processing questions, without wading through the official procedures cold. Anyone preparing for the AFPP (Accredited Faster Payments Professional) exam.

This publication is formatted as a PDF document. Users must have access to Adobe Reader.

Format: PDF

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