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Regulation J Subpart C: FedNow® Explained and Simplified

Electronic Format

A concise gateway to the federal regulation that governs FedNow® funds transfers. Section by section, § 210.40 through § 210.47, the regulation is demystified so readers understand not just what the rules say, but why they matter.

Inside the book
Includes a summary of Regulation J Subpart C, the application of UCC Article 4A, authority, purpose, and scope, reliance on identifying numbers, definitions, agreements of the sender and the receiving bank, payment orders, payment by a Federal Reserve Bank, Reserve Bank liability and compensation, and the Board commentary.

Who it’s for
Legal experts, compliance officers, operational staff, and decision-makers who need a fast, accurate grounding in the legal framework behind FedNow instant payments. Anyone preparing for the AFPP (Accredited Faster Payments Professional) exam.

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Format: PDF

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