course
Regulation J: Check Collection by FRBs and Funds Transfers
Learn about the purpose of Regulation J and sending and returning items to a reserve bank.
Bankers Academy
Updated Mar 18, 2025
What you'll learn
- Purpose of Regulation J.
- Sending and returning items to a reserve bank.
- Role of Fedwire in debiting and crediting accounts.
Course Description
This course will introduce the learner to Regulation J, which establishes responsibilities of the Federal Reserve System and the rules for the collection of checks and other items. The course will discuss for the learner the relationship of the Regulation to the Federal Reserve System.
