Credit item definition
Credit item means an item sent to a Federal Reserve Bank by a sending institution for debit to the sending institution’s account and for credit to a receiving institution’s account. Unless otherwise expressly stated, the term includes a credit item subject to Article 4A.
Credit item means an item sent to a Re serve Bank by an originator for debit to the originator's account and for credit to a receiver's account.
Credit item means an item sent to a Reserve Bank by an originator for debit to the originator's account and for credit to a recipient's account.