Examples of Federal Reserve Regulation D in a sentence
NOTE: The above prescribed penalties are the minimum required by Federal Reserve Regulation D.
For deposits in domestic offices, the term “transaction account” is defined in Federal Reserve Regulation D and in the Glossary entry for “deposits” and such deposits are reported in Schedule RC-E, (part I,) item 7, column A.
The account may become a savings deposit if it meets the requirements for a savings deposit; otherwise it becomes a demand deposit.NOTE: The above prescribed penalties are the minimum required by Federal Reserve Regulation D.
Federal Reserve Regulation D limits the total number of transfers made by check, telephone, online banking and overdraft protection, as well as preauthorized transfers (including check card purchases, automatic transfers and wire transfers) to six (6) per statement period for savings and money market accounts.
Permissible IBF assets and permissible IBF liabilities are defined in Federal Reserve Regulation D [12 CFR 204.8(a)(2) and (3)].
Federal Reserve Regulation D addresses required reserves for deposits.
Monthly Limit: The Federal Reserve Regulation D limit on the frequency of savings account transactions of six per month also applies.
The term “transaction account” is defined in Federal Reserve Regulation D and in the Glossary entry for “deposits” and such deposits are reported in Schedule RC-E, item 7, column A.
The account may become a savings deposit if it GL-14June 2012 FFIEC 002DRAFT Glossary meets the requirements for a savings deposit; otherwise it becomes a demand deposit.NOTE: The above prescribed penalties are the minimum required by Federal Reserve Regulation D.
The amount reported should match the reported amount on the Federal Reserve form FR 2900 for the quarter-end day.There are two key criteria for retail sweep programs to comply with the Federal Reserve Regulation D defintions of “transaction account” and “savings deposit:”1.