12 CFR 1271.10

§ 1271.10 Transfer of funds between Banks.

United States · 12 CFR — Banks and Banking · Status: effective

Cite this

Citation: 12 CFR 1271.10, § 1271.10 Transfer of funds between Banks, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/50837
Permanent ID: ys:prov:50837@1
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Full text

Inter-Bank borrowing shall be through unsecured deposits bearing interest at rates negotiated between Banks.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.