3 ms·
The Fedwire transaction better be instantaneous -- interest on intraday overdrafts accrues by the minute. http://www.federalreserve.gov/paymentsystems/psr_poli
by JackFr 13y ago
The Fedwire transaction better be instantaneous -- interest on intraday overdrafts accrues by the minute.
http://www.federalreserve.gov/paymentsystems/psr_policy.htm#daylightdef http://www.federalreserve.gov/paymentsystems/psr_policy.htm#...
- guan 13y agoOverdraft fees up to $150 are waived. Very generous of the Fed.