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Federal R eserve Bank
OF DALLAS
W IL L IA M

H. W ALLACE

DALLAS, TEXAS 75222

FIRST V IC E P R E S ID E N T
AND C H IE F O PER ATING O FFIC E R

MdTCh 22, 1989
Circular 89-17

TO:

The Chief Executive Officer of all
member banks and others concerned in
the Eleventh Federal Reserve District
SUBJECT
Automated Clearing House Transactions (Docket Number R-0661)
DETAILS

In our Circular No. 89-13, dated March 7, 1989, we announced that The
Federal Reserve Board had requested public comment on a series of revised
proposals regarding the finality accorded automated clearing house (ACH)
credit and debit transactions processed by Federal Reserve Banks.
Comment was originally requested by March 31, 1989.
The Board has extended the deadline for comments an additional 60
days, to June 2, 1989. In addition, the proposed policy statement is
clarified by specifying that the changes would only apply to commercial ACH
transfers, not to Treasury payments.
Comments should be addressed to William W. Wiles, Secretary, Board of
Governors of the Federal Reserve System, Washington, D.C. 20551. All
correspondence should refer to Docket No. R-0661 and must be received by June
2, 1989.
MORE INFORMATION
For further information regarding this circular, please contact
Sharon Sweeney at (214) 651-6228. For additional copies of this circular,
please contact the Public Affairs Department at (214) 651-6289.
Sincerely yours,

For additional copies of any circular please contact the Public A ffairs D epartm ent at (214) 651 -6 2 8 9 . Banks and others are
encouraged to use the following in coming W A TS numbers in c ontacting this Bank (800) 4 4 2 -7 1 4 0 (intrastate) and (800)
5 2 7 -9 2 0 0 (interstate).

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)