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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)