Cash items' payment proceeds must be available to the Reserve Bank by the latest of:

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answerhappygod
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Cash items' payment proceeds must be available to the Reserve Bank by the latest of:

Post by answerhappygod »

Cash items' payment proceeds must be available to the Reserve Bank by the latest of:

A. The next clock hour that is after the hour the paying bank receives the item
B. 9:30 A.M. Eastern time
C. Such other time as provided in the Reserve Bank's operating circulars
D. Both A and B
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