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Federal Reserve Banks Operating Circular No. 6 FUNDS TRANSFERS THROUGH THE REWIRE FUNDS SERVICE Effective March 8, 2021July 1, 2023FEDERAL RESERVE BANKS OPERATING CIRCULAR NO. 6 Effective July 1,

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What is operating circular no 6?

Operating Circular No. 6 is a document issued by the Federal Reserve that outlines the procedures and requirements for electronic funds transfers.

Who is required to file operating circular no 6?

Financial institutions that are part of the Federal Reserve system are required to file Operating Circular No. 6.

How to fill out operating circular no 6?

To fill out Operating Circular No. 6, financial institutions must provide information about their electronic funds transfer activities, including volume and frequency.

What is the purpose of operating circular no 6?

The purpose of Operating Circular No. 6 is to ensure the smooth and efficient operation of electronic funds transfers within the Federal Reserve system.

What information must be reported on operating circular no 6?

Information such as the volume and frequency of electronic funds transfers, as well as any issues or challenges encountered during the reporting period, must be reported on Operating Circular No. 6.

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