Central Banking

US Fed to expand ACH payment system to Latin Am

Atlanta Fed officials have said the Federal Reserve's ACH payment system will be expanded to include a Latin American country in 2004, but the Atlanta retail payments office did not reveal the country due to disclosure rules.

Source: Business News Americas

The US federal reserve system (Fed) will expand its bank-to-bank ACH payment system to Latin America this year and next year to reduce the cost of remittances and to improve cross-border payment efficiency, officials from the Atlanta federal

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: