Fed aims for real-time interbank settlement of faster payments

Federal Reserve
Federal Reserve

The US Federal Reserve is seeking public comment on measures to develop an around-the-clock, real-time interbank settlement system for faster payments.

The central bank is open to views on two actions to develop more efficient and secure instant payments. One is extending the capabilities of its real-time gross settlement system to offer a constantly-operating service, 365 days a year. It is also looking for comments on creating a liquidity management tool to support the settlement services

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 individual account here: