# Payment System Risk Policy; Daylight Overdraft Posting Rules
> **US Federal Reserve System** · Policy statement. · Published 2012-04-17 · Effective 2012-04-11 · 77 FR 22666
## Document
- **Document number:** 2012-9211
- **Category:** other
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 77 FR 22666
- **CFR reference:** 12 CFR 204
- **Publication date:** 2012-04-17
- **Effective date:** 2012-04-11
- **Docket:** Docket No. OP-1440
## Abstract

The Board of Governors of the Federal Reserve System (Board) has revised its Policy on Payment System Risk (PSR Policy) to modify the posting rules to conform with procedural changes to the redemption of separately-sorted savings bonds and to eliminate a reference to the contractual clearing balance program.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/04/17/2012-9211/payment-system-risk-policy-daylight-overdraft-posting-rules)
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