# Federal Reserve Policy on Payment System Risk; Procedures for Measuring Daylight Overdrafts
> **US Federal Reserve System** · Policy statement. · Published 2016-07-22 · Effective 2016-09-23 · 81 FR 47692
## Document
- **Document number:** 2016-17334
- **Category:** other
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 81 FR 47692
- **Publication date:** 2016-07-22
- **Effective date:** 2016-09-23
- **Docket:** Docket No. OP-1544
## Abstract

The Board of Governors of the Federal Reserve System (Board) has revised part II of the Federal Reserve Policy on Payment System Risk (PSR policy) related to the procedures for measuring balances intraday in institutions' accounts at the Federal Reserve Banks (Reserve Banks) to conform with enhancements to the Reserve Banks' same-day automated clearinghouse (ACH) service previously approved by the Board.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2016/07/22/2016-17334/federal-reserve-policy-on-payment-system-risk-procedures-for-measuring-daylight-overdrafts)
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