# Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire
> **US Federal Reserve System** · Final rule. · Published 2018-11-30 · Effective 2019-01-01 · 83 FR 61509
## Document
- **Document number:** 2018-25267
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 83 FR 61509
- **CFR reference:** 12 CFR 210
- **Publication date:** 2018-11-30
- **Effective date:** 2019-01-01
- **Docket:** Regulation J
## Abstract

The Board of Governors of the Federal Reserve System (Board) is publishing final amendments to Regulation J. The amendments clarify and simplify certain provisions Regulation J, remove obsolete provisions, and align the rights and obligations of sending banks, paying banks, and Federal Reserve Banks (Reserve Banks) with the Board's recent amendments to Regulation CC to reflect the virtually all-electronic check collection and return environment. The final rule also amends Regulation J to clarify that terms used in financial messaging standards, such as ISO 20022, do not confer legal status or responsibilities.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2018/11/30/2018-25267/collection-of-checks-and-other-items-by-federal-reserve-banks-and-funds-transfers-through-fedwire)
---
*AI Analytics · CC0 1.0*