Market Responses to Pricing Fedwire Daylight Overdrafts
Article
Market Responses to Pricing Fedwire Daylight Overdrafts
Market Responses to Pricing Fedwire Daylight Overdrafts
Market Responses to Pricing Fedwire Daylight Overdrafts
May/Jun
1989
Market Responses to Pricing Fedwire Daylight Overdrafts
David B. Humphrey {davhum1}
<p>The Federal Reserve is considering pricing daylight overdrafts on Fedwire. The market could respond in four ways. Estimates of the effect of each on reducing overdrafts leads to the conclusion that funds transfer overdrafts could virtually be eliminated.</p>
/RichmondFedOrg/publications/research/economic_review/1989/pdf/er750303.pdf
Payments & Policy
1
Payments
<p>The Federal Reserve is considering pricing daylight overdrafts on Fedwire. The market could respond in four ways. Estimates of the effect of each on reducing overdrafts leads to the conclusion that funds transfer overdrafts could virtually be eliminated.</p>
Economic Review
May/Jun
1989