Effective June 24, 2025: Amendments to Operating Circular 8
May 23, 2025
Effective June 24, 2025, the Federal Reserve Banks will amend Operating Circular 8, Funds Transfers Through the FedNow® Service, including its appendices, to (i) address planned or unplanned interruption of the FedNow Service and (ii) modify and restructure appendix D to incorporate account activity thresholds and delineate the terms applicable to all additional processing options, account activity thresholds or the negative list specifically.
Please see the Operating Circulars page for more information, including the amended OC 8, a more detailed summary of changes and a redlined document comparing the existing version to the version effective on June 24, 2025.
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