Reserves Administration Frequently Asked Questions

Below are responses to frequently asked questions about reserves administration. If your question is not answered by the information provided within these FAQs or the Reserves Central page, please contact your Reserves Central District Contact or the Federal Reserve's Support Center.

Reserves Administration

Reserves Central Application

Federal Reserve Banks Transition to a Seven-Day Accounting Week

Implementation of the FedNow Service

Implementation of Interest on Reserve Balances (IORB) rate — Effective July 29, 2021

Elimination of Reserve Requirements — Effective March 26, 2020

Deletion of Transfer Limit from Savings Deposit Definition — Announced April 24, 2020

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