Full text: National banking under the Federal Reserve System

CuiEck CLEARING AND COLLECTION 
Such rules and regulations shall be set forth by the Federal Reserve 
Banks in their letters of instruction to their member and non-member 
clearing banks and shall be binding upon any member or non-member 
clearing bank which sends any check to such Federal Reserve Bank 
for collection or to any other Federal Reserve Bank for the account 
of such Federal Reserve Bank for collection. 
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