March 1990

Payment Systems and Funds Transfer Activities

This publication is a part of:

Collection: Comptroller’s Handbook

Series: Safety and Soundness

Category: Other Activities

Overview

This booklet provides an overview of payment systems and funds transfer activities, discusses associated risks, and addresses risk management practices.

Applicability

This booklet applies to the OCC's supervision of national banks. References to national banks in this booklet also generally apply to federal branches and agencies of foreign banking organizations. Refer to 12 USC 3102(b) and the "Federal Branches and Agencies Supervision" booklet of the Comptroller's Handbook for more information. For information applicable to federal savings associations, refer to former Office of Thrift Supervision Examination Handbook section 580, "Payments Systems Risk."