LOWVulnerability
Global

Fed consults on letting US banks use intermediaries to transfer funds through FedNow

·Source: Finextra

Updated:

Executive Summary

The Federal Reserve Board on Wednesday invited public comment on a proposal that would allow U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service.

Analysis

The Federal Reserve Board on Wednesday invited public comment on a proposal that would allow U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service.
Source Attribution

Originally published by Finextra on Apr 10, 2026.

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