Report of Net Debit Cap

ICR 200504-7100-001

OMB: 7100-0217

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
36244 Migrated
ICR Details
7100-0217 200504-7100-001
Historical Active 200411-7100-004
FRS
Report of Net Debit Cap
Extension without change of a currently approved collection   No
Delegated
Approved without change 04/21/2005
Retrieve Notice of Action (NOA) 04/21/2005
  Inventory as of this Action Requested Previously Approved
04/30/2008 04/30/2008 04/30/2005
1,785 0 1,785
1,780 0 1,780
0 0 0

Under the Federal Reserve's Payments System Risk Policy, all institutions that maintain a Federal Reserve account are assigned or may establish a net debit cap that represents a maximum limit on daylight overdrafts incurred in that account on a single day or on average during a two-week maintenance period. The report comprises one or more resolutions filed by an institution's board of directors.

None
None


No

1
IC Title Form No. Form Name
Report of Net Debit Cap FR-2226

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,785 1,785 0 0 0 0
Annual Time Burden (Hours) 1,780 1,780 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
04/21/2005


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