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Regulation Q |
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Regulation Q Federal Reserve Board regulation imposing caps on the rates that banks may pay on savings and time deposits. Currently time deposits with a denomination of $100,000 or more are exempt from Reg Q. Regulation Q A federal law having to do with interest on bank deposits. Today, it provides that banks cannot pay interest on demand deposit accounts—checking accounts. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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