On Oct. 12, 2026, RUS CB issued Ord 7383-U amending ord 6222-U.
Credit institutions must now submit cash deposit/withdrawal requests as electronic messages through the RUS CB payment system, with a paper form as a fallback during outages.
The ord also extends the rules to branches of foreign banks, adds electronic signatures for requests, and requires a clean supervisory record for certain cash services.
The ord takes effect on Oct. 23, 2026 (10 days after the day of its official publication).
On Apr. 30, RUS CB proposed updating cash services provision rules.
RUS CB proposed ord amending ord 6222-U on rules for conducting cash services by RUS CB to credit institutions and legal entities that are not credit institutions with explanatory note.
Consultation documents are only available on RUS CB website until comment deadline.
Proposals
The ord introduces amendments which includes: restructuring regional units, expanding client eligibility, and allowing more flexible cash servicing arrangements.
The proposed ordinance also introduces new procedures for verifying signatures, transporting cash, and authorizing more personnel for cash operations.
It expands the range of clients and allows more flexible provision of cash services.
As well as introduces updated procedures for signature verification, cash transportation, and broadens the list of authorized personnel for cash operations.
Effectiveness
Comments and feedback are expected by May 13, 2026.
Oct. 2026 Ord Issued
On Oct. 12, 2026, RUS CB issued Ord 7383-U amending ord 6222-U.
Credit institutions must now submit cash deposit/withdrawal requests as electronic messages through the RUS CB payment system, with a paper form as a fallback during outages.
The ord also extends the rules to branches of foreign banks, adds electronic signatures for requests, and requires a clean supervisory record for certain cash services.
The ord takes effect on Oct. 23, 2026 (10 days after the day of its official publication).
Regulators
RUS CB
Entity Types
Bank; Corp
Reference
PR 10/12/2026; Ord 7383-U, 6/25/2026; CP, 4/30/2026
