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Prohibition Against Paying Interest on Demand Deposits
Summary
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 Regulation
Q prohibits
member banks from paying interest on demand deposits
12 CFR
Part 329 is the FDIC regulation prohibiting, with certain exceptions, the
payment of interest on demand deposits
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Rules
SEC_CODE_REF_0090001192884
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 12 CFR Part 217 Regulation Q
Prohibition Against Paying Interest on Demand
Deposits
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217.1
Authority, purpose, and scope
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217.2
Definitions
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217.3
Interest on demand deposits
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217.101 Premiums on deposits
12
CFR Part 329 Interest on Deposits
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329.0 Scope
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329.1 Definitions
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329.2 Payment of interest
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329.3 Exception to prohibition on payment of interest
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329.101 Transfers not included within the six
transfers
allowed for nondemand deposits pursuant to
329.1(b)(3)
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329.102 Deposits described in 329.1(b)(3)
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329.103 Premiums
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329.104 Ten-day grace period
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