What does Title 31 CFR Part 210 govern?

Title 31 CFR Part 210 specifically governs the Federal government payments made via the ACH (Automated Clearing House) Network. This regulation outlines the procedures and requirements for disbursing federal payments electronically, emphasizing the need for efficiency and security in processing payments through the ACH system. It establishes the framework for various types of payments, including benefits, salaries, and other federal disbursements that are processed electronically, making it crucial for ensuring that federal funds are handled correctly and timely.

Understanding this regulation is important for professionals in the payments risk field, as it directly relates to the standards and controls necessary to manage the risks associated with electronic payments made by the federal government. This includes ensuring compliance with federal regulations and maintaining the integrity and reliability of payment systems.

The other options, while related to financial regulation, do not accurately capture the specific focus of Title 31 CFR Part 210, which is singularly directed toward ACH payments from the federal government.