12 C.F.R. · Banks and Banking
12 C.F.R. § 7.5001

Electronic activities that are incidental to the business of banking.

Title 12 C.F.R. ● ACTIVE Primary Source
Regulatory Text

12 C.F.R. § 7.5001 — Electronic activities that are incidental to the business of banking.

§ 7.5001 Electronic activities that are incidental to the business of banking. In addition to the electronic activities specifically permitted in § 7.5004 (sale of excess electronic capacity and by-products) and § 7.5006 (incidental non-financial data processing), the OCC has determined that the following electronic activities are incidental to the business of banking, pursuant to § 7.1000. This list of activities is illustrative and not exclusive; the OCC may determine that other activities are permissible pursuant to this authority. (a) Website development where incidental to other banking services; (b) Internet access and email provided on a non-profit basis as a promotional activity; (c) Advisory and consulting services on electronic activities where the services are incidental to customer use of electronic banking services; and (d) Sale of equipment that is convenient or useful to customer's use of related electronic banking services, such as specialized terminals for scanning checks that will be deposited electronically by wholesale customers of banks under the Check Clearing for the 21st Century Act, Public Law 108–100 (12 U.S.C. 5001–5018) (the Check 21 Act). [85 FR 83737, Dec. 22, 2020]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-CFR12-SEC-317467
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
12 C.F.R. § 7.5001
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
1c2f2b97fea9bbaf...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 12 C.F.R. § 7.5001 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
Navigate Corpus — Title 12 C.F.R.
◈ Provenance
boisestandard.org United States Law CFR Title 12 12 C.F.R. § 7.5001