12 CFR 206.6 : Banks And Banking (§ 1.1 To Parts 1816-1899) — (Part 200 To § 219.24) — Federal Reserve System (Part 200 To § 219.24) — Board Of Governors Of The Federal Reserve System (Part 200 To § 219.24) — Limitations On Interbank Liabilities (Regulation F) (§ 206.1 To § 206.6) — Waiver.

The Board may waive the application of § 206.4(a) of this part to a bank if the primary Federal supervisor of the bank advises the Board that the bank is not reasonably able to obtain necessary services, including payment-related services and placement of funds, without incurring exposure to a correspondent in excess of the otherwise applicable limit.