12 CFR § 48.8 - Capital requirements.

---
identifier: "/us/cfr/t12/s48.8"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 48.8 - Capital requirements."
title_number: 12
title_name: "Banks and Banking"
section_number: "48.8"
section_name: "Capital requirements."
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "48"
part_name: "RETAIL FOREIGN EXCHANGE TRANSACTIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 27  12 U.S.C. 1  24, 93a, 161, 1461  1462a, 1463, 1464, 1813(q), 1818, 1831o, 3101  3102, 3106a, 3108, and 5412."
regulatory_source: "76 FR 41384, July 14, 2011, unless otherwise noted."
cfr_part: "48"
---


# 48.8 Capital requirements.

A national bank offering or entering into retail forex transactions must be well capitalized as defined by 12 CFR part 6.