Wire transfers of funds
, 9-810 et seq.
See
also Electronic funds transfers.
Automated clearinghouses—See Automated clearinghouses.
Availability of funds—See Availability of funds.
Banker's banks,
daylight overdrafts,
9-1021CHIPS (Clearing House Interbank Payments System)—See Automated clearinghouses.
Daylight overdrafts, large-dollar systems,
9-1012 et seq.
See also Overdrafts.
Federal
Reserve Bank services
See also
this heading generally.
FedNow transfers,
9-829 et seq.
Authorized account, definition,
9-903Beneficiary
Misdescription
of,
9-917 et seq.
Beneficiary's account,
definition,
9-829.1Beneficiary's
bank
Payment by, to beneficiary,
9-945 et seq.
Unauthorized payment order,
9-913Customer, definition,
9-903Expedited Funds Availability Act, also governed by,
9-829.4;
9-884Funds transfer,
definition,
9-902Funds-transfer
business day, definition,
9-903Funds-transfer system
Agent of sender,
as,
9-916Funds-transfer system
rule
Law, governing; choice of,
9-960Regulation J not considered,
9-829Good faith, definition,
9-903Interdistrict transfer
Intermediary bank, selection
of,
9-885.1Intermediary bank
Law, applicable,
9-959 et seq.
See also Expedited Funds Availability Act, this subheading.
Liability
Net debit caps—See Net debit caps, this heading.
Operating circulars governing handling
of,
9-829;
9-906Originator
Originator's bank, definition,
9-902Payment date, definition,
9-939Payment orders
Authorized and verified,
9-909Erroneously executed,
9-934 et seq.
Execution of,
9-930 et seq.
Objection to payment,
9-957Order in which charged,
9-956Unauthorized, duty of
customer to report,
9-913Verified but unenforceable,
9-912Receiving bank
Duties
and obligations of,
9-929 et seq.
Federal Reserve Bank of, definition,
9-829.1Settlement account of, definition,
9-829.1Regulations, Federal Reserve Board,
9-906Sender
Federal
Reserve Bank of, definition,
9-829.1Payment by, to receiving bank,
9-940 et seq.
Settlement account of, definition,
9-829.1Fedwire transfers,
9-810 et
seq.
Agreement corporation, parent funding over
Fedwire,
9-1020Authorized account, definition,
9-903Automated clearinghouse transfer,
definition,
9-814Beneficiary
Misdescription
of,
9-917 et seq.
Beneficiary's account,
definition,
9-816Beneficiary's
bank
Payment by, to beneficiary,
9-945 et seq.
Unauthorized payment order,
9-913Customer, definition,
9-903Daylight overdrafts
on,
9-1012 et seq.
Monitoring
by Reserve Banks,
9-1025 et seq.
Edge corporation, parent funding
over Fedwire,
9-1020Electronic
Fund Transfer Act, exemption for transfers governed by,
9-811;
9-851;
9-907Expedited Funds Availability Act, preemption by,
9-811;
9-851Funds transfer,
definition,
9-902Funds-transfer
business day, definition,
9-903Funds-transfer system
Agent of sender,
as,
9-916Funds-transfer system
rule
Law, governing; choice of,
9-960Regulation J not considered,
9-810Good faith, definition,
9-903Interdistrict transfer
Intermediary bank, selection
of,
9-868Intermediary bank
Intradistrict transfer, definition,
9-816Law, applicable,
9-959 et seq.
See also Electronic Fund Transfer Act and Expedited
Funds Availability Act, this subheading.
Liability
Net debit caps—See Net debit caps, this heading.
Off-line bank
Operating circulars governing handling
of,
9-812;
9-906Originator
Originator's bank, definition,
9-902Payment date, definition,
9-939Payment orders
Authorized and verified,
9-909Erroneously executed,
9-934 et seq.
Execution of,
9-930 et seq.
Objection to payment,
9-957Order in which charged,
9-956Unauthorized, duty of
customer to report,
9-913Verified but unenforceable,
9-912Receiving bank
Account of, definition,
9-816Duties
and obligations of,
9-929 et seq.
Federal Reserve Bank of, definition,
9-816Regulations, Federal Reserve Board,
9-906Sender
Account of, definition,
9-816Federal
Reserve Bank of, definition,
9-816Payment by, to receiving bank,
9-940 et seq.
Funds-transfer system rule, definition,
9-952Government-sponsored
enterprises, daylight overdrafts,
9-1023International organizations,
9-1023Large-dollar systems, risk reduction,
9-1012 et seq.
Net debit caps,
9-1015 et seq.
Monitoring
by Reserve Banks,
9-1025 et seq.
Net settlements
Clearing organizations,
between,
9-1509 et seq.
Financial institutions
Definition
of, netting eligibility
9-1475 et seq.
Private systems
Multilateral
netting systems,
9-1001 et seq.
Lamfalussy minimum standards,
9-1002Securities systems, delivery-against-payment,
9-1001Recordkeeping and
reporting requirements, regulatory authority,
3-1209.2 et seq.;
3-1215Retail systems, network and switch services,
9-1040 et seq.
Risk reduction,
9-1012 et seq.
See also this heading generally.
Securities
systems, private delivery-against-payment,
9-1001Securities transactions, book-entry; transfer-size
limit,
9-1028Sender net
debit caps—See Net debit caps, this heading.
Switch services,
retail EFT systems; risk reduction,
9-1040 et
seq.
