When does a transaction request become effective?

  1. Law
  2. CFR 31
  3. Money and Finance: Treasury
  4. Regulations Relating to Money and Finance
  5. Fiscal Service, Department of the Treasury
  6. Bureau of the Fiscal Service
  7. Electronic Transactions and Funds Transfers Relating to United States Securities
  8. Electronic Submission of Transaction Requests Through the Bureau of the Fiscal Service
  9. When does a transaction request become effective?

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§ 370.36 When does a transaction request become effective?

Except for auction bids of U.S. securities or unless otherwise agreed, a transaction request becomes effective at the moment we send a confirmation message. In no instance does a transaction request become effective before we actually receive the request.


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