Issue and Acceptance of Payment Order.

  1. Law
  2. Code of Alabama
  3. Commercial Code.
  4. Funds Transfers.
  5. Issue and Acceptance of Payment Order.

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Section
7-4A-201

Security Procedure.

Section
7-4A-202

Authorized and Verified Payment Orders.

Section
7-4A-203

Unenforceability of Certain Verified Payment Orders.

Section
7-4A-204

Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order.

Section
7-4A-205

Erroneous Payment Orders.

Section
7-4A-206

Transmission of Payment Order Through Funds-Transfer or Other Communication System.

Section
7-4A-207

Misdescription of Beneficiary.

Section
7-4A-208

Misdescription of Intermediary Bank or Beneficiary's Bank.

Section
7-4A-209

Acceptance of Payment Order.

Section
7-4A-210

Rejection of Payment Order.

Section
7-4A-211

Cancellation and Amendment of Payment Order.

Section
7-4A-212

Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order.