Issue and Acceptance of Payment Order | Midpage

Collections
Delaware Code

2

Issue and Acceptance of Payment Order

4A-201Security procedure 4A-202Authorized and verified payment orders 4A-203Unenforceability of certain verified payment orders 4A-204Refund of payment and duty of customer to report with respect to unauthorized payment order 4A-205Erroneous payment orders 4A-206Transmission of payment order through funds-transfer or other communication system 4A-207Misdescription of beneficiary 4A-208Misdescription of intermediary bank or beneficiary’s bank 4A-209Acceptance of payment order 4A-210Rejection of payment order 4A-211Cancellation and amendment of payment order 4A-212Liability and duty of receiving bank regarding unaccepted payment order