Issue and Acceptance of Payment Order | Midpage

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New York Consolidated Laws

Uniform Commercial Code

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Issue and Acceptance of Payment Order

4-A-201Security Procedure 4-A-202Authorized and Verified Payment Orders 4-A-203Unenforceability of Certain Verified Payment Orders 4-A-204Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order 4-A-205Erroneous Payment Orders 4-A-206Transmission of Payment Order Through Funds-Transfer or Other Communication System 4-A-207Misdescription of Beneficiary 4-A-208Misdescription of Intermediary Bank or Beneficiary's Bank 4-A-209Acceptance of Payment Order 4-A-210Rejection of Payment Order 4-A-211Cancellation and Amendment of Payment Order 4-A-212Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order