Advance payment mechanisms include, but are not limited to, Letter of Credit, Treasury check and electronic funds transfer and must comply with applicable guidance in 31 CFR part 205.
authority: Sec. 621, Public L. 87-195, 75 Stat 445, (
22 U.S.C. 2381) as amended, E.O. 12163, Sept 29, 1979, 44 FR 56673;
2 CFR 1979 Comp., p. 435
source: 80 FR 55722, Sept. 17, 2015, unless otherwise noted.
cite as: 2 CFR 700.7