31 CFR 208.8 - Recipient responsibilities.

Regulations last checked for updates: May 05, 2024

Title 31 - Money and Finance: Treasury last revised: Apr 17, 2024

View all text of Part 208 [§ 208.1 - § 208.11]

§ 208.8 - Recipient responsibilities.

Each recipient who is required to receive payment by electronic funds transfer shall provide the information necessary to effect payment by electronic funds transfer. For recipients who do not designate a bank account for the receipt of payments, Treasury may disburse payments to a Treasury-sponsored account or to an account to which the recipient is receiving other Federal payments.

authority: 5 U.S.C. 301; 12 U.S.C. 90,265,266,1767,1789a; 31 U.S.C. 321,3122,3301,3302,3303,3321,3325,3327,3328,3332,3335,3336,6503

source: 85 FR 25291, May 1, 2020, unless otherwise noted.

cite as: 31 CFR 208.8