Payment to Financial Institutions for Credit to Accounts of Employees and Beneficiaries
other · Fiscal Service · Rule · Published 1996-12-27 · Effective 1997-01-27 · 61 FR 68155
Document
Document number
96-32781
Federal Register citation
61 FR 68155
CFR reference
31 CFR 209
Type
Rule
Action
Final rule.
Category
other
Sub-agency
Fiscal Service
Publication date
1996-12-27
Effective date
1997-01-27
Abstract
The Financial Management Service is removing this Part from Title 31 of the Code of Federal Regulations. This Part governs the remittance to financial institutions of checks representing wage, salary, annuity and allotment payments to be credited to the accounts of Federal employees and beneficiaries. Such disbursements are no longer made by check. These payments now are made by electronic funds transfer through the Automated Clearing House and, are governed by 31 CFR Part 210. Therefore, Part 209 is no longer necessary.