Sec. 219.22 Definitions.

The following terms are defined in 31 CFR 1010.100 under the joint authority of the Board and the Treasury:

Accept.

Beneficiary.

Beneficiary's bank.

Established customer.

Execution date.

Funds transfer.

Intermediary bank.

Intermediary financial institution.

Originator.

Originator's bank.

Payment date.

Payment order.

Receiving bank.

Receiving financial institution.

Recipient.

Recipient's financial institution.

Sender.

Transmittal of funds.

Transmittal order.

Transmittor.

Transmittor's financial institution.