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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 12A, § 12A-4A-206: Transmission of payment order through funds-transfer

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  1. OK Code
  2. Title 12A

or other communication system.

TRANSMISSION OF PAYMENT ORDER THROUGH FUNDS-TRANSFER OR OTHER

COMMUNICATION SYSTEM

(a) If a payment order addressed to a receiving bank is

transmitted to a funds-transfer system or other third-party

communication system for transmittal to the bank, the system is

deemed to be an agent of the sender for the purpose of transmitting

the payment order to the bank. If there is a discrepancy between

the terms of the payment order transmitted to the system and the

terms of the payment order transmitted by the system to the bank,

the terms of the payment order of the sender are those transmitted

by the system. This section does not apply to a funds-transfer

system of the Federal Reserve Banks.

(b) This section applies to cancellations and amendments of

payment orders to the same extent it applies to payment orders.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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