Okla. Stat. tit. 12A, § 12A-4A-212: Liability and duty of receiving bank regarding

unaccepted payment.

LIABILITY AND DUTY OF RECEIVING BANK REGARDING UNACCEPTED

PAYMENT ORDER

If a receiving bank fails to accept a payment order that it is

obliged by express agreement to accept, the bank is liable for

breach of the agreement to the extent provided in the agreement or

in this Article, but does not otherwise have any duty to accept a

payment order or, before acceptance, to take any action, or refrain

from taking action, with respect to the order except as provided in

this Article or by express agreement. Liability based on acceptance

arises only when acceptance occurs as stated in Section 17 of this

act, and liability is limited to that provided in this Article. A

receiving bank is not the agent of the sender or beneficiary of the

payment order it accepts, or of any other party to the funds

transfer, and the bank owes no duty to any party to the funds

transfer except as provided in this Article or by express agreement.