GroundRules
31 CFR 566.316: Payable-through account.
Where this section sits in the code
- Title 31—Money and Finance: Treasury
- Subtitle B—Regulations Relating to Money and Finance
- CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
- PART 566—HIZBALLAH FINANCIAL SANCTIONS REGULATIONS
- Subpart C—General Definitions
The term payable-through account means an account, including a transaction account as defined in § 566.317, opened at a depository institution by a foreign financial institution by means of which the foreign financial institution permits its customers to engage, either directly or through a subaccount, in banking activities usual in connection with the business of banking in the United States.
Collected 2026-08-27T02:25:25Z. Source file · JSON