{"data":{"id":"us-de/6-del.-c.-4a-105","jurisdiction":"us-de","citation":"6 Del. C. § 4A-105","heading":"Other definitions.","body":"(a) In this Article:\n(1) “Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account.\n(2) “Bank” means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company. A branch or separate office of a bank is a separate bank for purposes of this Article.\n(3) “Customer” means a person, including a bank, having an account with a bank or from whom a bank has agreed to receive payment orders.\n(4) “Funds-transfer business day” of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing, and transmittal of payment orders and cancellations and amendments of payment orders.\n(5) “Funds-transfer system” means a wire transfer network, automated clearing house, or other communication system of a clearing house or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.\n(6) [Reserved.]\n(7) “Prove” with respect to a fact means to meet the burden of establishing the fact (Section 1-201(b)(8)).\n(b) Other definitions applying to this Article and the sections in which they appear are:\n“Acceptance” ________________Section 4A-209\n“Beneficiary” ________________Section 4A-103\n“Beneficiary’s bank” ________________Section 4A-103\n“Executed” ________________Section 4A-301\n“Execution date” ________________Section 4A-301\n“Funds transfer” ________________Section 4A-104\n“Funds-transfer system rule” ________________Section 4A-501\n“Intermediary bank” ________________Section 4A-104\n“Originator” ________________Section 4A-104\n“Originator’s bank” ________________Section 4A-104\n“Payment by beneficiary’s bank to beneficiary” ________________Section 4A-405\n“Payment by originator to beneficiary” ________________Section 4A-406\n“Payment by sender to receiving bank” ________________Section 4A-403\n“Payment date” ________________Section 4A-401\n“Payment order” ________________Section 4A-103\n“Receiving bank” ________________Section 4A-103\n“Security procedure” ________________Section 4A-201\n“Sender” ________________Section 4A-103\n(c) The following definitions in Article 4 apply to this Article:\n“Clearing house” ________________Section 4-104\n“Item” ________________Section 4-104\n“Suspends payments” ________________Section 4-104\n(d) In addition Article 1 contains general definitions and principles of construction and interpretation applicable throughout this Article.","path":["Title 6. Commerce and Trade","SUBTITLE I","Uniform Commercial Code","ARTICLE 4A. Funds Transfers","Part 1","Subject Matter and Definitions"],"source_url":"https://delcode.delaware.gov/title6/c004a/sc01/index.html#4A-105","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:06Z","sha256":"2e5482365a5dc363eebadf24990f116f94100a1a9ee2c900c0ea9ab89c8d47ea","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-4a-104","next":"us-de/6-del.-c.-4a-106"},"notice":"GroundRules: Original legal text. Not legal advice."}
