31 CFR § 321.14 Payments by Banks and Other Financial Institutions of Definitive United States Savings Bonds and United States Savings Notes (Freedom Shares)

§ 321.14 Transmittal to and settlement with a Federal Reserve Processing Site.

Current through Oct 6, 2026 · Read all of Part 321

Except for eligible securities redeemed on exchange pursuant to § 321.8, a paying agent shall transmit for payment all redeemed securities to a Federal Reserve Processing Site in accordance with the Federal Reserve Operating Circular.

[77 FR 16167, Mar. 20, 2012]

← § 321.13 Cancellation of redeemed securities.§ 321.15 Liability for losses. →