13 Pennsylvania Consolidated Statutes Chapter 4a4 - Payment

• Chapter Notes
• Section 4a401 - Payment Date
  "Payment date" of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary's...
• Section 4a402 - Obligation Of Sender To Pay Receiving Bank
  (a) Scope of section.--This section is subject to sections 4A205 (relating to erroneous payment orders) and 4A207 (relating to misdescription of beneficiary). (b) Payment...
• Section 4a403 - Payment By Sender To Receiving Bank
  (a) When payment occurs.--Payment of the sender's obligation under section 4A402 (relating to obligation of sender to pay receiving bank) to pay the receiving...
• Section 4a404 - Obligation Of Beneficiary's Bank To Pay And Give Notice To Beneficiary
  § 4A404. Obligation of beneficiary's bank to pay and give notice to beneficiary. (a) Obligation.--Subject to sections 4A211(e) (relating to cancellation and amendment of...
• Section 4a405 - Payment By Beneficiary's Bank To Beneficiary
  (a) Beneficiary's bank credits an account of beneficiary; when payment occurs.--If the beneficiary's bank credits an account of the beneficiary of a payment order,...
• Section 4a406 - Payment By Originator To Beneficiary; Discharge Of Underlying Obligation
  § 4A406. Payment by originator to beneficiary; discharge of underlying obligation. (a) Payment.--Subject to sections 4A211(e) (relating to cancellation and amendment of payment order)...

Last modified: October 8, 2016