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The Secretary of the Treasury shall pay interest due or accrued on the public debt. As the Secretary considers expedient, the Secretary may pay in advance interest on the public debt by a period of not more than one year, with or without a rebate of interest on the coupons.
(c) Regulations regarding transfers to certain nations If the Bureau determines that a recipient nation does not legally allow, or the method by which transactions are made in the recipient country do not allow, a remittance transfer provider to know the amount of currency that will be received by the designated recipient, the Bureau may ...
Federal law defines remittance transfers to include most electronic money transfers sent by consumers in the United States through “remittance transfer providers” to recipients in other countries.
The machine-readable remittance coupon uses optical character recognition (OCR) technology. Remittance data is captured and transmitted to the agency daily. US Bank will image the front and back of processed checks, and image the front and back of any associated remittance documents.
(a) The faith of the United States Government is pledged to pay, in legal tender, principal and interest on the obligations of the Government issued under this chapter. (b) The Secretary of the Treasury shall pay interest due or accrued on the public debt.
(2) Relief for interest coupons claimed to have been attached to an obligation may be provided only if the Secretary is satisfied that the cou-pons have not been paid and are destroyed or will not become the basis of a valid claim against the Government. (Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 946.) HISTORICAL AND REVISION NOTES Revised
As the Secretary considers expedient, the Secretary may pay in advance interest on the public debt by a period of not more than one year, with or without a rebate of interest on the coupons.
Guide to how the Bureau will supervise and examine entities under its jurisdiction for compliance with Federal consumer financial law. Statement regarding supervisory and enforcement practices in light of the COV1D-19 pandemic. See the remittance transfer rule examination procedures.
Searchable text of the 31 USC 3123 - Payment of obligations and interest on the public debt (US Code), including Notes, Amendments, and Table of Authorities.
In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) expanded the scope of the Electronic Fund Transfer Act’s (EFTA) requirements for certain international fund transfers. These transactions are referred to as “remittance transfers” in EFTA.