12 CFR §233.3
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The following payment systems could be used by participants in connection with, or to facilitate, a restricted transaction:
- (a)Automated clearing house systems;
- (b)Card systems;
- (c)Check collection systems;
- (d)Money transmitting businesses solely to the extent they
- (1)Engage in the transmission of funds, which does not include check cashing, currency exchange, or the issuance or redemption of money orders, travelers' checks, and other similar instruments; and
- (2)Permit customers to initiate transmission of funds transactions remotely from a location other than a physical office of the money transmitting business; and
- (e)Wire transfer systems.