41 CFR § 102-118.75
What if my agency or the TSP does not have an account with a financial institution or approved payment agent?
August 7, 2025
§ 102-118.75 What if my agency or the TSP does not have an account with a financial institution or approved payment agent?
Under 31 U.S.C. 3332, et seq., your agency must obtain an account with a financial institution or approved payment agent in order to meet the statutory requirements to make all Federal payments via EFT unless your agency receives a waiver from the Department of the Treasury. To obtain a waiver, your agency must contact the Secretary of the Treasury. For information visit: https://www.fiscal.treasury.gov/
[89 FR 93196, Nov. 26, 2024]