1. Regulations
  2. title 31
  3. chapter II
  4. part 359
  5. subpart C
  6. § 359.48

View all text of Subpart C [§ 359.45 - § 359.64]

§ 359.48 - How are redemption payments made for my redeemed book-entry Series I savings bonds?

We will make payments electronically by direct deposit, using the ACH method, to your designated account at a United States depository financial institution. You may also direct that a payment be used to purchase a certificate of indebtedness to be held in your New Treasury Direct account.

[69 FR 50308, Aug. 16, 2004]

AUTHORITY: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3105.

SOURCE: 67 FR 64278, Oct. 17, 2002, unless otherwise noted.

CITE AS: 31 CFR 359.48