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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 31 - Money and Finance: Treasury |
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Subtitle B - Regulations Relating to Money and Finance |
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Chapter II - Fiscal Service, Department of the Treasury |
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SubChapter A - Bureau of the Fiscal Service |
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Part 359 - Offering of United States Savings Bonds, Series I |
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Subpart C - Book-Entry Series I Savings Bonds |
§ 359.48 - How are redemption payments made for my redeemed book-entry Series I savings bonds?
Latest version.
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§ 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]