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PART III EXECUTION OF SENDER’S PAYMENT ORDER BY RECEIVING BANK(ss. 670.301-670.305)

• 670.301 Execution and execution date.
• 670.302 Obligations of receiving bank in execution of payment order.
• 670.303 Erroneous execution of payment order.
• 670.304 Duty of sender to report erroneously executed payment order.
• 670.305 Liability for late or improper execution or failure to execute payment order.