Wisconsin § 410.206 Transmission of payment order through funds-transfer or other communication system.

Wisconsin Statutes

§ 410.206 — Transmission of payment order through funds-transfer or other communication system.

Wisconsin § 410.206

Ch. 410Uniform commercial code — funds transfers

Subch.subch. II of ch. 410 SUBCHAPTER II

ISSUE AND ACCEPTANCE OF PAYMENT ORDER

This text of Wisconsin § 410.206 (Transmission of payment order through funds-transfer or other communication system.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 410.206 (2026).

Text

206
206(1) (1) If a payment order addressed to a receiving bank is transmitted to a funds-transfer system or other 3rd-party communication system for transmittal to the bank, the system is considered to be an agent of the sender for the purpose of transmitting the payment order to the bank. If there is a discrepancy between the terms of the payment order transmitted to the system and the terms of the payment order transmitted by the system to the bank, the terms of the payment order of the sender are those transmitted by the system. This section does not apply to a funds-transfer system of the federal reserve banks.
206(2) (2) This section applies to cancellations and amendments of payment orders to the same extent that it applies to payment orders.

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410.206
410.206(1) (1) If a payment order addressed to a receiving bank is transmitted to a funds-transfer system or other 3rd-party communication system for transmittal to the bank, the system is considered to be an agent of the sender for the purpose of transmitting the payment order to the bank. If there is a discrepancy between the terms of the payment order transmitted to the system and the terms of the payment order transmitted by the system to the bank, the terms of the payment order of the sender are those transmitted by the system. This section does not apply to a funds-transfer system of the federal reserve banks.
410.206(2) (2) This section applies to cancellations and amendments of payment orders to the same extent that it applies to payment orders.