Is the bank required to send a customer a written notice of a money transfer transaction other than one received via ACH?
There are requirements in section 4A-404 of the Uniform Commercial Code (UCC) that require that a beneficiary's bank (the bank that ultimately receives a wire transfer of funds) must provide a notice by midnight of the business day following the date the transfer is received and posted to the beneficiary's account, if the wire instructions called for the funds to be credited to the account. If the transfer instructions don't include an order to credit the funds to the beneficiary's account (for example, if the sender doesn't know if the the beneficiary has an account at the beneficiary's bank or if the transfer is to be paid "upon proper identification" directly to the beneficiary), a notice to the beneficiary is required only if the instructions call for one.
There is no requirement that the notice be written. It could be telephoned to the beneficiary or send by email or fax. The requirement for notice can be waived by the beneficiary or by rule of the funds transfer system, if the beneficiary receives advance notice of the rule.
The provisions of the UCC vary among the states. Check the version of UCC Article 4A in effect in the state where the beneficiary's bank is located.
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There are requirements in section 4A-404 of the 