31 CFR 359.48
§ 359.48 How are redemption payments made for my redeemed book-entry Series I savings bonds?
United States · 31 CFR — Money and Finance: Treasury · Status: effective
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- Citation
- 31 CFR 359.48, § 359.48 How are redemption payments made for my redeemed book-entry Series I savings bonds?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/140396
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.