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  • Title 8.4A: Commercial Code — Funds Transfers
  • Part 4: Payment

Payment

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Part 4 of the Code of Virginia, titled “Payment.” It is part of Title 8.4A “Commercial Code — Funds Transfers”.

It’s comprised of the following 6 sections.

§ 8.4A-401 Payment date
§ 8.4A-402 Obligation of sender to pay receiving bank
§ 8.4A-403 Payment by sender to receiving bank
§ 8.4A-404 Obligation of beneficiary's bank to pay and give notice to beneficiary
§ 8.4A-405 Payment by beneficiary's bank to beneficiary
§ 8.4A-406 Payment by originator to beneficiary; discharge of underlying obligation

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