Okla. Stat. tit. 12A, § 12A-4A-104
This is the official text of Okla. Stat. tit. 12A, § 12A-4A-104, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Funds transfer - Definitions
Official statutory text
FUNDS TRANSFER - DEFINITIONS
In this Article:
(a) "Funds transfer" means the series of transactions,
beginning with the originator's payment order, made for the purpose
of making payment to the beneficiary of the order. The term
includes any payment order issued by the originator's bank or an
intermediary bank intended to carry out the originator's payment
order. A fund transfer is completed by acceptance by the
beneficiary's bank of a payment order for the benefit of the
beneficiary of the originator's payment order.
(b) "Intermediary bank" means a receiving bank other than the
originator's bank or the beneficiary's bank.
(c) "Originator" means the sender of the first payment order in
a funds transfer.
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 355
(d) "Originator's bank" means (i) the receiving bank to which
the payment order of the originator is issued if the originator is
not a bank, or (ii) the originator if the originator is a bank.
In this Article:
(a) "Funds transfer" means the series of transactions,
beginning with the originator's payment order, made for the purpose
of making payment to the beneficiary of the order. The term
includes any payment order issued by the originator's bank or an
intermediary bank intended to carry out the originator's payment
order. A fund transfer is completed by acceptance by the
beneficiary's bank of a payment order for the benefit of the
beneficiary of the originator's payment order.
(b) "Intermediary bank" means a receiving bank other than the
originator's bank or the beneficiary's bank.
(c) "Originator" means the sender of the first payment order in
a funds transfer.
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 355
(d) "Originator's bank" means (i) the receiving bank to which
the payment order of the originator is issued if the originator is
not a bank, or (ii) the originator if the originator is a bank.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.