Transfer Between Banks

Ala. Code § 7-4-206, under Collection of Items: Depositary and Collecting Banks.

Ala. Code § 7-4-206

Any agreed method that identifies the transferor bank is sufficient for the item’s further transfer to another bank. (Acts 1965, No. 549, p. 811; repealed by Acts 1995, No. 95-668, p. 1381, §2; added by Acts 1995, No. 95-668, p. 1381, §2.)