[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR596.311]



[Page 478]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 596_TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS--Table of 

Contents

 

                      Subpart C_General Definitions

 

Sec. 596.311  Transaction.



    The term transaction shall have the meaning set forth in 18 U.S.C. 

1956(c)(3), as from time to time amended. As of the effective date, this 

term includes a purchase, sale, loan, pledge, gift, transfer, delivery, 

or other disposition, and with respect to a financial institution 

includes a deposit, withdrawal, transfer between accounts, exchange of 

currency, loan, extension of credit, purchase or sale of any stock, 

bond, certificate of deposit, or other monetary instrument, use of a 

safe deposit box, or any other payment, transfer, or delivery by, 

through, or to a financial institution, by whatever means effected.