31 C.F.R. § 206.5 Collection and deposit procedure exceptions.
Title 31 - Money and Finance: Treasury
(a) The following collection and deposit timeframe requirements are to be followed in exception cases where EFT mechanisms are not utilized: (1) An agency will achieve same-day deposit of monies. Where same day deposit is not cost-effective or is impracticable, next day deposit of monies must be achieved except in those cases covered by I TFM 6–8000. (2) Deposits will be made at a time of the day prior to the depositary's specified cutoff time, but as late as possible in order to maximize daily deposit amounts. (3) When cost-beneficial to the Government, an agency may make multiple deposits. (b) Any additional exceptions to the above policies are listed in I TFM 6–8000.
Title 31: Money and Finance: Treasury
PART 206—MANAGEMENT OF FEDERAL AGENCY RECEIPTS, DISBURSEMENTS, AND OPERATION OF THE CASH MANAGEMENT IMPROVEMENTS FUND
§ 206.5 Collection and deposit procedure exceptions.
