I've been reading Section 1005.36 "Transfers scheduled before the date of transfer" to come up with a procedure to be used for a one-time transfer scheduled in advance of the date of transfer. Throughout this section I find references to a one-time transfer being five or more business days before the date of transfer in sections (a)(1) and (b)(1), among others.

I also find references to a remittance transfer scheduled at least three business days before the date of transfer in the (c) Cancellation section here and also in Section 1005.31 "Disclosures" referencing info to be contained on the Receipt related to the Transfer Date, among others.

Does the difference between the two (3 days vs 5 days) relate to a one-time transfer vs a remittance transfer scheduled in advance (meaning a preauthorized transfer only)? That's the only difference I can see.

Thanks in advance..

You nailed it.

Thank you, thank you, thank you!!!

Does the rule apply to existing recurring preauthorized wire transfers already scheduled? The request was made a long time ago. Do we provide it before the next scheduled transfer as per section 1005.36?

thanks,