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Regulation On Accepting & Cashing A Savings Bond

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Question: 
Is there a regulation that states that a bank must accept and cash a Savings Bond?
Answer: 

No, but if your bank is a paying agent for bonds, it should follow the requirements set out in the Savings Bond Resource Guide, available for download, or the Guide to Cashing Savings Bonds.

First published on 10/27/2014

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