Article 864: acceptance by the bank of a payment order

1. The content and form of the payment order(s) must comply with the requirements laid down in the law and the banking regulations. I am required to verify the payer ' s right to dispose of the funds, to verify that the payment order is in conformity with the requirements, and that the money is sufficient to perform the payments. In the absence of a basis for the execution of a payment order, it is not necessary to carry out other procedures for the execution of the order, as provided for by law, banking regulations and the contract. The bank shall refuse to accept such payment order, with notice to the payer no later than the day following the date on which the payment order is received, if shorter with 3. The adequacy of the money in the payer ' s bank account for the execution of a payment order is determined in order, out of date. by law, by bank rules and by contract, taking into account the requirements of article 855 of the present Code, unless otherwise provided for by law, by bank rules and by contract, in the event of a lack of money in the payer ' s bank account, the bank does not accept a payment order for payment to be executed and notifies the payer within one day of the payment order. 4. The receipt of a payment order shall be confirmed by the bank in the manner prescribed by law, bank rules and contract. A letter of credit may be withdrawn by the payer before the time the transfer of funds determined in accordance with the law becomes irrevocable.