25 CFR 115.817 - How does OTFM disburse money to a tribe?

Code of Federal Regulations - Title 25: Indians

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Title 25: Indians

CHAPTER I: BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR

SUBCHAPTER G: FINANCIAL ACTIVITIES

PART 115: TRUST FUNDS FOR TRIBES AND INDIVIDUAL INDIANS

Subpart G: Tribal Accounts

: Withdrawing Tribal Trust Funds

115.817 - How does OTFM disburse money to a tribe

Upon receipt of all necessary documentation, OTFM will process the request for disbursement and send the tribe the requested amount of trust funds within one business day. Whenever possible, trust funds will be disbursed electronically to an account in a financial institution designated by the tribe. If there are circumstances that preclude electronic payments, OTFM will mail a check.

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