{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/8.4A-211.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/8.4A-211.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/8.4A-211.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/8.4A-211.html"}],"law_id":85898,"edition_id":1,"section_id":85898,"structure_id":14106,"section_number":"8.4A-211","catch_line":"Cancellation and amendment of payment order","history":"1990, c. 9; 2024, c. 652.","full_text":"a\n\nA communication of the sender of a payment order cancelling or amending the order may be transmitted to the receiving bank orally or in a record. If a security procedure is in effect between the sender and the receiving bank, the communication is not effective to cancel or amend the order unless the communication is verified pursuant to the security procedure or the bank agrees to the cancellation or amendment.b\n\nSubject to subsection (a) of this section, a communication by the sender cancelling or amending a payment order is effective to cancel or amend the order if notice of the communication is received at a time and in a manner affording the receiving bank a reasonable opportunity to act on the communication before the bank accepts the payment order.c\n\nAfter a payment order has been accepted, cancellation or amendment of the order is not effective unless the receiving bank agrees or a funds-transfer system rule allows cancellation or amendment without agreement of the bank.1\n\nWith respect to a payment order accepted by a receiving bank other than the beneficiary’s bank, cancellation or amendment is not effective unless a conforming cancellation or amendment of the payment order issued by the receiving bank is also made.2\n\nWith respect to a payment order accepted by the beneficiary’s bank, cancellation or amendment is not effective unless the order was issued in execution of an unauthorized payment order, or because of a mistake by a sender in the funds transfer which resulted in the issuance of a payment order (i) that is a duplicate of a payment order previously issued by the sender, (ii) that orders payment to a beneficiary not entitled to receive payment from the originator, or (iii) that orders payment in an amount greater than the amount the beneficiary was entitled to receive from the originator. If the payment order is canceled or amended, the beneficiary’s bank is entitled to recover from the beneficiary any amount paid to the beneficiary to the extent allowed by the law governing mistake and restitution.d\n\nAn unaccepted payment order is canceled by operation of law at the close of the fifth funds-transfer business day of the receiving bank after the execution date or payment date of the order.e\n\nA canceled payment order cannot be accepted. If an accepted payment order is canceled, the acceptance is nullified and no person has any right or obligation based on the acceptance. Amendment of a payment order is deemed to be cancellation of the original order at the time of amendment and issue of a new payment order in the amended form at the same time.f\n\nUnless otherwise provided in an agreement of the parties or in a funds-transfer system rule, if the receiving bank, after accepting a payment order, agrees to cancellation or amendment of the order by the sender or is bound by a funds-transfer system rule allowing cancellation or amendment without the bank’s agreement, the sender, whether or not cancellation or amendment is effective, is liable to the bank for any loss and expenses, including reasonable attorney’s fees, incurred by the bank as a result of the cancellation or amendment or attempted cancellation or amendment.g\n\nA payment order is not revoked by the death or legal incapacity of the sender unless the receiving bank knows of the death or of an adjudication of incapacity by a court of competent jurisdiction and has reasonable opportunity to act before acceptance of the order.h\n\nA funds-transfer system rule is not effective to the extent it conflicts with subdivision (c) (2) of this section.","order_by":null,"text":{"0":{"id":307670,"text":"A communication of the sender of a payment order cancelling or amending the order may be transmitted to the receiving bank orally or in a record. If a security procedure is in effect between the sender and the receiving bank, the communication is not effective to cancel or amend the order unless the communication is verified pursuant to the security procedure or the bank agrees to the cancellation or amendment.","type":"section","prefixes":["a"],"prefix":"a","entire_prefix":"a","prefix_anchor":"a","level":1,"next_prefix":"b"},"1":{"id":307671,"text":"Subject to subsection (a) of this section, a communication by the sender cancelling or amending a payment order is effective to cancel or amend the order if notice of the communication is received at a time and in a manner affording the receiving bank a reasonable opportunity to act on the communication before the bank accepts the payment order.","type":"section","prefixes":["b"],"prefix":"b","entire_prefix":"b","prefix_anchor":"b","level":1,"prior_prefix":"a","next_prefix":"c"},"2":{"id":307672,"text":"After a payment order has been accepted, cancellation or amendment of the order is not effective unless the receiving bank agrees or a funds-transfer system rule allows cancellation or amendment without agreement of the bank.","type":"section","prefixes":["c"],"prefix":"c","entire_prefix":"c","prefix_anchor":"c","level":1,"prior_prefix":"b","next_prefix":"c1"},"3":{"id":307673,"text":"With respect to a payment order accepted by a receiving bank other than the beneficiary’s bank, cancellation or amendment is not effective unless a conforming cancellation or amendment of the payment order issued by the receiving bank is also made.","type":"section","prefixes":["c","1"],"prefix":"1","entire_prefix":"c1","prefix_anchor":"c1","level":2,"prior_prefix":"c","next_prefix":"c2"},"4":{"id":307674,"text":"With respect to a payment order accepted by the beneficiary’s bank, cancellation or amendment is not effective unless the order was issued in execution of an unauthorized payment order, or because of a mistake by a sender in the funds transfer which resulted in the issuance of a payment order (i) that is a duplicate of a payment order previously issued by the sender, (ii) that orders payment to a beneficiary not entitled to receive payment from the originator, or (iii) that orders payment in an amount greater than the amount the beneficiary was entitled to receive from the originator. If the payment order is canceled or amended, the beneficiary’s bank is entitled to recover from the beneficiary any amount paid to the beneficiary to the extent allowed by the law governing mistake and restitution.","type":"section","prefixes":["c","2"],"prefix":"2","entire_prefix":"c2","prefix_anchor":"c2","level":2,"prior_prefix":"c1","next_prefix":"d"},"5":{"id":307675,"text":"An unaccepted payment order is canceled by operation of law at the close of the fifth funds-transfer business day of the receiving bank after the execution date or payment date of the order.","type":"section","prefixes":["d"],"prefix":"d","entire_prefix":"d","prefix_anchor":"d","level":1,"prior_prefix":"c2","next_prefix":"e"},"6":{"id":307676,"text":"A canceled payment order cannot be accepted. If an accepted payment order is canceled, the acceptance is nullified and no person has any right or obligation based on the acceptance. Amendment of a payment order is deemed to be cancellation of the original order at the time of amendment and issue of a new payment order in the amended form at the same time.","type":"section","prefixes":["e"],"prefix":"e","entire_prefix":"e","prefix_anchor":"e","level":1,"prior_prefix":"d","next_prefix":"f"},"7":{"id":307677,"text":"Unless otherwise provided in an agreement of the parties or in a funds-transfer system rule, if the receiving bank, after accepting a payment order, agrees to cancellation or amendment of the order by the sender or is bound by a funds-transfer system rule allowing cancellation or amendment without the bank’s agreement, the sender, whether or not cancellation or amendment is effective, is liable to the bank for any loss and expenses, including reasonable attorney’s fees, incurred by the bank as a result of the cancellation or amendment or attempted cancellation or amendment.","type":"section","prefixes":["f"],"prefix":"f","entire_prefix":"f","prefix_anchor":"f","level":1,"prior_prefix":"e","next_prefix":"g"},"8":{"id":307678,"text":"A payment order is not revoked by the death or legal incapacity of the sender unless the receiving bank knows of the death or of an adjudication of incapacity by a court of competent jurisdiction and has reasonable opportunity to act before acceptance of the order.","type":"section","prefixes":["g"],"prefix":"g","entire_prefix":"g","prefix_anchor":"g","level":1,"prior_prefix":"f","next_prefix":"h"},"9":{"id":307679,"text":"A funds-transfer system rule is not effective to the extent it conflicts with subdivision (c) (2) of this section.","type":"section","prefixes":["h"],"prefix":"h","entire_prefix":"h","prefix_anchor":"h","level":1,"prior_prefix":"g"}},"ancestry":[{"id":14106,"edition_id":1,"name":"Issue and Acceptance of Payment Order","identifier":"2","label":"part","depth":2,"order_by":1,"parent_id":13362,"metadata":{},"date_created":"2026-06-26 03:46:53","date_modified":"2026-06-26 03:46:53","permalink":{"id":283223,"object_type":"structure","relational_id":14106,"identifier":"2","token":"8.4A\/2","url":"\/8.4A\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13362,"edition_id":1,"name":"Commercial Code \u2014 Funds Transfers","identifier":"8.4A","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:42","date_modified":"2026-06-26 03:44:42","permalink":{"id":283187,"object_type":"structure","relational_id":13362,"identifier":"8.4A","token":"8.4A","url":"\/8.4A\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":72906,"structure_id":14106,"section_number":"8.4A-201","catch_line":"Security procedure","url":"\/8.4A-201\/","token":"8.4A\/2\/8.4A-201","metadata":false},{"id":81942,"structure_id":14106,"section_number":"8.4A-202","catch_line":"Authorized and verified payment orders","url":"\/8.4A-202\/","token":"8.4A\/2\/8.4A-202","metadata":false},{"id":68248,"structure_id":14106,"section_number":"8.4A-203","catch_line":"Unenforceability of certain verified payment orders","url":"\/8.4A-203\/","token":"8.4A\/2\/8.4A-203","metadata":false},{"id":78010,"structure_id":14106,"section_number":"8.4A-204","catch_line":"Refund of payment and duty of customer to report with respect to unauthorized payment order","url":"\/8.4A-204\/","token":"8.4A\/2\/8.4A-204","metadata":false},{"id":77755,"structure_id":14106,"section_number":"8.4A-205","catch_line":"Erroneous payment orders","url":"\/8.4A-205\/","token":"8.4A\/2\/8.4A-205","metadata":false},{"id":64984,"structure_id":14106,"section_number":"8.4A-206","catch_line":"Transmission of payment order through funds-transfer or other communication system","url":"\/8.4A-206\/","token":"8.4A\/2\/8.4A-206","metadata":false},{"id":59923,"structure_id":14106,"section_number":"8.4A-207","catch_line":"Misdescription of beneficiary","url":"\/8.4A-207\/","token":"8.4A\/2\/8.4A-207","metadata":false},{"id":65335,"structure_id":14106,"section_number":"8.4A-208","catch_line":"Misdescription of intermediary bank or beneficiary's bank","url":"\/8.4A-208\/","token":"8.4A\/2\/8.4A-208","metadata":false},{"id":78930,"structure_id":14106,"section_number":"8.4A-209","catch_line":"Acceptance of payment order","url":"\/8.4A-209\/","token":"8.4A\/2\/8.4A-209","metadata":false},{"id":55237,"structure_id":14106,"section_number":"8.4A-210","catch_line":"Rejection of payment order","url":"\/8.4A-210\/","token":"8.4A\/2\/8.4A-210","metadata":false},{"id":85898,"structure_id":14106,"section_number":"8.4A-211","catch_line":"Cancellation and amendment of payment order","url":"\/8.4A-211\/","token":"8.4A\/2\/8.4A-211","metadata":false},{"id":69041,"structure_id":14106,"section_number":"8.4A-212","catch_line":"Liability and duty of receiving bank regarding unaccepted payment order","url":"\/8.4A-212\/","token":"8.4A\/2\/8.4A-212","metadata":false}],"previous_section":{"id":55237,"structure_id":14106,"section_number":"8.4A-210","catch_line":"Rejection of payment order","url":"\/8.4A-210\/","token":"8.4A\/2\/8.4A-210","metadata":false},"next_section":{"id":69041,"structure_id":14106,"section_number":"8.4A-212","catch_line":"Liability and duty of receiving bank regarding unaccepted payment order","url":"\/8.4A-212\/","token":"8.4A\/2\/8.4A-212","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/8.4A-211\/","history_text":"

This law was first created in 1990. The record of its establishment is cataloged in chapter 9 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1990 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2024, chapter 652<\/a>.<\/p>","references":[{"id":78930,"section_number":"8.4A-209","catch_line":"Acceptance of payment order","order_by":null,"url":"\/8.4A-209\/"},{"id":55237,"section_number":"8.4A-210","catch_line":"Rejection of payment order","order_by":null,"url":"\/8.4A-210\/"},{"id":73296,"section_number":"8.4A-404","catch_line":"Obligation of beneficiary's bank to pay and give notice to beneficiary","order_by":null,"url":"\/8.4A-404\/"},{"id":60722,"section_number":"8.4A-406","catch_line":"Payment by originator to beneficiary; discharge of underlying obligation","order_by":null,"url":"\/8.4A-406\/"}],"refers_to":false,"permalink":{"id":283265,"object_type":"law","relational_id":85898,"identifier":"8.4A-211","token":"8.4A\/2\/8.4A-211","url":"\/8.4A-211\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/8.4A-211\/","token":"8.4A\/2\/8.4A-211","dublin_core":{"Title":"Cancellation and amendment of payment order","Type":"Text","Format":"text\/html","Identifier":"\u00a7 8.4A-211","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

a.<\/span> A communication of the sender of a payment order<\/span> cancelling or amending the order<\/span> may be transmitted to the receiving bank orally or in a record. If a security procedure is in effect between the sender and the receiving bank, the communication is not effective to cancel or amend<\/span> the order<\/span> unless the communication is verified pursuant to the security procedure or the bank agrees to the cancellation or amendment. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

b.<\/span> Subject to subsection (a) of this section, a communication by the sender cancelling or amending a payment order<\/span> is effective to cancel or amend<\/span> the order<\/span> if notice of the communication is received at a time and in a manner affording the receiving bank a reasonable opportunity to act on the communication before the bank accepts the payment order<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

c.<\/span> After a payment order<\/span> has been accepted, cancellation or amendment of the order<\/span> is not effective unless the receiving bank agrees or a funds-transfer system rule allows cancellation or amendment without agreement of the bank. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> With respect to a payment order<\/span> accepted by a receiving bank other than the beneficiary’s bank, cancellation or amendment is not effective unless a conforming cancellation or amendment of the payment order<\/span> issued by the receiving bank is also made. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> With respect to a payment order<\/span> accepted by the beneficiary’s bank, cancellation or amendment is not effective unless the order<\/span> was issued in execution of an unauthorized payment order<\/span>, or because of a mistake by a sender in the funds transfer<\/span> which resulted in the issuance of a payment order<\/span> (i) that is a duplicate of a payment order<\/span> previously issued by the sender, (ii) that orders<\/span> payment to a beneficiary not entitled to receive payment from the originator<\/span>, or (iii) that orders<\/span> payment in an amount greater than the amount the beneficiary was entitled to receive from the originator<\/span>. If the payment order<\/span> is canceled or amended, the beneficiary’s bank is entitled to recover from the beneficiary any amount paid to the beneficiary to the extent allowed by the law<\/span> governing mistake and restitution<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

d.<\/span> An unaccepted payment order<\/span> is canceled by operation of law<\/span> at the close of the fifth funds-transfer business day of the receiving bank after the execution date or payment date of the order<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

e.<\/span> A canceled payment order<\/span> cannot be accepted. If an accepted payment order<\/span> is canceled, the acceptance is nullified and no person has any right or obligation based on the acceptance. Amendment of a payment order<\/span> is deemed to be cancellation of the original order<\/span> at the time of amendment and issue<\/span> of a new payment order<\/span> in the amended form at the same time. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

f.<\/span> Unless otherwise provided in an agreement of the parties or in a funds-transfer system rule, if the receiving bank, after accepting a payment order<\/span>, agrees to cancellation or amendment of the order<\/span> by the sender or is bound by a funds-transfer system rule allowing cancellation or amendment without the bank’s agreement, the sender, whether or not cancellation or amendment is effective, is liable to the bank for any loss and expenses, including reasonable attorney’s fees, incurred by the bank as a result of the cancellation or amendment or attempted cancellation or amendment. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

g.<\/span> A payment order<\/span> is not revoked by the death or legal incapacity of the sender unless the receiving bank knows of the death or of an adjudication of incapacity by a court<\/span> of competent jurisdiction<\/span> and has reasonable opportunity to act before acceptance of the order<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

h.<\/span> A funds-transfer system rule is not effective to the extent it conflicts with subdivision (c) (2) of this section. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCANCELLATION AND AMENDMENT OF PAYMENT ORDER (\u00a7 8.4A-211)\n\na. A communication of the sender of a payment order cancelling or amending the\norder may be transmitted to the receiving bank orally or in a record. If a\nsecurity procedure is in effect between the sender and the receiving bank, the\ncommunication is not effective to cancel or amend the order unless the\ncommunication is verified pursuant to the security procedure or the bank agrees\nto the cancellation or amendment.\n\nb. Subject to subsection (a) of this section, a communication by the sender\ncancelling or amending a payment order is effective to cancel or amend the order\nif notice of the communication is received at a time and in a manner affording\nthe receiving bank a reasonable opportunity to act on the communication before\nthe bank accepts the payment order.\n\nc. After a payment order has been accepted, cancellation or amendment of the\norder is not effective unless the receiving bank agrees or a funds-transfer\nsystem rule allows cancellation or amendment without agreement of the bank.\n\n 1. With respect to a payment order accepted by a receiving bank other than the\n beneficiary’s bank, cancellation or amendment is not effective unless a\n conforming cancellation or amendment of the payment order issued by the\n receiving bank is also made.\n\n 2. With respect to a payment order accepted by the beneficiary’s bank,\n cancellation or amendment is not effective unless the order was issued in\n execution of an unauthorized payment order, or because of a mistake by a\n sender in the funds transfer which resulted in the issuance of a payment order\n (i) that is a duplicate of a payment order previously issued by the sender,\n (ii) that orders payment to a beneficiary not entitled to receive payment from\n the originator, or (iii) that orders payment in an amount greater than the\n amount the beneficiary was entitled to receive from the originator. If the\n payment order is canceled or amended, the beneficiary’s bank is entitled\n to recover from the beneficiary any amount paid to the beneficiary to the\n extent allowed by the law governing mistake and restitution.\n\nd. An unaccepted payment order is canceled by operation of law at the close of\nthe fifth funds-transfer business day of the receiving bank after the execution\ndate or payment date of the order.\n\ne. A canceled payment order cannot be accepted. If an accepted payment order is\ncanceled, the acceptance is nullified and no person has any right or obligation\nbased on the acceptance. Amendment of a payment order is deemed to be\ncancellation of the original order at the time of amendment and issue of a new\npayment order in the amended form at the same time.\n\nf. Unless otherwise provided in an agreement of the parties or in a\nfunds-transfer system rule, if the receiving bank, after accepting a payment\norder, agrees to cancellation or amendment of the order by the sender or is\nbound by a funds-transfer system rule allowing cancellation or amendment without\nthe bank’s agreement, the sender, whether or not cancellation or amendment\nis effective, is liable to the bank for any loss and expenses, including\nreasonable attorney’s fees, incurred by the bank as a result of the\ncancellation or amendment or attempted cancellation or amendment.\n\ng. A payment order is not revoked by the death or legal incapacity of the sender\nunless the receiving bank knows of the death or of an adjudication of incapacity\nby a court of competent jurisdiction and has reasonable opportunity to act\nbefore acceptance of the order.\n\nh. A funds-transfer system rule is not effective to the extent it conflicts with\nsubdivision (c) (2) of this section.\n\nHISTORY: 1990, c. 9; 2024, c. 652.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}