The following terms are defined in 31 CFR 1010.100 under the joint authority of the Board and the Treasury: Accept.Beneficiary.Beneficiary's bank.Established customer.Execution date.Funds transfer.Intermediary bank.Intermediary financial institution.Originator.Originator's bank.Payment date.Payment order.Receiving bank.Receiving financial institution.Recipient.Recipient's financial institution.Sender.Transmittal of funds.Transmittal order.Transmittor. Transmittor's financial institution. [60 FR 233, Jan. 3, 1995, as amended by Reg. S, 77 FR 65098, Oct. 25, 2012]