FAR 32.1106 EFT mechanisms
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 32.1106
- Type
- Section
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
(a) Domestic EFT mechanisms. The EFT clauses at 52.232-33 and 52.232-34 are designed for use with the domestic United States banking system, using United States currency, and only the specified mechanisms (U.S. Automated Clearing House, and Fedwire Transfer System) of EFT. However, the head of an agency may authorize the use of any other EFT mechanism for domestic EFT with the concurrence of the office or agency responsible for making payments.
(b) Nondomestic EFT mechanisms and other than United States currency. The Government shall provide payment by other than EFT for payments received by or on behalf of the contractor outside the United States and Puerto Rico or for contracts paid in other than United States currency. However, the head of an agency may authorize appropriate use of EFT with the concurrence of the office or agency responsible for making payments if-
(1) The political, financial, and communications infrastructure in a foreign country supports payment by EFT; or
(2) Payments of other than United States currency may be made safely.
Sections cited
- FAR 52.232-33 Payment by Electronic Funds Transfer-System for Award Management
- FAR 52.232-34 Payment by Electronic Funds Transfer-Other than System for Award Management
Quick answers
What is FAR 32.1106?
FAR 32.1106 is a section of the Federal Acquisition Regulation, titled "EFT mechanisms".
Are changes to FAR 32.1106 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
On GovTribe
Follow the rules behind federal contracts
- Search Federal Register rules and proposed rules for the FAR, DFARS and agency supplements
- Solicitations, awards and government files in one search
- Ask GovTribe AI about the rules that apply to a contract