---
kind: "section"
citation: "31 C.F.R. § 206.5"
title: "31"
number: "206.5"
heading: "Collection and deposit procedure exceptions."
url: "https://uscodex.org/cfr/31/206.5"
---

# §206.5. Collection and deposit procedure exceptions.

- (a) The following collection and deposit timeframe requirements are to be followed in exception cases where EFT mechanisms are not utilized:
  - (1) An agency will achieve same-day deposit of monies. Where same day deposit is not cost-effective or is impracticable, next day deposit of monies must be achieved except in those cases covered by I TFM 6-8000.
  - (2) Deposits will be made at a time of the day prior to the depositary's specified cutoff time, but as late as possible in order to maximize daily deposit amounts.
  - (3) When cost-beneficial to the Government, an agency may make multiple deposits.
- (b) **Any additional exceptions to the above policies are listed in I TFM 6-8000.**

## Notes

### Authority

Authority: 5 U.S.C. 301; 31 U.S.C. 321, 3301, 3302, 3321, 3327, 3328, 3332, 3335, 3720, and 6503.

### Source

Source: 59 FR 4538, Jan. 31, 1994, unless otherwise noted.