---
kind: "section"
citation: "31 C.F.R. § 363.147"
title: "31"
number: "363.147"
heading: "How do I purchase a payroll zero-percent certificate of indebtedness?"
url: "https://uscodex.org/cfr/31/363.147"
---

# §363.147. How do I purchase a payroll zero-percent certificate of indebtedness?


You may purchase a payroll zero-percent certificate of indebtedness through your TreasuryDirect® account using your payroll savings plan. (See §§ [363.59](/cfr/31/363.59.md) and [363.60](/cfr/31/363.60.md) for more information on opening a payroll savings plan.) The only method of purchase for a payroll zero-percent certificate of indebtedness is a credit of funds from your employer or financial institution using the ACH method. You cannot purchase a payroll zero-percent certificate of indebtedness by using a debit from your financial institution.


## Notes

### Amendments

[75 FR 70817, Nov. 19, 2010]

### Source

Source: 69 FR 50309, Aug. 16, 2004, unless otherwise noted.

### Authority

Authority: 5 U.S.C. 301; 12 U.S.C. 391; 31 U.S.C. 3102, et seq.; 31 U.S.C. 3121, et seq.

### Source

Source: 67 FR 64286, Oct. 17, 2002, unless otherwise noted.

### Amendments

[75 FR 70817, Nov. 19, 2010]