---
kind: "section"
citation: "12 U.S.C. § 1831r"
title: "12"
title_heading: "Banks and Banking"
number: "1831r"
heading: "Payments on foreign deposits prohibited"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/1831r"
units:
  - "Chapter 16 — Federal Deposit Insurance Corporation"
---

# §1831r. Payments on foreign deposits prohibited

- (a) **In general—** Notwithstanding any other provision of law, the Corporation, the [Board](/usc/12/1861.md?p=b-3) of Governors of the Federal Reserve System, the Resolution Trust Corporation, any other agency, department, and instrumentality of the United States, and any corporation owned or controlled by the United States may not, directly or indirectly, make any payment or provide any assistance, guarantee, or transfer under this chapter or any other provision of law in connection with any [insured depository institution](/usc/12/1813.md?p=c-2) which would have the direct or indirect effect of satisfying, in whole or in part, any claim against the institution for obligations of the institution which would constitute [deposits](/usc/12/1813.md?p=l) as defined in [section 1813(l)](/usc/12/1813.md?p=l) of this title but for subparagraphs [(A)](/usc/12/1813.md?p=l-5-A) and [(B)](/usc/12/1813.md?p=l-5-B) of section 1813(l)(5) of this title.
- (b) **Exception—** [Subsection (a)](#a) shall not apply to any payment, assistance, guarantee, or transfer made or provided by the Corporation if the [Board of Directors](/usc/12/1813.md?p=k) determines in writing that such action is not inconsistent with any requirement of [section 1823(c) of this title](/usc/12/1823.md?p=c).
- (c) **Discount window lending—** No provision of this section shall be construed as prohibiting any Federal Reserve [bank](/usc/12/1813.md?p=a-1) from making advances or otherwise extending [credit](/usc/12/5481.md?p=7) pursuant to the Federal Reserve Act [[12 U.S.C. 221](/usc/12/221.md) et seq.] to any [insured depository institution](/usc/12/1813.md?p=c-2) to the extent that such advance or extension of [credit](/usc/12/5481.md?p=7) is consistent with the conditions and limitations imposed under section 10B of such Act [[12 U.S.C. 347b](/usc/12/347b.md)].

## Source credit

(Sept. 21, 1950, ch. 967, § 2[41], as added Pub. L. 102–242, title III, § 312, Dec. 19, 1991, 105 Stat. 2367.)

## Notes

### Editorial Notes

### References in Text

The Federal Reserve Act, referred to in subsec. (c), is act Dec. 23, 1913, ch. 6, 38 Stat. 251, which is classified principally to chapter 3 (§ 221 et seq.) of this title. For complete classification of this Act to the Code, see References in Text note set out under section 226 of this title and Tables.