(

a) In this division: (1) “Authorized account” means a deposit account of a customer in a bank designated by the customer as a source of payment of payment orders issued by the customer to the bank. If a customer does not so designate an account, any account of the customer is an authorized account if payment of a payment order from that account is not inconsistent with a restriction on the use of that account. (2) “Bank” means a person engaged in the business of banking and includes a savings bank, savings and loan association, credit union, and trust company.

A branch or separate office of a bank is a separate bank for purposes of this division. (3) “Customer” means a person, including a bank, having an account with a bank or from whom a bank has agreed to receive payment orders. (4) “Funds-transfer business day” of a receiving bank means the part of a day during which the receiving bank is open for the receipt, processing, and transmittal of payment orders and cancellations and amendments of payment orders. (5) “Funds-transfer system” means a wire transfer network, automated clearinghouse, or other communication system of a clearinghouse or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed. (6) [Reserved] (7) “Prove” with respect to a fact means to meet the burden of establishing the fact under subdivision (8) of

Section 1201. (

b) Other

definitions applying to this division and the sections in which they appear are: Acceptance:

Section 11209. Beneficiary:

Section 11103. Beneficiary’s bank:

Section 11103. Executed:

Section 11301. Execution date:

Section 11301. Funds transfer:

Section 11104. Funds-transfer system rule:

Section 11501. Intermediary bank:

Section 11104. Originator:

Section 11104. Originator’s bank:

Section 11104. Payment by beneficiary’s bank to beneficiary:

Section 11405. Payment by originator to beneficiary:

Section 11406. Payment by sender to receiving bank:

Section 11403. Payment date:

Section 11401. Payment order:

Section 11103. Receiving bank:

Section 11103. Security procedure:

Section 11201. Sender:

Section 11103. (

c) The following

definitions in Division 4 (commencing with

Section 4101) apply to this division: Clearinghouse:

Section 4104. Item:

Section 4104. Suspends payments:

Section 4104. (

d) In addition, Division 1 (commencing with

Section 1101) contains general

definitions and principles of construction and

interpretation applicable throughout this division.