524.820 Money received for transmission. 1. A state bank shall have power to receive money for transmission. Upon receiving money for transmission, a state bank shall give the customer a receipt setting forth the dateof receipt of the money, the amount of the money in dollars and cents, and if the money isto be transmitted to a foreign country in the currency of such country, the amount of themoney in such currency. 2. In an action by a customer against a state bank for recovery of money delivered for transmission, the burden of proof of delivery of the money in accordance with the instructionsof the customer shall be on the state bank but an affidavit by an agent or depository of thestate bank that the money was delivered in accordance with the instructions of the customerand a receipt for the money signed in the name of the recipient designated by the customershall be prima facie evidence of the delivery of the money in accordance with the instructionsof the customer. [C71, 73, 75, 77, 79, 81, §524.820] Sat Dec 23 01:17:12 2023 Iowa Code 2024, Section 524.820 (22, 0)
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