Fiscal Service, Treasury                                                                             §363.6 
                                           §363.3 [Reserved]                                          (c) Letters should be addressed to the 
                                                                                                    address provided on our web site at 
                                                                                       ®
                                           §363.4 How is TreasuryDirect                     dif-    http://www.treasurydirect.gov/write.htm. 
                                                ferent from the Legacy Treasury Di-                 [67 FR 64286, Oct. 17, 2002, as amended at 70 
                                                rect® system and the commercial 
                                                book-entry system?                                  FR 57442, Sept. 30, 2005; 74 FR 19416, Apr. 29, 
                                                                                                    2009] 
                                             (a)  TreasuryDirect.  TreasuryDirect is 
                                           a book-entry, online system main-                        §363.6 What special terms do I need to 
                                           tained by Treasury for purchasing,                            know to understand this part? 
                                           holding and conducting permitted  Account means a TreasuryDirect® ac-
                                           transactions in eligible Treasury secu-                  count as described in §363.10. 
                                           rities in electronic form as a computer                    Authentication means confirming that 
                                           record on the books of Treasury.  the person accessing a TreasuryDirect 
                                           TreasuryDirect currently provides for  account is the same person whose iden-
                                           the purchase and holding of eligible  tity was initially verified at account 
                                           book-entry savings bonds, zero-percent  establishment. 
                                           certificates of indebtedness, and eligi-                   Automated Clearing House (ACH) 
                                           ble marketable Treasury securities.                      means a funds transfer system gov-
                                             (b)  Legacy Treasury Direct. The Leg-                  erned by the Rules of the National 
                                           acy Treasury Direct system is a non-  Automated Clearing House Association 
                                                                                                    (NACHA). NACHA provides for the 
                                           Internet-based book-entry system 
                                           maintained by Treasury for holding  interbank clearing of electronic entries 
                                           and conducting permitted transactions  for participating financial institutions. 
                                           in eligible marketable Treasury securi-                    Beneficiary refers to the second indi-
                                           ties as book-entry products. The terms  vidual named in the registration of a 
                                           and conditions for the Legacy Treasury                   definitive savings bond, a converted de-
                                           Direct system are found at 31 CFR part                   finitive savings bond, or a book-entry 
                                           357, subpart C.                                          security purchased through the 
                                             (c) Commercial book-entry system. The                  TreasuryDirect system, registered, 
                                           commercial book-entry system is the  e.g., ‘‘John Doe SSN 123–45–6789 POD 
                                           book-entry system in which Treasury  (payable on death to) Joseph Doe SSN 
                                                                                                    987–65–4321. 
                                           securities are held in a tiered system                     Book-entry security means a Treasury 
                                           through securities intermediaries such  security maintained by us in electronic 
                                           as financial institutions or brokerage  or paperless form as a computer record. 
                                           firms. The regulations governing the                       Business day means any day that 
                                           commercial book-entry system are funds may be settled through ACH. 
                                           found at 31 CFR part 357, subpart B,                       Closed book period means a period of 
                                           and may be referred to in that part as  four business days prior to the date a 
                                           Treasury/Reserve Automated Debt 
                                                                                                    scheduled marketable security interest 
                                           Entry System (TRADES).                                   and/or maturity payment is made, dur-
                                           [70 FR 57442, Sept. 30, 2005, as amended at 76           ing which time certain transactions 
                                           FR 18064, Apr. 1, 2011]                                  will be delayed until after the closed 
                                                                                                    book period is completed. (See §363.210.) 
                                           §363.5 How do I contact Fiscal Serv-                       Commercial book-entry system refers to 
                                                ice?                                                the book-entry system in which you 
                                             (a) You may use the ‘‘Contact Us’’  hold your Treasury securities in a 
                                           feature within TreasuryDirect® to  tiered system through securities inter-
                                           communicate information to us over a  mediaries such as financial institutions 
                                           secure Internet connection.                              or brokerage firms. (See §363.4.) 
                                             (b) Emails may be sent to: treas-                        Court means a court of law with ju-
                                                                                                    risdiction over the parties and the sub-
                                           ury.direct@bpd.treas.gov.  We will reply  ject matter. 
                                           by e-mail unless you request otherwise.                    Conversion account means a linked ac-
                                           We are not responsible for the security                  count in TreasuryDirect that contains 
                                           of e-mail messages you may send to us,                   only savings bonds that have been con-
                                           or replies we may send to you.                           verted from definitive bonds to book- 
                                                                                                    entry bonds. 
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