Code of Federal Regulations Title 39. Postal Service § 39.762.27 Processing of disbursement postal money orders by Federal Reserve Banks

(1) Receive Disbursement Postal Money Orders from its member banks, and its other depositors which guarantee all prior endorsements thereon;

(2) Give immediate credit therefor in accordance with its current Time Schedules and charge the amount thereof to the general account of the U.S. Treasury, subject to examination and payment by the Postal Service;  and

(3) Forward the Disbursement Postal Money Orders to the Postal Service.