Opinion ID: 1467145
Heading Depth: 1
Heading Rank: 4

Heading: UCC Article 4A

Text: Martin also suggests that the transactions here are governed by Article 4A of the UCC, rather than Article 4. Article 4A applies to funds transfers, also known in the banking industry as wholesale wire transfers. [68] Aside from the bare assertion that Blair's telephone transactions resemble an example contained in the comments to Article 4A, Martin does not explain how they fit within that statute's detailed framework. Nor does he explain what the effect of applying Article 4A to the facts here would be. Rather, we conclude that Article 4A does not apply. Article 4A governs a specialized method of payment referred to ... as a funds transfer but also commonly referred to in the commercial community as a wholesale wire transfer. [69] That is not the circumstance we have here.