Wire transfer system

Wire transfer system means a system through which an unconditional order to a bank to pay a fixed or determinable amount of money to a beneficiary upon receipt, or on a day stated in the order, is transmitted by electronic or other means through the network, between banks, or on the books of a bank. When referring to wire transfer systems, the terms in this regulation (such as bank, originator's bank, beneficiary's bank, and intermediary bank) are defined as those terms are defined in 12 CFR part 210, appendix B.

Source

12 CFR § 233.2

---

Scoping language

The following definitions apply solely for purposes of this part:

---

Is this correct? or