2 CFR § 700.7 - Advance payment.

---
identifier: "/us/cfr/t2/s700.7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "2 CFR § 700.7 - Advance payment."
title_number: 2
title_name: "Federal Financial Assistance"
section_number: "700.7"
section_name: "Advance payment."
chapter_name: "AGENCY FOR INTERNATIONAL DEVELOPMENT"
part_number: "700"
part_name: "UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 621, Public L. 87-195, 75 Stat 445, (22 U.S.C. 2381) as amended, E.O. 12163, Sept 29, 1979, 44 FR 56673; 2 CFR 1979 Comp., p. 435."
regulatory_source: "89 FR 63074, Aug. 2, 2024, unless otherwise noted."
cfr_part: "700"
---


# 700.7 Advance payment.

Advance payment mechanisms include, but are not limited to, Letter of Credit, Treasury check and electronic funds transfer and must comply with applicable guidance in 31 CFR part 205.