Description
Covers the fundamental requirements of the Electronic Funds Transfer Act (EFTA) and Regulation E with examples of dispute resolution application and checklists.
What You’ll Learn
After completing this course, students will be able to:
Describe the disclosures required by Regulation E and the penalties, and violations for non-compliance
Define electronic funds transfer error resolution
Explain how to handle inquiries about customer liability
Explain the Regulation E rules pertaining to debit cards and ATM overdraft fees, and fee restrictions and expiration dates on gift cards
Identify the transactions and disclosure requirements covered under the foreign remittance rules
