Description
This course explains Regulation E’s limitations on consumer liability for unauthorized electronic fund transfers and how they may vary depending on the timeliness of the consumer notifying the bank of an unauthorized transaction or a lost or stolen account access device.
What You’ll Learn
After completing this course, students will be able to:
- Describe an unauthorized electronic fund transfer (EFT)
- Explain a consumer’s responsibilities when reporting an unauthorized EFT or other error
