Reg E Overdrafts

$55.00

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  • $55.00
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SKU: 10296 Category: Tag:

Description

This course describes the scope and timing requirements of the Regulation E overdraft provisions. It explains how the rule prohibits imposing a fee for paying an ATM or one-time debit card overdraft unless the customer has received a notice explaining the bank’s overdraft program and fees, and has consented to pay the fee.

What You’ll Learn

After completing this course, students will be able to:

  • Identify what accounts and transactions the overdraft rule covers
  • Explain the opt-in requirements for covered debit card transactions
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