Reg E Overdrafts

$55.00

SKU: 10296 Category: Tag:

Description

Describes the debit cards overdraft rule under Regulation E and what consumer deposit and payroll card accounts are covered as well as the accounts not covered. Explains how the rule prohibits imposing any fee for paying an ATM or one-time debit card overdraft unless the customer has received a notice explaining the fee and consented or opted-in.
What You’ll Learn
After completing this course, students will be able to:

  • Describe the debit cards overdraft rule under Regulation E
  • Identify what is and what is not covered
  • Explain the opt-in requirements for certain debit card overdrafts under Regulation E
  • Additional information

    Audience

    Tellers, CSRs, personal bankers, call center, back office responsible for overdraft determinations.

    Credits

    0.5 CFSSP, 0.5 CRCM

    Member Price

    55.00

    Non-Member Price

    75.00

    Course Number

    ABA

    Location

    Online Self-Paced

    Vendor

    ABA

    Course Code

    ABA

    Prerequisites

    None

    Day

    Online

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