This Act (Title IX of the Consumer Credit Protection Act) establishes the rights, liabilities and responsibilities of participants in electronic fund transfer systems.

The Electronic Fund Transfer Act (EFTA) and Regulation E apply to an electronic fund transfer that authorizes a financial institution to debit or credit a consumer's account. 12 CFR 1005.3(a).

2023年4月19日 · Regulation E protects consumers when they use electronic fund and remittance transfers. Please review the implementation and guidance materials available on our website, including regulations and official interpretation, before submitting a question about the Bureau’s rules or regulations.

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The Electronic Fund Transfer Act (EFTA) (15 USC 1693 et seq.) of 1978 is intended to protect individual consumers engaging in electronic fund transfers (EFTs). EFT services include transfers

2024年8月2日 · The Electronic Fund Transfer Act (EFTA) is a federal law that protects consumers when they transfer funds electronically, including through the use of debit...

The Electronic Fund Transfer Act (EFTA) , also known as Regulation E, created protections against unauthorized electronic fund transfers (EFTs) for consumers using certain electronic banking and financial services, such as debit card transactions, electronic withdrawals, transfers, and deposits through automated teller machines (ATMs ...

The EFTA is implemented through Regulation E, which includes official interpretations. In 2009, the Board of Governors of the Federal Reserve System (Board) amended Regulation E to prohibit institutions from charging overdraft fees for ATM and one-time debit card

The Electronic Fund Transfer Act was passed by the U.S. Congress in 1978 and signed by President Jimmy Carter, to establish the rights and liabilities of consumers as well as the responsibilities of all participants in electronic funds transfer activities.

protects consumers against unauthorized and incorrect electronic fund transfers (EFT) to or from their bank accounts. This law gives consumers a process for disputing erroneous EFTs, such as unauthorized debit card withdrawals, and limits consumer liability for a lost or stolen debit card.