An overview of the fundamental requirements of the Electronic Funds Transfer Act (EFTA) and Regulation E, with examples of dispute resolution application and checklists. Updated in July 2020 to reflect the Remittance Transfer Rule changes effective July 21, 2020.What You'll Learn:After completing this course, students will be able to:

• Describe the purpose and covered transactions under Regulation E
  
• Describe the disclosures required by Regulation E
  
• 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
  
• Discuss requirements for prepaid accounts
  
• Discuss fee restrictions and expiration dates on gift cards
  
• Identify the transactions and disclosure requirements covered under the foreign remittance rules
  
• Clarify the retention, penalties, and violations for Regulation E

You have 6 months to complete the course and gain your printable certificate. Course Length: 1 hour 10 minutes