Compliance Classic: Reg E

During this class, Heather Line will discusses the complex rules that govern electronic funds transfers (EFTs). Topics of discussion will include:

  • Types of EFTs covered by the regulation
  • Disclosure requirements for new accounts, periodic statements, changes in terms, error resolution and terminal receipts
  • Rules for preauthorized transfers
  • Error resolution procedures
  • Member and credit union liability for unauthorized EFTs
  • Opt-in requirements for overdraft coverage of ATM and POS transactions
 
This training is ideal for compliance officers, tellers, new account representatives, branch managers and operation specialists.
 
Documents for this class:

  


Category: Compliance

Labels: Compliance, EFT, electronic funds transfers, Heather Line, Reg E, Regulation E, Video