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
