Electronic Fund Transfer Act - Regulation E
Electronic Fund Transfer Act - Regulation E was enacted to protect consumers from errors and fraud that could occur in these transactions. This course covers the requirements of the Act that apply to customer contact personnel.
| Price | $130 Nonmembers / $95 Members |
| Course Credits | AIB: 0 ; ICB: 1.0 (CFSSP, CRCM) |
| Prerequisites | None |
| Required Software | None |
| Optional Software | Adobe Acrobat Reader and RealPlayer |
Audience
All levels of employees. Operations personnel who perform actual resolution for electronic fund transfer errors may need more in-depth training.
Learning Objectives
After completing this course, students will be able to:
- Explain the background of the Electronic Fund Transfer Act
- Describe the purpose of the Electronic Fund Transfer Act
- Describe requirements regarding issuance of access devices
- Explain the requirements related to preauthorized transfers
- Define an electronic funds transfer
- Describe how to handle a notice of error
Enrollment: To enroll in this course, please click on the link below for the registration form. Print and complete the form and submit it to your supervisor for approval. Then submit the approved form to your human resources department for processing.