Regulation E – Electronic Funds Transfer Act (EFTA) Policy – 15 Pages – 3700 Words

The policy is designed to align a company’s electronic fund transfer activities with the requirements of Regulation E, ensuring consumer protection and minimizing risks. It applies to all employees, contractors, and third-party service providers involved in electronic fund transfers, such as ATM transactions and online banking. The policy’s primary goal is to establish guidelines that protect consumers, maintain the bank’s integrity, and comply with the legal framework set by the Electronic Fund Transfer Act (EFTA).