Electronic Fund Transfer Consumer Protections

Control: EFTAR-001-001
Regulation: EFTA REG E
Category: operational
Priority: high
Frequency: quarterly
Type: operational

What this control requires

Implement Regulation E consumer protections for electronic fund transfers: error resolution procedures (45-day investigation), provisional credit within 10 business days, and liability limitations. Maintain EFT dispute register.

Other EFTA REG E controls

EFTAR-002-001 - EFT Disclosure RequirementsEFTAR-003-001 - EFT Periodic Statement Requirements