EFT Disclosure Requirements

Control: EFTAR-002-001
Regulation: EFTA REG E
Category: operational
Priority: high
Frequency: annually
Type: operational

What this control requires

Provide required Regulation E disclosures: initial disclosure at account opening covering terms and conditions, error resolution rights, fee schedule, and contact information. Provide change-in-terms notice 21 days before effective date.

Other EFTA REG E controls

EFTAR-001-001 - Electronic Fund Transfer Consumer ProtectionsEFTAR-003-001 - EFT Periodic Statement Requirements