EFT Periodic Statement Requirements

Control: EFTAR-003-001
Regulation: EFTA REG E
Category: operational
Priority: high
Frequency: monthly
Type: operational

What this control requires

Provide required Regulation E periodic statements for EFT accounts including: transaction details, fees, balances, and error resolution contact. Monthly statements if EFT activity occurred. Annual statement if no activity.

Other EFTA REG E controls

EFTAR-001-001 - Electronic Fund Transfer Consumer ProtectionsEFTAR-002-001 - EFT Disclosure Requirements