Regulation E
E618776
Regulation E is a U.S. Federal Reserve rule that protects consumers in electronic fund transfers, including ATM, debit card, and online banking transactions.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal regulation
ⓘ
consumer protection regulation ⓘ electronic fund transfer regulation ⓘ |
| administeredBy | Consumer Financial Protection Bureau NERFINISHED ⓘ |
| appliesTo |
ATM transactions
ⓘ
debit card transactions ⓘ online banking electronic fund transfers ⓘ person-to-person electronic payments ⓘ point-of-sale electronic fund transfers ⓘ preauthorized electronic fund transfers ⓘ remittance transfers ⓘ telephone-initiated electronic fund transfers ⓘ |
| citation | 12 CFR Part 1005 ⓘ |
| country | United States of America ⓘ |
| covers |
electronic fund transfer service providers
ⓘ
financial institutions offering EFT services ⓘ |
| doesNotApplyTo |
most business-purpose accounts
ⓘ
wire transfers under Regulation J ⓘ |
| enforcedBy |
Consumer Financial Protection Bureau
NERFINISHED
ⓘ
federal banking regulators ⓘ |
| fullName | Electronic Fund Transfer Act implementing regulation NERFINISHED ⓘ |
| implements | Electronic Fund Transfer Act NERFINISHED ⓘ |
| includes |
opt-in requirements for ATM and one-time debit card overdraft fees
ⓘ
rules for government benefit accounts ⓘ rules for payroll card accounts ⓘ rules for remittance transfers to foreign countries ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| legalBasis | Electronic Fund Transfer Act, 15 U.S.C. 1693 et seq. NERFINISHED ⓘ |
| limits | consumer liability for unauthorized electronic fund transfers ⓘ |
| previousCitation | 12 CFR Part 205 ⓘ |
| protects | consumers ⓘ |
| purpose | to protect individual consumers engaging in electronic fund transfers ⓘ |
| regulator | Board of Governors of the Federal Reserve System NERFINISHED ⓘ |
| requires |
change-in-terms notices to consumers
ⓘ
disclosure of terms and conditions of electronic fund transfer services ⓘ error resolution procedures ⓘ initial disclosures to consumers ⓘ periodic statements for electronic fund transfers ⓘ receipts at electronic terminals for certain transactions ⓘ |
| sector |
banking
ⓘ
payments ⓘ |
| sets |
requirements for provisional credit during error investigations
ⓘ
time limits for financial institutions to investigate errors ⓘ time limits for reporting unauthorized transactions ⓘ |
| subjectMatter |
consumer rights in payment transactions
ⓘ
electronic fund transfers ⓘ error resolution for electronic fund transfers ⓘ liability for unauthorized electronic fund transfers ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.