The Consumer Financial Protection Bureau has issued a list of FAQ’s related to Electronic Fund Transfers.

The questions and answers pertain to compliance with the Electronic Fund Transfer Act (EFTA) and Regulation E.   According to the Federal Reserve, Regulation E provides a basic framework that establishes the rights, liabilities, and responsibilities of participants in electronic fund transfer systems.

Check out the FAQs below, plus we have a number of wire fraud resources on our website HERE.