Error Resolution Facilitators Funds Transfer 
PYMNTS
JANUARY 3, 2019
3) that it had reached a settlement with USAA Federal Savings Bank over allegations that the bank violated the Electronic Fund Transfer Act, among other transgressions. It also failed to start and complete reasonable error resolution investigations, the Bureau said. million in civil money penalty.
Clearly Payments
FEBRUARY 8, 2024
Key Payment Regulations in The USA Electronic Fund Transfer Act (EFTA): Enacted in 1978, the EFTA establishes the rights, liabilities, and responsibilities of consumers and financial institutions engaged in electronic fund transfers (EFTs). It promotes fair access to credit for all consumers.
Expert insights. Personalized for you.
51 
Let's personalize your content