A regulation issued by the Board of Governors of the Federal Reserve System. This regulation carries out the purposes of the Electronic Fund Transfer Act, of which the primary objective is the protection of individual consumers engaging in electronic fund transfers. Sales Draft: The paper form used by the merchant, and signed by the cardholder, to document the transaction
The regulation published by the Federal Reserve Bank to implement the Electronic Fund Transfer Act mandating consumer rights and obligation with regard to electronic fund transfers.
The regulation, all amendments thereto and official interpretations thereof (12 C.F.R. part 205) promulgated by the Board of Governors of the Federal Reserve System implementing Title IX of the Consumer Credit Protection Act (15 U.S.C. ยง 1601 et. seq.) which is known as the Electronic Fund Transfer Act.
A regulation (12 CFR 205) promulgated by the Board of Governors of the Federal Reserve System to ensure consumers a minimum level of protection in disputes arising from electronic fund transfers.
Electronic Funds Transfers - Establishes the rights, liabilities, and responsibilities of parties in electronic funds transfers and protects consumers when they use such systems
A regulation promulgated by the Federal Reserve Board of Governors in order to ensure consumers of a minimum level of protection in disputes arising from electronic funds transfers.
(Electronic Funds Transfer Act): Federal Reserve Board regulation detailing disclosures and rights of electronic finds transfers.
Part of the Electronic Funds Transfer Act as established by the Federal Reserve Board. Regulation E defines electronic funds transfers.