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View Full Version : 07/25/03 Regulations Governing Your ATM



admin
07-25-2003, 01:32 PM
Federal regulations dictate certain aspects of the operation of ATM's by banks. One of the more important is the information the bank must give to you about its operation--disclosure.

"Regulation E requires financial institutions to provide written EFT disclosures that are clear and readily understandable and in a form the consumer may keep. Under an interim rule effective since 2001, banks may deliver required disclosures and other information by electronic communication. Section 205.17 establishes guidelines for this."

Read article:

http://business.cch.com/bankingFinance/news/7-25-jb.asp